The OMX Nordic Exchange Strengthens its Position as a Leading European Marketplace.STOCKHOLM, Sweden -- Today, the OMX OMX Office Max (stock symbol) Nordic Exchange (STO:OMX) opens with a common presentation of Swedish, Danish and Finnish listed companies. In addition, OMX also launches several other initiatives that are central to the innovation process on the Nordic financial market, including Nordic indexes, Nordic information offering and harmonized har·mo·nize v. har·mo·nized, har·mo·niz·ing, har·mo·niz·es v.tr. 1. To bring or come into agreement or harmony. See Synonyms at agree. 2. Music To provide harmony for (a melody). listing requirements Listing requirements Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading. . "This is an important milestone in the integration of the Nordic financial market. Step by step we are realizing the vision of an integrated market to the benefit of listed companies, members, investors and other stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . By joining forces in the region, the OMX Nordic Exchange strengthens its position as a leading European marketplace," said Magnus BEcker, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of OMX. "The launch of a common presentation for Finnish, Swedish and Danish companies This is a list of major companies based in Denmark. Please note that the list is highly incomplete and does not have thousands of companies of different sizes. Links should only point to the Wikipedia article, and not to a web page URL. is one visible step in the financial innovation process in the region. The joint presentation gives investors more to choose from and by focusing on industry sectors we make it easier to compare companies in the same industry across the region. Our aim is to, in close cooperation with our customers and other stakeholders, create an integrated Nordic home market. We are also introducing harmonized Nordic listing requirements to improve market transparency," said Jukka Ruuska, President business area Nordic Marketplace at OMX. "It is very rewarding to be part of the financial innovation process of the Nordic market. By launching common presentation along with Nordic Indexes, a Nordic information offering and Nordic communication tools for companies, we are contributing to increased visibility for Nordic listed companies across the region and internationally. That is of utmost importance in the highly competitive global financial markets," said Hans Ole Jochumsen, President business area Information Service & New Markets at OMX. Today, OMX also launches a common website for the Nordic Exchange. The inauguration of trading will be broadcast on our web live at 8.45 CET CET abbr. Central European Time CET Central European Time CET n abbr (= Central European Time) → hora de Europa central CET abbr today and available for replay later. Please visit: www.omxgroup.com/nordicexchange For editors: Swedish, Danish and Finnish companies This is a list of Finnish publicly listed corporations:
A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. and then by industry sector following the international Global Industry Classification Standard (GICS GICS Government Information and Communication Service (UK) GICS German Internet Chess Server GICS Global Industry Classification Standards GICS Grant Information and Control System ). Large Cap is companies with a market value equivalent 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. 1 billion or more, Mid Cap is companies between 150 million and 1 billion euro and Small Cap is companies with a market value less than 150 million euro. The ten sectors in the GICS classification are the following: Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples Consumer Staples The industries that manufacture and sell food/beverages, tobacco, prescription drugs, and household products. Notes: Proctor and Gamble would be considered a consumer staple company because many of its products are household and food related. , Health Care, Financials, Information Technology, Telecommunication Services and Utilities. Along with the common presentation of the companies, OMX launches a Nordic information offering with extensive market data and distribution to information vendors. As per 30 June, OMX distribution network included 129 000 terminals. OMX also offers a wide range of Nordic products and services to support listed companies in getting more visibility, such as the OMX CompanyNews Services that facilitates disclosure of company information and creates a hub for financial information from all listed companies on the OMX Nordic Exchange. We also support listed companies with IR tools for share and trading information etc. OMX also launches new Nordic indexes, such as OMX Nordic All Share and OMX Nordic 40. The latter highlights the 40 most traded companies on the Nordic List, and sector indexes make it easier to find and compare companies across the Nordic countries. A common index for OMX's Nordic alternative market First North in Sweden and Denmark highlights the development of small and mid-sized companies in the Nordic region. Furthermore, the OMX Nordic Exchange introduces harmonized Nordic listing requirements. The listing requirements have been developed 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. best practice and are in line with existing and coming EU directives. Applying the same listing requirements to the companies contributes to improved quality by increasing market transparency. The main Nordic listing requirements are three-year history, documented earnings-generating capacity or financial resources 12 months ahead, 25% of the share capital held in public hands and requirements regarding the company's organization, management and Board. The Nordic list replaces the current A List and O List in Stockholm, the Main List, I List and NM List in Helsinki and the current list in Copenhagen. About OMX 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 entire transaction chain enabling efficient securities transactions for exchanges, clearing organizations, central securities depositories and other financial institutions 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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