Tallinn/Riga/Vilnius, Baltic Market, September 11, 2013 – The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ ) announces that as of September 11, four investment funds managed by UAB Finasta Asset Management start trading on the NASDAQ OMX Baltic Fund List.
Prospectuses of newly listed funds as well as rules and financial reports can be found at AB bankas Finasta and on the NASDAQ OMX Baltic website.
„We welcome Finasta’s move to provide potential investors with an opportunity to buy and sell shares of four investment funds via exchange and are excited about the increasing choice of financial instruments on the NASDAQ OMX Baltic Market,” said Daiga Auzi?a-Melalksne, Head of Exchange Services at NASDAQ OMX Baltic Market. “Finasta will also act as a market maker to support liquidity of these instruments. ” According to D. Auzi?a-Melalksne, the Baltic Market is noting a positive trend in listings, and it reflects the broader trend throughout the European and global capital markets.
“We believe that our decision to list the funds on the Baltic Market will increase the attractiveness of our funds among investors as no distribution fee is charged when funds are purchased on the exchange. With this step forward we also open new opportunities for the Baltic investors in the equity and fixed income markets of Russia and Emerging Europe,” stated Tomas Krakauskas, Deputy General Manager of Finasta Asset Management.
Finasta New Europe TOP20 Subfund under ticker FINNETFV, Finasta Russia TOP20 Subfund under ticker FINRTSFV, Finasta Emerging Europe Bond Subfund under ticker FINEEBFV and Finasta Baltic Fund under ticker FINBALFV are admitted to trading on the Fund List of NASDAQ OMX Vilnius.
As of September 11, 12 investment funds are listed on the Baltic Market. In total, shares of 79 companies are listed on the Baltic regulated market and 3 companies are admitted to trading on the Baltic alternative market First North. 44 Government and Central/European Banks bonds, 26 corporate bonds and 5 structured bonds are listed on the Baltic Bond List.
About AB bank Finasta
Established in 2008 AB bank Finasta specializes in investment and private banking services. The bank provides a range of investment, financial management and corporate finance services to private and corporate clients and offers tailor-made corporate lending solutions. International finance market magazine Euromoney in its annual Private Banking and Wealth Management Survey 2013 rated Finasta as the best provider of private banking services in Lithuania. Finasta also scored number one for equity and fixed income portfolio management.
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth more than $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com . Follow us on Facebook ( www.facebook.com/NASDAQ ) and Twitter ( www.twitter.com/nasdaqomx ). (Symbol: NDAQ and member of S&P 500)
NASDAQ OMX Baltic is a common name for exchanges, regulated markets, alternative First North markets operated by NASDAQ OMX companies in the Baltic States, i.e. NASDAQ OMX Tallinn AS, NASDAQ OMX Riga A/S and AB NASDAQ OMX Vilnius.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. NASDAQ OMX cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements about our capital return initiatives. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX’s control. These factors include, but are not limited to, NASDAQ OMX’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in NASDAQ OMX’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on NASDAQ OMX’s website at http://www.nasdaqomx.com and the SEC’s website at www.sec.gov. NASDAQ OMX undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Media Relations Contact: Audron? Ranonyt? +370 (5) 272 3458 audrone.ranonyte@nasdaqomx.com
