Helsinki Stock Exchange
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The Helsinki Stock Exchange (Helsingin Pörssi) (HEX), is a stock exchange located in Helsinki, Finland. In 2003 the exchange was acquired by OMX and the operations was merged with that of the Stockholm Stock Exchange.
History
The Helsinki Stock Exchange saw its first transaction on October 7 1912. From then it remained a "free form" financial association until in 1984 it was converted into a cooperative owned mostly by banks, traders, other companies and associations.
On April 1 1990 trading was moved to a new digital system: HETI (Helsinki Stock Exchange Automated Trading and Information System), which replaced the electro-mechanical trading board originally introduced back in 1935. HETI enabled remote traders to do transactions on equal terms with those in the trading room.
The cooperative changed to a limited liability company (Helsingin Arvopaperipörssi) in the fall of 1995 and merged with several clearing and stock deposit companies and associations at the beginning of 1997. During 1997 and 1998 the Stock Exchange bought both of the Finnish derivative exchanges and merged them with itself to become HEX. In November 1998 HEX merged with Arvopaperikeskus to form Helsinki Exchanges Group Plc, which then changed its name to HEX Plc in the spring of 2001. In 2001 and 2002 HEX acquired a majority share of the Tallinn Stock Exchange and the Riga Stock Exchange.
OMXH25 is a stock market index for Helsinki Stock Exchange. It is a market value weighted index that consists of the 25 most-traded stock classes. OMXH25 is more commonly known by its old name, HEX25.
Currently listed stocks (followed by quote symbol)
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See also: List of Finnish companies
External links
- HEX homepage in English (http://www.hexgroup.com/en/index.html)
- Stocks information (http://marketinfo.eqonline.fi/eq/index/index.html)fi:Helsingin pörssi