Stockholm Stock Exchange

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The main stock exchange in Sweden, which is regulated by the Bank Inspection Board and the Riksbanken (central bank). Taxation on share trading from 1984 drove much trading to London and New York, with 45% of the turnover in Swedish equities being traded outside Sweden. The non-socialist government elected in 1991 subsequently abolished the tax. The Stockholm Stock Exchange was acquired by the Swedish financial services company OMX in 1998 and merged with the Helsinki Stock Exchange in 2003.

Subjects: Financial Institutions and Services.

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