Printer Friendly
The Free Library
14,529,145 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

OMX: OMX's Exchanges Monthly Statistics February 2006.


STOCKHOLM, Sweden -- All-time high in February

-- The number of share trades on OMX' (STO STO Store (calculator function)
STO Société de Transport de l'Outaouais (French)
STO Strategic Technology Office (DARPA)
STO Security Through Obscurity
STO Service to Others
:0MX) exchanges reached an average of 120,749 trades per day (previous record: 117,572 in January 2006).

Share trading

The value of average daily share trading amounted to EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 4,048 million (during the past 12-month period: EUR 3,227 million). The average number of trades per business day was 120,749 (during the past 12-month period: 88,261).

The turnover rate was 130%.

Derivative derivative: see calculus.
derivative

In mathematics, a fundamental concept of differential calculus representing the instantaneous rate of change of a function.
 trading

The average daily trading volume Trading volume

The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares.
 in Swedish, Finnish and Danish equity and fixed-income derivative products amounted to 634,335 contracts (during the past 12-month period: 497,529). The average daily number of contracts in equity derivative In finance, an equity derivative is a class of financial instruments whose value is at least partly derived from one or more underlying equity securities. Market participants trade equity derivatives in order to transfer or transform certain risks associated with the  products amounted to 561,889 (during the past 12-month period: 456,021), while the average daily number of contracts in fixed-income derivative products amounted to 72,446 (during the past 12-month period: 41,507).

The average daily premium value of stock options amounted to EUR 12.3 million (during the past 12-month period EUR 5.7 million).

Bond trading

The value of average daily bond trading amounted to EUR 8,992 million (during the past 12-month period: EUR 10,092 million).

Covered warrant trading

The value of average daily warrant trading amounted to EUR 11.1 million (during the past 12-month period: EUR 7.0 million).

ETF ETF

See Exchange Traded Fund.


ETF

See exchange-traded fund (ETF).
 / Investment fund trading

The value of average daily trading in ETFs/Investment funds amounted to EUR 82 million (during the past 12-month period: EUR 71 million).

Index development

In February, the OMXS30 index increased by 3.4%, the OMXH25 index increased by 5.7%, the OMXC20 index increased by 0.4%, the OMXT index increased by 0.5%, the OMXR index decreased by 12.0%, and the OMXV index decreased by 8.0%.

Members

On February 28, the total number of members was 149 (excluding 101 members that are members of more than one exchange) of which Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries.  has 86 members, Helsinki Stock Exchange “HEX” redirects here. For other uses, see HEX (disambiguation).
For the numeral system, Hex, see Hexadecimal

For Wikipedia's help pages, see .
 51 members, Copenhagen Stock Exchange Copenhagen Stock Exchange

The only securities exchange in Denmark. It features electronic trading of stocks, bonds, futures, and options.
 51 members, Tallinn Stock Exchange The Tallinn Stock Exchange is a stock exchange operating in Tallinn, Estonia. It is one of the OMX Exchanges, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. It is the only regulated exchange in Estonia. The major stock market index was the TALSE.  19 members, Riga Stock Exchange The Riga Stock Exchange is a sole stock exchange operating in Riga, Latvia. It is owned by OMX, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange.  18 members and Vilnius Stock Exchange The Vilnius Stock Exchange (VSE) is a stock exchange established in 1993 operating in Vilnius, Lithuania. It is owned by OMX, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange.  25 members.

List changes

Shares

On February 28, the total market value of all listed companies listed company ncompañía cotizable

listed company nsociété cotée en Bourse

listed company list n
 amounted to EUR 780 billion (February 28, 2005: EUR 621 billion). In February, two companies were listed on the Stockholm Stock Exchange. On the Copenhagen Stock Exchange two companies were listed and one company was delisted. The total number of listed companies is 680 (excluding nine multiple listings) of which 273 companies are listed on the Stockholm Stock Exchange, 137 on the Helsinki Stock Exchange, 177 on the Copenhagen Stock Exchange, 15 on the Tallinn Stock Exchange, 44 on the Riga Stock Exchange and 43 on the Vilnius Stock Exchange.

Bonds

The total number of listed bonds is 4,290 of which 1,602 are listed on the Stockholm Stock Exchange, 308 on the Helsinki Stock Exchange, 2,300 on the Copenhagen Stock Exchange, nine on the Tallinn Stock Exchange, 34 on the Riga Stock Exchange and 37 on the Vilnius Stock Exchange. In February, 48 new bonds were registered on the Stockholm Stock Exchange, and 42 bonds were delisted. On the Helsinki Stock Exchange seven new bonds were registered, while two were delisted. On the Copenhagen Stock Exchange 19 new bonds were listed, while four were delisted. On the Riga Stock Exchange one bond was listed. On the Vilnius Stock Exchange three bonds were listed, and two were delisted.

Covered Warrants

The total number of listed covered warrants is 1,348 of which 1,046 are listed on the Stockholm Stock Exchange and 302 on the Helsinki Stock Exchange. In February, 104 warrants were listed on the Stockholm Stock Exchange and 112 were delisted. On the Helsinki Stock Exchange 56 covered warrants were listed, and 93 were delisted.

Surveillance and Enforcement

Stockholm Stock Exchange

In February the Stockholm Stock Exchange has issued three companies criticism for infringes of the rules of the Exchange. These infringes were not of such a serious nature that they required to be handled by the Disciplinary Committee. Two companies were criticized for having published incomplete information to the stock market. One company was criticized for not having published a notice to the annual shareholders meeting through a press release.

