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Definition of norex

Dictionary of Finance and Investment Terms: norex
norex

an alliance of Nordic exchanges acting as a single securities market, using the SAXESS electronic trading system. The alliance was formed in 1998 by the Copenhagen Stock Exchange and the Stockholm Stock Exchange, both of which are now owned by OMX. Today, the alliance includes all the Nordic and Baltic exchanges: the exchanges in Copenhagen, Stockholm, Helsinki, Tallinn, Riga, and Vilnius (all of which are owned by OMX) as well as Oslo Bors and the Iceland Stock Exchange. www.norex.com.

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