Nasdaq Helsinki

{{Short description|Finnish stock exchange}} {{refimprove|date=October 2011}} {{Infobox exchange |name = Nasdaq Helsinki |nativename = Helsingin pörssi, Helsingforsbörsen |logo = |image = Helsingin pörssin rakennus.jpg |type = Stock exchange |city = Helsinki |country = Finland |coor = |founded = {{start date and age | October 7, 1912}} |owner = Nasdaq, Inc. |key_people = |listings = 134 Main Market and 50 Nasdaq First North companies (as of April 2024) |mcap = |volume = |currency = Euro |indexes = OMX Helsinki 25 |homepage = {{website |http://www.nasdaqomxnordic.com }} }} '''Nasdaq Helsinki''', formerly known as the '''Helsinki Stock Exchange''' ({{langx|fi|Helsingin Pörssi}}, {{langx|sv|Helsingforsbörsen}}), 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 to as ''OMX Helsinki'' (OMXH), then after NASDAQ's acquisition of OMX in February 2008, ''NASDAQ OMX Helsinki'', and currently '''Nasdaq Helsinki'''.<ref>{{cite news |url = http://www.thetradenews.com/news/Regions/Americas/Nasdaq_drops_OMX_name_from_branding.aspx |last = Bakie |first = John |date = 30 October 2014 |title = Nasdaq drops OMX name from branding |newspaper = The Trade |location = London |access-date = 12 June 2015 |archive-url = https://web.archive.org/web/20160920021551/http://www.thetradenews.com/news/Regions/Americas/Nasdaq_drops_OMX_name_from_branding.aspx |archive-date = 20 September 2016 |url-status = dead }}</ref><ref name=":0">{{Cite web |title=Helsingin pörssin historiaa: kuplia, manioita ja unohduksen kausia |url=https://www.inderes.fi/articles/helsingin-porssin-historiaa-kuplia-manioita-ja-unohduksen-kausia |access-date=2025-08-30 |website=Inderes |language=fi}}</ref>

== History == [[File:AB Börs 1916.jpg|thumb|Share of AB Börs, issued 29 february 1916 with illustration of the stock exchange building designed by architect Lars Sonck]]The Helsinki Stock Exchange was founded during the era of the Grand Duchy of Finland in 1912.<ref name=":0" /><ref>{{Cite web |title=Autonomian ajan viranomaiset |url=https://portti.kansallisarkisto.fi/fi/aineisto-oppaat/autonomian-ajan-viranomaiset |archive-url=https://web.archive.org/web/20250315025333/https://portti.kansallisarkisto.fi/fi/aineisto-oppaat/autonomian-ajan-viranomaiset |archive-date=2025-03-15 |access-date=2025-08-20 |website=Arkistojen Portti |language=fi}}</ref>

The Helsinki Stock Exchange saw its first transaction on October 7, 1912.<ref>{{Cite web |title=Helsinki Stock Exchange 100 years |url=https://www.rahamuseo.fi/en/exhibitions/previous-exhibitions/Helsinki-Stock-Exchange-100-years/ |url-status=dead |archive-url=https://web.archive.org/web/20240605072212/https://www.rahamuseo.fi/en/exhibitions/previous-exhibitions/Helsinki-Stock-Exchange-100-years/ |archive-date=2024-06-05 |access-date=2024-06-05 |website=www.rahamuseo.fi |language=en}}</ref> 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.

The exchange went through a colorful history, including significant growth during World War I, when the number of companies nearly multiplied tenfold due to Russian Empire's wartime demand. The exchange's performance and returns have been volatile, experiencing bubbles, downturns, impacts of wars, Finnish independence, the civil war, economic crises, and technological development.<ref name=":0" />thumb|Main entrance at FabianinkatuOn April 1, 1990, trading was moved to a new digital system: HETI (Helsinki Stock Exchange Automated Trading and Information System, and in Finnish a rough backronym for "immediately"), which replaced the electro-mechanical trading system originally introduced back in 1935. HETI enabled remote traders to conduct 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.

On 3 September 2003, HEX Plc merged with OM AB, owner of the Stockholm Stock Exchange, to become OM HEX. A year later, the company was renamed to OMX.

OMX Helsinki 25 (OMXH25) is the leading share index on Nasdaq Helsinki. It is a market value weighted index that consists of the 25 most-traded on Nasdaq Helsinki. OMXH25 was earlier known by its old name, '''HEX25'''.<ref>{{Cite web |title=Overview for OMXH25 |url=https://indexes.nasdaqomx.com/Index/Overview/OMXH25 |access-date=2024-06-05 |website=indexes.nasdaqomx.com}}</ref>

==Hours== Normal trading sessions are from 10:00{{nbsp}}am to 6:30{{nbsp}}pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.<ref>Market Hours, OMX Nordic Exchange - Helsinki via Wikinvest</ref>

;Other lists * List of Finnish companies * List of Ålandic companies

=== Social club ===

* Helsinki Bourse Club

==References== {{Reflist}}

== External links == {{Commons category|Helsinki Stock Exchange}} *[http://www.nasdaqomxnordic.com/ Nasdaq OMX Nordic homepage] {{in lang|en}} *[http://www.nasdaqomxnordic.com/shares/listed-companies/helsinki Companies listed on Nasdaq Helsinki] {{in lang|en}}

{{Nasdaq Helsinki}} {{Nasdaqomx|state=uncollapsed}} {{World Federation of Exchanges}} {{Finland topics}} {{authority control}}

Category:Financial services companies established in 1912 Category:Finnish companies established in 1912 Category:Economy of Finland Category:Buildings and structures in Helsinki Category:Economy of Helsinki Category:Stock exchanges in Europe Helsinki Category:Nasdaq Nordic Category:Financial services companies of Finland Category:Kluuvi