The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange (), is an international marketplace for
Danish securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
, including
shares
In financial markets, a share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Sha ...
,
bonds,
treasury bills
United States Treasury securities, also called Treasuries or Treasurys, are government debt instruments issued by the United States Department of the Treasury to finance government spending as a supplement to taxation. Since 2012, the U.S. ...
and notes, and financial
futures and
options.
Nasdaq Copenhagen is one of the
Nasdaq Nordic
Nasdaq Nordic 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 compan ...
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.
Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange (on which it is also listed), the Philadelphia Stock Exchange, and ...
(formerly known as ''NASDAQ OMX Group'').
Background and structure
The exchange was converted to a
limited company
In a limited company, the Legal liability, liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a c ...
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
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...
. FUTOP issues, clears, and guarantees futures and options on shares,
indices, and
interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the 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 the week except Saturdays, Sundays and holidays declared by the exchange in advance.
[ Market Hours, OMX Nordic Exchange - Copenhagen via Wikinvest]
CSE indices
The
C25 Index, a weighted,
market value
Market value or OMV (open market valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with ''open market value'', ''fair value'' or '' fair market value'', although t ...
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
Medicine is the science and Praxis (process), practice of caring for patients, managing the Medical diagnosis, diagnosis, prognosis, Preventive medicine, prevention, therapy, treatment, Palliative care, palliation of their injury or disease, ...
,
telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...
,
biotechnology
Biotechnology is a multidisciplinary field that involves the integration of natural sciences and Engineering Science, engineering sciences in order to achieve the application of organisms and parts thereof for products and services. Specialists ...
, and
information technology
Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...
sectors on 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
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...
Dean Witter and
Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is co ...
.
See also
Other lists
*
List of Danish companies
Denmark is a Scandinavian country in Europe. The country has a developed economy, developed mixed economy that is classed as a World Bank high-income economy, high-income economy by the World Bank. It ranks 18th in the world in terms of List of c ...
*
List of Finnish companies
Finland is a sovereign state in Northern Europe. It was a relative latecomer to industrialization, remaining a largely agrarian country until the 1950s. It rapidly developed an advanced economy while building an extensive Nordic-style welfare s ...
*
List of Faroese companies
*
List of Greenlandic companies
Stock market lists
*
Nasdaq Nordic
Nasdaq Nordic 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 compan ...
*
Nasdaq Stockholm
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange (), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total ...
*
Nasdaq Helsinki
Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange (, ), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called ''OMX''). After the OMX merger, it was referred t ...
*
Nasdaq Vilnius
*
Nasdaq Riga
The Nasdaq Riga, formerly Riga Stock Exchange, 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 ...
*
Nasdaq Tallinn
*
Nasdaq Iceland
The Nasdaq Iceland, formerly known as the Iceland Stock Exchange (ICEX) ( ), is a Stock exchange, stock exchange for Icelandic Bond (finance), bonds and equities. Companies in sectors such as retail, fishing, transportation, banking and real esta ...
*
Nasdaq First North
Nasdaq First North Growth Market is a division of Nasdaq Nordic and an alternative stock exchange (legally a multilateral trading facility) for smaller companies in Europe. The market place Nya Marknaden in Stockholm changed name to First North in ...
References
External links
Official siteOMX Group
{{coord, 55, 40, 45, N, 12, 34, 53, E, region:DK-84_type:landmark_source:kolossus-dewiki, display=title
Financial services companies established in the 17th century
Stock exchanges in Europe
Economy of Denmark
1625 establishments in Denmark
Copenhagen
Copenhagen ( ) is the capital and most populous city of Denmark, with a population of 1.4 million in the Urban area of Copenhagen, urban area. The city is situated on the islands of Zealand and Amager, separated from Malmö, Sweden, by the ...
Nasdaq Nordic
Organizations established in the 1620s