Tallinn/Riga/Vilnius, Nasdaq Baltic Market, November 30, 2016 – Nasdaq (Nasdaq: NDAQ) announces that Swedbank AB (Sweden) has been granted the membership for participation in trading on the Nasdaq Baltic Market as of December 1, 2016. Swedbank has applied for membership on regulated Equity market and on First North markets in all three Nasdaq Baltic stock exchanges: Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius.
Swedbank AS (Estonia), Swedbank AS (Latvia) are already pan-Baltic members and Swedbank AB (Lithuania) is the member of Nasdaq Vilnius. Stockholm-based Swedbank becomes the 4th entity from the Swedbank’s group to join Nasdaq Baltic and becomes the 19 th pan-Baltic member and the 26 th member altogether.
Established in the beginning of the 19th century, today Swedbank is a modern Swedish bank with 7.2 million private customers and 600,000 corporate customers and with a leading position in Estonia, Latvia and Lithuania. For more information: https://www.swedbank.se/ .
“We are excited to welcome Swedbank Sweden to the Nasdaq Baltic members’ family and believe that this decision will benefit the market development. Swedbank’s clients will attain new investment opportunities and the Baltic listed companies will get more exposure in the Nordics,” said Daiga Auziņa-Melalksne, Head of Exchange Services at Nasdaq Baltic. “We look forward to supporting our new member.”
Swedbank will trade under the member code SWB.
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Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB, Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic Market represents the common offering by Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius. Read more: nasdaqbaltic.com
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Audrone Ranonyte +370 5 253 1475 audrone.ranonyte@nasdaq.com
