The Nasdaq Stock Market is an American stock exchange. It is the second-largest stock exchange in the world by market capitalization, behind only the New York Stock Exchange located in the same city. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic and Nasdaq Baltic stock market network and several U.S. stock and options exchanges.
Philadelphia Stock Exchange (PHLX), now known as NASDAQ OMX PHLX, is the oldest stock exchange in the United States. It is now owned by The NASDAQ OMX Group. Founded in 1790, the exchange was originally named the Board of Brokers of Philadelphia, also referred to as the Philadelphia Board of Brokers. In 1875, the Board of Brokers changed its name to the Philadelphia Stock Exchange. The exchange merged with the Baltimore Stock Exchange in 1949 and was named the Philadelphia-Baltimore Stock Exchange. It merged with the Washington Stock Exchange in 1954, becoming known as the Philadelphia-Baltimore-Washington Stock Exchange. In 1969, the exchange acquired the Pittsburgh Stock Exchange. In 2007, PHLX was purchased by NASDAQ for $652 million.
The Helsinki Stock Exchange is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic. After the OMX merger, it was referred to as OMX Helsinki (OMXH), then after NASDAQ's acquisition of OMX in February 2008, NASDAQ OMX Helsinki, and currently Nasdaq Helsinki.
The Stockholm Stock Exchange, operating under the name Nasdaq Stockholm, is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. More than 300 companies have been listed for trading.
The Iceland Stock Exchange, operating under the name Nasdaq Iceland and also known as ICEX, was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the central bank. Trading began in 1986 in Icelandic government bonds, and trading in equities began in 1991. Equities trading increased rapidly thereafter. A wide variety of firms are currently listed on the exchange, including firms in retail, fishing, transportation, banks, insurance and numerous other areas. Because of the small size of the Icelandic economy and the low cost of public listing, many of the companies traded on the ICEX are relatively small and are relatively illiquid.
The Nasdaq Vilnius Stock Exchange is a stock exchange established in 1993 operating in Vilnius, Lithuania. It is owned by Nasdaq Nordic, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange.
The Riga Stock Exchange, now Nasdaq Riga, is the sole stock exchange operating in Riga, Latvia. It is owned by Nasdaq, which also operates exchanges in the USA, Denmark, Sweden, Finland, Iceland, Armenia, Lithuania, and Estonia. Established in 1993.
The Nasdaq Tallinn Stock Exchange is a stock exchange operating in Tallinn, Estonia. Nasdaq Tallinn is the only regulated secondary securities market in Estonia. The major stock market index is Nasdaq Tallinn, formerly known as TALSE.
OMX Helsinki 25 is a stock market index for the Helsinki Stock Exchange. It is a market value weighted index that consists of the 25 most-traded stock classes. The maximum weight for a single stock is limited to 10%. This is mainly to limit Nokia's weight in the index, although Fortum and Sampo Group were also capped in a February 2009 reshuffle.
The OMX Stockholm 30 is a stock market index for the Stockholm Stock Exchange. It is a capitalization-weighted index that consists of the 30 most-traded stock classes.
Nasdaq, Inc. is an American multinational financial services corporation that owns and operates the NASDAQ stock market, one Western Asian stock exchange, the Armenian Stock Exchange and seven European stock exchanges: Copenhagen Stock Exchange, Helsinki Stock Exchange, Iceland Stock Exchange, Riga Stock Exchange, Stockholm Stock Exchange, Tallinn Stock Exchange, and NASDAQ OMX Vilnius. It is headquartered in New York City, and its president and chief executive officer is Adena Friedman. The Swedish investment company Investor AB has been a major shareholder since 2011.
In 1997, the Copenhagen Stock Exchange and the Stockholm Stock Exchange initiated formalized cooperation through NOREX, with the purpose of establishing a joint Nordic securities market. At the beginning of 1998, the two exchanges established a joint company, Nordic Exchanges A/S, whose primary task was to market NOREX worldwide.
The OMX Nordic 40 (OMXN40) is a stock market index for the pan-regional (virtual) Nordic Stock Exchange. It is a capitalization-weighted index, created on October 2, 2006, that consists of the 40 most-traded stock classes of shares from the four stock markets operated by the OMX Group in the Nordic countries - Copenhagen, Helsinki, Reykjavík and Stockholm. The base date for the index is December 28, 2001, with a base value of 1000.
The OMX Iceland 15 is a defunct stock market index which consisted of a maximum of 15 companies listed on the OMX Iceland Stock Exchange with the highest market capitalization. At the final official review of the index effective in January 2009, 12 companies made up the index, four of which were Faroese. Calculated daily since 1998 and starting at 1,000 points, it was a market value-weighted index and the constituent companies were reviewed twice a year.
The OMX Iceland 8 is a stock market index consisting of 8 largest companies listed on the Iceland Stock Exchange.
Nasdaq OMX Alpha Indexes measure the relative performance of an underlying stock or exchange-traded fund (ETF) against another benchmark ETF using a proprietary calculation. The first component in the index is the “Target Component”, such as Apple (AAPL), and the second component is identified as a “Benchmark Component”, such as the S&P 500 ETF (SPY).
