Nasdaq Helsinki
The Helsinki Stock Exchange (HEX), is a stock exchange located in Helsinki, Finland. In 2003 the exchange was acquired by OM HEX and merged with the Stockholm Stock Exchange, which now are operated as HEX Integrated Markets.
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 in equal circumstances as those in the trading room.
The cooperative changed to an limited liability company (Helsingin Arvopaperipörssi) in the fall of 1995 and merged with several clearing and stock deposit companies and associations in 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 Exhange and the Riga Stock Exchange.
Currently listed stocks (followed by quote symbol)
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See also: List of Finnish companies