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Nasdaq Copenhagen

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The Nasdaq Copenhagen , formerly known as the Copenhagen Stock Exchange ( Danish : Københavns Fondsbørs ), is an international marketplace for Danish securities , including shares , bonds , treasury bills and notes, and financial futures and options .

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16-467: Nasdaq Copenhagen is one of the Nasdaq Nordic Exchanges. Nasdaq Nordic goes back to the 2003 merger of OM AB and HEX plc to form OMX and is, since February 2008, part of Nasdaq, Inc. (formerly known as NASDAQ OMX Group ). The exchange was converted to a limited company in 1996 with share capital issued in a ratio of 60-20-20 to members, issuers of shares, and issuers of bonds. In 1997

32-759: A 20% stake and 5 percent of votes in NASDAQ, as well as NASDAQ's then-28% stake in the London Stock Exchange . In a complex transaction, Borse Dubai acquired 97.2% of OMX's outstanding shares before selling them to NASDAQ. The newly merged company was renamed the NASDAQ OMX Group upon completion of the deal on 27 February 2008. The following exchanges, with official market names in parentheses, are operated by Nasdaq Nordic: The company's stock market activities are made up of three entities: Copenhagen Stock Exchange The Nasdaq Copenhagen , formerly known as

48-703: A deal valuing the company at 250 million SEK . The transaction was completed by the end of the year. The company took a 10% stake in Oslo Børs Holding ASA, the owner of the Oslo Stock Exchange in October 2006. As of September 2016, Nasdaq is not a major shareholder in the Oslo Stock Exchange holding company, which following a merger is currently called Oslo Børs VPS Holding ASA . Nasdaq has, however, publicly stated its interest in eventually acquiring

64-690: A virtual European stock exchange called Jiway. The project was not successful and was cancelled on 14 October 2002. On 3 September 2003, the Helsinki Stock Exchange (HEX) merged with OM and the joint company became OM HEX . On 31 August 2004, the company name was changed to OMX. OMX then acquired the Copenhagen Stock Exchange in January 2005 for €164 million. On 19 September 2006, Iceland Stock Exchange owner Eignarhaldsfelagid Verdbrefathing (EV) announced it would be acquired by OMX in

80-461: Is the common name for the subsidiaries of Nasdaq, Inc. that provide financial services and operate marketplaces for securities in the Nordic and Baltic regions of Europe . Historically, the operations were known by the company name OMX AB ( Aktiebolaget Optionsmäklarna /Helsinki Stock E x change), created in 2003 with the merger between OM AB and HEX plc . In 2015, the legal entity OMX AB

96-475: The Copenhagen Stock Exchange ( Danish : Københavns Fondsbørs ), is an international marketplace for Danish securities , including shares , bonds , treasury bills and notes, and financial futures and options . Nasdaq Copenhagen is one of the Nasdaq Nordic Exchanges. Nasdaq Nordic goes back to the 2003 merger of OM AB and HEX plc to form OMX and is, since February 2008, part of Nasdaq, Inc. (formerly known as NASDAQ OMX Group ). The exchange

112-624: The European Commission . OM AB ( O ptions m äklarna ) was a futures exchange founded by Olof Stenhammar in the 1980s to introduce trading in standardized option contracts in Sweden . OM acquired the Stockholm Stock Exchange in 1998 and unsuccessfully attempted acquisition of the London Stock Exchange in 2001. During the dot-com bubble in the early 2000s, OM, together with investment bank Morgan Stanley Dean Witter , launched

128-726: The FUTOP Clearing Center A/S, the Danish derivatives market, became a wholly owned subsidiary . FUTOP issues, clears, and guarantees futures and options on shares, indices , and interest rate products. FUTOP products can be traded electronically. In 1998, the CSE and the Stockholmsbörsen formed the NOREX Alliance, a step toward developing a Nordic securities market. Normal trading sessions are from 09:00am to 05:00pm on all days of

144-416: The CSE and the Stockholmsbörsen formed the NOREX Alliance, a step toward developing a Nordic securities market. Normal trading sessions are from 09:00am to 05:00pm on all days of the week except Saturdays, Sundays and holidays declared by the exchange in advance. The C25 Index, a weighted, market value index comprising 25 Danish blue chips , launched for futures and options trading (members include

160-679: The Oslo Stock Exchange. In November 2007, OMX acquired the Armenian Stock Exchange and the Central Depository of Armenia . In December 2005, OMX started First North , an alternative exchange for smaller companies, in Denmark . The First North exchange expanded to Stockholm in June 2006, Iceland in January 2007 and Helsinki in April 2007. The Markets Technology division of Computershare

176-510: The exchanges KVX Growth Market. The KAX Index is the exchange's all-share index, introduced in 2001 to replace the previous all-share index. It conforms to the Global Industry Classification Standard developed by Morgan Stanley Dean Witter and Standard & Poor's . 55°40′45″N 12°34′53″E  /  55.67917°N 12.58139°E  / 55.67917; 12.58139 Nasdaq Nordic Nasdaq Nordic

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192-493: The list. OMX also launched a pan-regional benchmark index known as the OMX Nordic 40 on the same date; however, the individual exchanges also retained their own national benchmark indices. On 25 May 2007, NASDAQ agreed to buy OMX for US$ 3.7 billion. In August, however, Borse Dubai offered US$ 4 billion, prompting speculation of a bidding war . On 20 September 2007, Borse Dubai agreed to stop competing to buy OMX in return for

208-400: The week except Saturdays, Sundays and holidays declared by the exchange in advance. The C25 Index, a weighted, market value index comprising 25 Danish blue chips , launched for futures and options trading (members include the A.P. Moller-Maersk Group ). The KFX Index comprises growth companies in the medical , telecommunications , biotechnology , and information technology sectors on

224-504: Was acquired in 2006. The acquisition greatly expanded its product offerings and made its client list the largest of all trading system technology providers. On 2 October 2006, the group launched a virtual Nordic Stock Exchange after merging the individual lists of shares traded at its three wholly owned Nordic exchanges into a combined Nordic List. Companies listed on the Iceland Stock Exchange have also since been merged into

240-419: Was converted to a limited company in 1996 with share capital issued in a ratio of 60-20-20 to members, issuers of shares, and issuers of bonds. In 1997 the FUTOP Clearing Center A/S, the Danish derivatives market, became a wholly owned subsidiary . FUTOP issues, clears, and guarantees futures and options on shares, indices , and interest rate products. FUTOP products can be traded electronically. In 1998,

256-523: Was renamed Nasdaq AB , but it also operates under the name Nasdaq OMX AB . The operations have been part of Nasdaq, Inc. (formerly known as Nasdaq OMX Group ) since February 2008. On 23 August 2023, the company formed EuroCTP as a joint venture with 13 other bourses, in an effort to provide a consolidated tape for the European Union , as part of the Capital Markets Union proposed by

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