Nasdaq Baltic

Nasdaq Baltic is the regional brand for Nasdaq’s capital-market infrastructure in Estonia, Latvia and Lithuania. It brings together the Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius stock exchanges and Nasdaq CSD under a shared Baltic-market framework. Its services span the securities-market value chain, including listing, trading, market information, clearing, settlement and securities safekeeping. The group’s stated purpose is to provide a regulated marketplace where companies can raise capital and investors can trade and settle financial products across the three countries. The exchanges serve issuers, investors and exchange members. Securities available through the Baltic markets include shares, bonds and funds; the market also includes Nasdaq First North, an alternative market for shares and bonds. Nasdaq Baltic provides market information and statistics, indexes, issuer information, public-offering information, investor calendars and market-regulation materials. Nasdaq Riga describes itself as Latvia’s only regulated secondary securities market and says that it is licensed and supervised by the Bank of Latvia. Nasdaq Baltic’s operating model emphasizes shared infrastructure across the region, including common technology, a shared market model, joint membership and common information distribution. Nasdaq says this approach is intended to make the Baltic market more accessible to domestic and international investors and to companies seeking a listing. The Riga exchange uses Nasdaq’s INET trading system for equities and Nasdaq’s Fixed Income Trading System for fixed-income securities and primary auctions. The Baltic exchanges are part of Nasdaq, Inc. and Nasdaq Nordic. The supplied evidence describes Nasdaq Riga’s ownership separately: Nasdaq Nordic holds 92.98%, and AS Rietumu Banka holds 7.02%. Offices listed on Nasdaq Baltic’s contact page are in Tallinn, Riga and Vilnius. The evidence does not establish a single headquarters, founding year or founder for the regional Nasdaq Baltic brand. The platform is active, with its site presenting exchange information, market services and public offerings.

The historical record supplied for Nasdaq Baltic describes the gradual development of a shared securities-market framework for Estonia, Latvia and Lithuania. On 3 January 2000, the Baltic exchanges launched a first list containing 13 leading public companies listed on the region’s exchanges. On 1 July 2004, a Baltic list was established for shares in the main lists of the three exchanges, creating a common regional listing grouping. In 2007, Nasdaq, Inc. acquired the OMX group, bringing the Baltic exchange business into Nasdaq ownership; the Estonian-language account says the exchange was then named Nasdaq Balti. The present Nasdaq Baltic identity sits within Nasdaq’s wider Nordic and global exchange organization. Nasdaq’s description emphasizes shared infrastructure across the three national exchanges, including common technology, a shared market model, joint membership and common information distribution. A significant technology milestone followed on 8 February 2010, when the INET trading system was launched for securities markets in Tallinn, Riga and Vilnius, as well as in Copenhagen, Helsinki, Reykjavik and Stockholm. Nasdaq Riga’s current description identifies INET as Nasdaq’s core technology for equity trading across Nasdaq equity markets. For fixed-income securities and primary auctions, Nasdaq Riga reports using Nasdaq’s Fixed Income Trading System, also used on Baltic and Nordic exchanges. On 1 January 2014, the euro became the common currency of the Baltic securities market, coinciding with Latvia becoming the euro area’s eighteenth member. The shared currency supported a more integrated regional market framework. Another structural change took place on 18 September 2017, when the central securities depositories of Estonia, Latvia and Lithuania merged into Nasdaq CSD Societas Europaea, commonly called Nasdaq CSD. The supplied Estonian-language account describes it as the first central securities depository in the European Union to bring its operations into compliance with the Central Securities Depositories Regulation. Nasdaq Baltic now describes its scope as the operation of the three national stock exchanges and Nasdaq CSD under one Baltic roof, providing infrastructure from listing and trading through market data, clearing, settlement and securities safekeeping. Its markets cover shares, bonds and funds, and include the First North alternative market. Nasdaq Riga’s site describes it as Latvia’s only regulated secondary securities market and states that it is licensed and supervised by the Bank of Latvia. The supplied evidence identifies Nasdaq Baltic as part of Nasdaq, Inc.; for Nasdaq Riga specifically, it reports 92.98% ownership by Nasdaq Nordic and 7.02% by AS Rietumu Banka. The evidence does not specify a founding date or founder for the regional brand.

• First Baltic exchange list launched

• Common Baltic list established

• Nasdaq acquires OMX group

• INET trading system launched in Baltic and Nordic markets

• Euro becomes common currency for the Baltic securities market

• Baltic central securities depositories merge into Nasdaq CSD

A regulated, integrated regional marketplace and capital-market infrastructure provider connecting Estonia, Latvia and Lithuania, backed by Nasdaq technology and standards.

• Nasdaq Tallinn

  The Estonian stock-exchange operation within Nasdaq Baltic.

• Nasdaq Riga

  The Latvian regulated secondary securities market within Nasdaq Baltic.

• Nasdaq Vilnius

  The Lithuanian stock-exchange operation within Nasdaq Baltic.

• Nasdaq CSD

  The regional central securities depository formed through the 2017 merger of the three Baltic depositories.

• Nasdaq First North

  An alternative market on which shares and bonds are traded.

• Shared Baltic-market infrastructureOther

• Shared currency for the Baltic securities marketOther

1. 1About – Nasdaq Balticnasdaqbaltic.com
2. 2Contacts – Nasdaq Balticnasdaqbaltic.com
3. 3Nasdaq Riga – Nasdaq Balticnasdaqbaltic.com
4. 4Nasdaq Baltic Stock Exchanges Home Pagenasdaqbaltic.com
5. 5Nasdaq Balti börset.wikipedia.org
6. 6Nasdaq OMX Balticwikidata.org