OMX: Trading in Second ETF Unit Commences Today at the Nordic Exchange in Helsinki.STOCKHOLM, Sweden -- Trading in ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). (Exchange Traded Fund Exchange Traded Fund Similar to an index mutual fund, these tracking stocks trade continuously. Two popular ETFs are the Standard and Poor's depositary receipt (SPDR) launched in 1993 and the NASDAQ-100 Index Tracking Stock (QQQ) which was launched in 1999. ) units called XACT XACT Xante's Accurate Calibration Technology XACT X Automatic Code Translation XACT Cross Platform Audio Creation Tool OMXH25 commences at the Nordic Exchange in Helsinki today, on Tuesday, March 7, 2006. The XACT OMXH25 fund is an exchange traded index fund that tracks the OMXH25 index, which is comprised of the 25 most traded shares listed on the Helsinki Stock Exchange “HEX” redirects here. For other uses, see HEX (disambiguation).
For Wikipedia's help pages, see . . Investments of the Handelsbanken Mutual Fund Company Ltd's fund are made in proportion to the weight of the shares in the OMX OMX Office Max (stock symbol) Helsinki 25 (OMXH25) index. The change in value of the fund unit reflects the changes in value of the OMXH25 index. Exchange traded fund units are traded in the same manner as normal shares. By purchasing one fund unit, the investor will diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. his investment into 25 shares. XACT funds are funds provided by the XACT Fonder fund management company. In Helsinki, the issuer of XACT funds is the Handelsbanken Mutual Fund Company Ltd. XACT OMXH25 is the second ETF unit listed on the Helsinki Stock Exchange. The first was Seligson's Special Mutual Fund OMX Helsinki 25 Exchange Traded Fund. Trading in ETFs has rapidly increased all over the world since the 1990s. OMX 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 |
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