OMX

Definition

Subsidiary of NASDAQ OMX Group that was created in 2003 after OM AB and HEX plc merged. OMX has two main divisions that focus on the operation of several stocks exchanges and the creation of systems to assist with financial transactions performed on these exchanges. The company is based out of Stockholm, Sweden.

Use OMX in a sentence

You may want to try and follow the OMX to get a gauge on how the over all market has been doing.

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He worked for the OMX and he really liked his job and he realized that he loved what he did and how he did it.

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My hedge fund manager gets up at 1 a.m every day because much of the trading he does is in European stocks traded on the OMX.

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NASDAQ OMX 100 Index Copenhagen Stock Exchange (CSE)