Nasdaq Baltic Welcomes Swedbank AB (Sweden) as a New Member


 

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 19th pan-Baltic member and the 26th 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.

 

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq 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 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,700 listed companies with a market value of $9.3 trillion and over 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
 

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

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

 

Media Relations Contact

Audrone Ranonyte
+370 5 253 1475
audrone.ranonyte@nasdaq.com