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OMX Nordic Exchange serves as a central gateway to the Nordic and Baltic financial markets, promoting greater interest, opportunity and investment in the whole region.
Investors have more to choose from and it is easier to locate investment options. Companies are more visible and accessible to investors inside and outside the Nordic region. Companies are able to compare themselves with others and they are comparable with similar companies within that particular industry. Creating a larger market place increases interest in the Nordic region and attracts more capital, which in turn will contribute positively to the economy of the entire region. List division into different segments
Companies on the Nordic Exchange are divided into three segments: Large Cap, Mid Cap and Small Cap. Nordic companies with a market value over one billion euro are presented within the Nordic Large Cap segment. Companies with a market value between 150 million and 1 billion euro are contained within the Mid Cap segment, while companies with a market value below 150 million euro are contained in the Small Cap segment. The segments are revised every six months, on 1 January and 1 July, based on the weighted average price for May and November.
View and download the Nordic list
Industry classification - GICS
Companies are divided within each segment into sectors according to the international GICS, Global Industry Classification Standard, developed by Morgan Stanley and Standard & Poor's. GICS is currently used as a classification instrument on exchanges throughout the world. Such classification aims to make it possible to draw comparisons between sectors in different countries, as well as make investment management and analyses easier. The industry division is based on the company's main operations, i.e. the business area that generates the most revenueu for the company. Companies with similar operations are presented together on the list, which makes it easier to find and compare companies throughout the Nordic region within each industry.
The GICS classification is split into four levels: sectors, industry groups, industries and sub-industries. All listed companies are industry-classified and are included in different sector indices. The ten sectors are:
- Energy
- Materials
- Industrials
- Consumer Discretionary
- Consumer Staples
- Health Care
- Financials
- Information Technology
- Telecommunications Services
- Utilities
Indexes
New indexes that reflect development by segment and sector have been launched along with the new list. These indexes are calculated at both Nordic and local level.
The indexes on the Nordic exchanges consist of five different families: The all share index is available at Nordic and national level and reflects the share price trend for all the listed companies. The sector index compares companies in the same industry. The list index reflects the development of the companies included in each segment, i.e. Nordic Large Cap, Mid Cap or Small Cap. The benchmark is a portfolio index (local level) that is intended to offer a reflection of the total market using a limited number of shares. The tradable index consists of the most traded shares at both Nordic and national level.
How to trade
Banks and securities companies that are members of OMX, Nordic Exchange are able to offer their customers trading in all companies on the Nordic List. Trading takes place in the local currency listed for that company. The majority of securities companies also have a currency exchange service in place for trading in foreign currency.
Common Nordic listing requirements
The same listing requirements applies to all companies on the Nordic Exchange. The uniform requirements make it easier for investors, members, issuers and other interested parties to review the Nordic market and its companies in a national as well as international context. The aim of the Nordic Exchange is two-fold: to make it simple for companies to be listed and also easier to invest in companies on the Nordic list. At the same time, it is important to maintain the highest possible standards and quality.
In brief, the following is included in a listing on the Nordic Exchange:
- A three-year history
- Documented profit-earning ability or financial resources for twelve months ahead
- 25% of the share capital in public hands
- The requirements on the company's organisation, management and board
Read more about listing ![]()
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