EDX London Ltd is a derivatives exchange managed by the London Stock Exchange. The market was set up in 2003 to combine the liquidity and expertise of the LSE with advanced derivatives technology offered by OMX AB. Members of EDX can trade either standardised or flexible futures and options on indices or single stocks. Trading takes place on the three international linked exchanges, the Stockholm Stock Exchange, Copenhagen Stock Exchange, and Oslo Børs. The Source by Greyworld, in the new LSE building Paternoster Square. ... OMX is the stock symbol for OfficeMax. ... The Stockholm Stock Exchange is a stock exchange located in Stockholm, Sweden. ... The Copenhagen Stock Exchange (CSE) is an international marketplace for Danish securities, including shares, bonds, Treasury bills and notes, and financial futures and options. ... Oslo Stock Exchange Oslo Stock Exchange (Norwegian: Oslo Børs) serves as the main market for trading in shares of Norwegian companies. ...
Trading takes place on the CLICK trading platform. Trades settle using SECUR technology and are cleared via LCH.Clearnet. There are approximately 150 contracts available for trading on EDX London.
EDXLondon Members that have a permanent place of business in Iceland, Norway, Liechtenstein, or a country that is part of the European Union, but not within the United Kingdom, must be authorized by the relevant regulator in their respective home country.
EDXLondon Members that do not have a permanent place of business in any of the foregoing countries must demonstrate to the satisfaction of EDXLondon that they are subject to an appropriate level of regulation with respect to their EDX London-related activities and that they comply with local regulatory requirements.
EDXLondon's procedures are designed so that for every outstanding Option for which there is a buyer there is a writer of an Option of the same series who has undertaken to perform the writer's obligations in the event that an exercise is assigned to such writer.
London is the biggest market in the world for derivatives traded over-the-counter with 36 per cent of global turnover.
The London Metal Exchange (LME) is the world centre for non-ferrous (non-iron) metal trading, providing the global forum for all those who wish to manage the risk of future price movements in non-ferrous metals.
London is the world's principal centre for a wide variety of maritime industries and rivals centres such as Hong Kong, Singapore, New York and Athens.