Overview

London Securities and Derivatives Exchange


Show Summary Details

Quick Reference

(OMLX)

An exchange set up by OMX in 1990 to trade in futures contracts and options in Swedish equities. Originating as a way of reducing liability to Swedish tax, it remained in London after the tax it was set up to avoid was rescinded. In 2003 it transferred its markets to EDX London, the newly formed derivatives arm of the London Stock Exchange.

Subjects: Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.