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Nasdaq OMX Baltic exchanges renamed

14 January 2009  |  2131 views  |  0 Source: Nasdaq OMX

The Nasdaq OMX Group (Nasdaq:NDAQ) today announces that the Nasdaq OMX Baltic stock exchanges in Tallinn, Riga and Vilnius are rebranded as Nasdaq OMX Tallinn, Nasdaq OMX Riga and Nasdaq OMX Vilnius and the names of the legal entities are changed accordingly.

This move is a natural step forward in the continuing integration of the NASDAQ OMX Group (Nasdaq:NDAQ), the world's largest exchange company, that was created in 2008.

"The new names clearly reflect the Baltic stock exchanges as a part of the NASDAQ OMX Group and enable us to better deliver the benefits of the strong global brand to our issuers and members. Through direct association with NASDAQ OMX the Baltic market will become more visible to the investors around the world. In the long term perspective, the Baltic Market will benefit from the increased efficiency and liquidity that the merger brings to all of its markets. We are also able to offer new services and products to members, investors and issuers," says Henrik Elfving, NASDAQ OMX Vice President and Head of the Baltic Market.

The NASDAQ OMX Baltic stock exchanges are taking active steps to further develop the Baltic Market including extended trading hours, integrating the trading system and expanding the market offering to new customer groups.
Until this change the Baltic stock exchanges were known under the names Tallinn stock exchange, Riga stock exchange and Vilnius stock exchange.


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