The Stockholm Stock Exchange has issued criticism towards exchange members on three occasions in connection with breaches of exchange rules. The first issue concerned an incident where the member, by use of automatic order routing, placed orders in a careless careless adj., adv. 1) negligent. 2) the opposite of careful. A careless act can result in liability for damages to others. (See: negligent, negligence, care)  manner resulting in a strong market impact which is in conflict with the trading rules. The second issue concerned missing reporting of manual trades. The member had, due to a deficiency in their internal trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
, failed to report a number of trades in due time. The third issue concerned a situation where a member failed to fulfill ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 its obligations according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a market maker-agreement for a number of warrants. The member had failed to supply the exchange with accurate and complete information about the conditions for trading the warrants in question. One foreign investment firm, however not a member of the Stockholm Stock Exchange, was criticized for not having disclosed a notice concerning acquisitions and transfers of shares in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[]

As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh.
 with the rules of the Swedish Industry and Commerce Stock Exchange Committee.

During the month, four cases have been handed over to the Swedish Financial Supervisory Authority. Three of these cases have concerned suspected illegal insider trading and one of them has concerned suspected market abuse in connection with trading with strong market impact.

Forsakringsaktiebolaget Skandia was placed on the Observation segment of the Stockholm Stock Exchange's A-list since the company did not fulfill the listing requirement regarding shareholder concentration.

The Helsinki Stock Exchange

During February the Helsinki Stock Exchange issued two companies criticism. One company was criticized because it did not publish changes in the Board of Director's proposals to the Annual General Meeting. The second company was criticized for breaching the exchange rules when not commenting on public information. In addition to this case the exchange stated that a listed company is not allowed to restrict its duty to disclose information in any way that conflicts the regulations of the exchange. The incidents were not of such a serious nature that they required to be handled by the Disciplinary Committee.

During the month the Helsinki Stock Exchange called a member's attention to their inadequate compliance with the rules regarding reporting of Manual Trades.

Saunalahti Group Corporation was placed on the Observation Segment of the Main List since the company had applied for delisting Delisting

When the stock of a company is removed from a stock exchange.

Notes:
Reasons for delisting include violating regulations and/or failure to meet financial specifications set out by the stock exchange.
.

The Copenhagen Stock Exchange

In February, the Copenhagen Stock Exchange reprimanded a member firm for having breached the Norex Member Rules. The member had executed a number of order book trades with no underlying customers.

During the month the Copenhagen Stock Exchange considered two mandatory bids. The first bid was to the shareholders in Theodor Ejendomsinvest A/S, made by AM Gruppen A/S and Aandahl A/S. The other bid was to the shareholders in Schaumann Properties A/S made by Schaumann Holding A/S.

BioMar Holding A/S was removed from the observation list as Schouw & Co., after the close of a mandatory bid, had acquired less than 90 per cent of the shares in the company. Consequently the listing is maintained, with Schouw & Co. as the majority shareholder.

In February, Potagua Kapital A/S was transferred to the observation list as the company was about to hold an extraordinary general meeting with the purpose of passing a resolution to dissolve A Web site design technique borrowed from the film and video industry in which the transition between two Web pages is represented visually by one page fading into another. Also known as a "soft cut," the result is achieved in the HTML coding of the images to gradual pre-determined  the company and deregister from the Danish Commerce & Companies Agency.

Vilnius Stock Exchange

In February the Vilnius Stock Exchange issued a warning towards one exchange member. The warning concerned an incident where the member failed to enter a sell order into the order book within given time, and thereby breaching the rules of the Exchange.

These statistics are also available at www.omxgroup.com.

This report comprises statistics from the Stockholm Stock Exchange, Helsinki Stock Exchange, Copenhagen Stock Exchange, Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange. The reported figures pertain to pertain to
verb relate to, concern, refer to, regard, be part of, belong to, apply to, bear on, befit, be relevant to, be appropriate to, appertain to
 all the six exchanges, unless otherwise stated.

OMX OMX Office Max (stock symbol)  is a leading expert in the exchange industry. Through the Nordic Exchange in Copenhagen, Stockholm, Helsinki, Riga, Tallinn and Vilnius, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. Our integrated technology solutions span the transaction chain enabling efficient securities transactions for exchanges, clearing organizations and central securities depositories around the world. OMX is listed on the Nordic Exchange in Stockholm, Helsinki and Copenhagen. For more information, please visit www.omxgroup.com.

This information was brought to you by Waymaker http://www.waymaker.net
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 1, 2006
Words:1452
Previous Article:Los Angeles Stand For Security Coalition News Release: Maguire Properties to Black clergy, elected leaders: ''Maguire Properties Encourages Guards To...
Next Article:CLO Examines How University Partnerships Bring Real World Results; Nelnet Discusses the Human Capital Benefits of a University Partnership.
Topics:



Related Articles
OMX Exchanges: Changes to Stockholm Stock Exchange's Most Traded and ATTRACT40 Segments.
OMX and the Cairo & Alexandria Stock Exchanges Sign Letter of Intent Regarding Technology Partnership.
Iceland Stock Exchange to Join the OMX Nordic Exchange.
OMX Signs Memorandum of Understanding with Zagreb Stock Exchange.
Stockholm Stock Exchange Warns FlyMe.
OMX Acquisition of the Iceland Stock Exchange Finalized.
OMX Offer for Ljubljana Stock Exchange in Slovenia.
OMX Signs Contract with the Cairo & Alexandria Stock Exchanges to Deliver New Trading System.
OMX Signs Contract with the Zagreb Stock Exchange to Deliver New Trading System.
Stockholm Stock Exchange: Stockholm Stock Exchange's Disciplinary Committee Fines Erik Penser Fondkommission.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles