Sweden



OM Group, the company that owns and operates the Stockholm Stock Exchange, released Sweden’s first Exchange Traded Fund, XACTOMX, in October 2000. The new ETF, which trades on the OM Stockholm Exchange fund list, tracks the OMX Index that includes a spectrum of Sweden’s most popular stocks.

The fund is available to retail and institutional investors at minimum purchase of 5,000-unit lots, and thereafter in multiples of that minimum investment, that are priced to reflect the OMX value.

OM Stockholm Exchange president Carl Johan Hogbom said XACTOMX is the first step in an ongoing commitment to creating a market for ETFs alongside the active trading of stocks and derivative instruments in Sweden. The Swedish Exchange has made significant steps to beef up its electronic trading capabilities the merger between OM and the Stockholm Stock Exchange in 1998. And not the OM Stock Exchange touts itself as one of the world’s most inexpensive markets to obtain pricing information since the launch of its electronic trading system, known as Jiway, in 2000.

Additional information about XACTOMX is can be obtained by calling the Stockholm Stock Exchange at +46 8 405 60 00 or at the Web site, www.ir.omgroup.com.