Stockholm Stock Exchange (STO) .ST

AAA

DEFINITION of 'Stockholm Stock Exchange (STO) .ST'

The main securities market in Sweden, the Stockholm Stock Exchange was founded in 1863. In 1997, it joined the NOREX alliance, a group that also includes the stock exchanges of Oslo, Copenhagen and Iceland, as part of an effort for the Nordic exchanges to attract greater international investment through a common trading platform and streamlined regulations.

INVESTOPEDIA EXPLAINS 'Stockholm Stock Exchange (STO) .ST'

In 1998, the Stockholm Stock Exchange merged with OMX. In 2007, it changed its name to OMX Nordic Exchange Stockholm AB. At the time of writing, it is held by the Nordic division of NASDAQ OMX, the world's largest exchange holding company.

The exchange trades in equities, premium bonds, retail bonds, convertible loans, subscription rights, exchange-traded options and warrants. One of its major indexes is the market-value-weighted OMX Stockholm 30, which tracks the 30 most-traded stocks.

RELATED TERMS
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Shareholder

    Any person, company or other institution that owns at least one ...
  3. Barcelona Stock Exchange (BAR) ...

    One of Spain's four major securities exchanges. Established in ...
  4. Market Share

    The percentage of an industry or market's total sales that is ...
  5. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  6. Investment

    An asset or item that is purchased with the hope that it will ...
RELATED FAQS
  1. Can stocks be traded on more than one exchange, such as, for example, on both the ...

    A stock can trade on any exchange on which it is listed. And to be listed it must meet all of the exchange's listing requirements ... Read Full Answer >>
  2. Why would a company issue a rights offering?

    Companies most commonly issue a rights offering to raise additional capital. A company may need extra capital to meet its ... Read Full Answer >>
  3. What is the difference between share purchase rights and options?

    There is a big difference between share purchase rights and options. With share purchase rights, the holder may or may not ... Read Full Answer >>
  4. What is the difference between an option-adjusted spread and a Z-spread in reference ...

    Unlike the Z-spread calculation, the option-adjusted spread takes into account how the embedded option in a bond can change ... Read Full Answer >>
  5. In what ways can a sinking fund affect bond returns?

    The effective yield of a bond sinking fund to an investor should not be considered similar to a bond nonsinking fund. Both ... Read Full Answer >>
  6. How would a standby letter of credit be used during an export transaction?

    A standby letter of credit is typically used to provide a bank guarantee of payment for an exporter in the event that an ... Read Full Answer >>
Related Articles
  1. Investing Basics

    Stock Basics Tutorial

    If you're new to the stock market and want the basics, this is the tutorial for you!
  2. Personal Finance

    The Birth Of Stock Exchanges

    Learn how British coffeehouses helped give rise to the juggernaut that is the NYSE.
  3. Options & Futures

    Getting To Know The Stock Exchanges

    Here are the answers to all the questions you have about stock exchanges but are too afraid to ask!
  4. Trading Systems & Software

    The Global Electronic Stock Market

    The way trading is conducted is changing rapidly as exchanges turn toward automation.
  5. Economics

    Gaining Market Influence-- The Case of US Shale

    A convergence of sustained bank financing, falling production costs and rising oil prices might position the US shale industry for a greater market role.
  6. Investing

    What More Volatility Means For Momentum Stocks

    One byproduct of the recent tick higher in bond yields: a meaningful rise in volatility for both stocks and bonds.
  7. Options & Futures

    How & Why Interest Rates Affect Options

    The Fed is expected to change interest rates soon. We explain how a change in interest rates impacts option valuations.
  8. Fundamental Analysis

    Can You Invest in China's Huawei?

    Have you heard of giant Chinese telecom maker Huawei? Here's what you need to know.
  9. Economics

    Infrastructure Investment & Institutional Reforms

    There has been a lot of buzz in the market lately about the prospect for growth and stability in Latin America.
  10. Investing

    Market Crisis: Does Diversification Still Work?

    If you still aren’t sold on the benefits of international diversification, you may object that: Diversification didn’t work during the last market crisis.

You May Also Like

Hot Definitions
  1. Moving Average - MA

    A widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random ...
  2. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  3. Productivity

    An economic measure of output per unit of input. Inputs include labor and capital, while output is typically measured in ...
  4. Variance

    The spread between numbers in a data set, measuring Variance is calculated by taking the differences between each number ...
  5. Terminal Value - TV

    The value of a bond at maturity, or of an asset at a specified, future valuation date, taking into account factors such as ...
  6. Rule Of 70

    A way to estimate the number of years it takes for a certain variable to double. The rule of 70 states that in order to estimate ...
Trading Center