Euro Becomes the Single Currency on NASDAQ OMX Baltic Market

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| Source: NASDAQ OMX Tallinn
multilang-release

Tallinn/Riga/Vilnius, Baltic Market, January 2, 2014 – The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announces that euro becomes the single trading and clearing currency for shares listed on NASDAQ OMX Baltic Market. NASDAQ OMX Riga and the Latvian Central Depository successfully introduced trading and clearing in euro for the Latvian securities on January 1 when Latvia became the 18th member of the Eurozone.

“With Latvia joining the euro zone, a long term goal of having the single trading and settlement currency on the NASDAQ OMX Baltic Market has been achieved,” says Arminta Saladziene, Head of NASDAQ OMX Baltic Market. “It is another major step towards integration of the Baltic Market, making the region more accessible and attractive to international and local investors.”

The single currency makes the Baltic Market offering more investment friendly, cost efficient, and convenient  to market participants and investors, alongside with its other core features - the common leading global trading systems INET and GENIUM INET, Baltic membership, a harmonized market model and trading rules as well as pan-Baltic settlement links.

“Changeover to the euro in Latvia will benefit the country and our capital markets,” says Daiga Auziņa-Melalksne, Head of Exchange Services at NASDAQ OMX Baltic Market. “The currency of the euro area which has a strong international presence and is widely accepted on the global financial markets will decrease costs for cross border investments and is expected to make the Baltic Market more resilient and efficient, which will benefit all market participants.”

Estonian securities are traded in euro since 2002 and cleared since 2011 when Estonia joined the euro zone. Euro trading, clearing and settlement of the Lithuanian equities were introduced in 2010. Lithuania is aiming to adopt euro as its national currency in 2015.

Read more: http://www.nasdaqomxbaltic.com/en/news/about-changeover-to-euro/


About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.

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:

Audronė Ranonytė
+370 (5) 272 34 58           
audrone.ranonyte@nasdaqomx.com