NASDAQ OMX introduces listing and trading service for investment funds in the Baltic Market


The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announced that as of today the three
NASDAQ OMX Baltic stock exchanges will provide new services for existing and
newly created investment funds in the Baltic countries. The new market segment
and new Baltic Funds list were launched in order to enable investment funds to
become listed and traded on these stock exchanges. The new market segments are
available in Tallinn, Riga and Vilnius. 

“The offering to list and trade investment units and investment funds on stock
exchanges is now open in the Baltic countries. By offering this service, we
expect to widen the choice of financial instruments available for investors on
the Baltic stock exchanges outside of common shares and bonds. Accordingly, we
are providing opportunities for investment funds to access a wider investor
community, including foreign investors.  Our experience with the OMX Nordic
Exchange and with the NASDAQ OMX U.S. market for ETFs shows very high interest
in such instruments,” commented Henrik Elfving, NASDAQ OMX Vice President and
Head of the Baltic Markets. 

All necessary infrastructure for the functioning of the newly created market
segment, including rules, the trading system, and the web page are in place.
Trading, clearing and settlement will be handled in a manner identical to
equity trading. 

Listing fund units on the stock exchange can address both investment funds' and
investors' needs. The private investor can trade investment fund units within
the trading day, and an exchange listing ensures that the trading terms are
transparent and trades are settled in accordance with the principles and rules
applicable to listed securities. This type of investment is easily available to
both local and foreign investors and it provides fund companies with a wider
distribution channel. Market data covering the Baltic Fund list will be
available on the NASDAQ OMX Baltic Market website. All public information about
the funds will be also displayed within the Baltic Fund Center, where investors
can find information on the net asset values, trading history, period reports
and corporate information announcements. 

Trading funds on exchanges has become increasingly popular in the last decade.
The Nordic Exchange offers different listing and trading services for fund
products, and in Denmark, there is a long tradition of trading and listing
investment funds on the exchange. More than 500 investment funds are listed on
NASDAQ OMX Copenhagen, with a total daily turnover of approximately EUR 160
million and 6000 trades per day, approximately one-third of all fund trading.
In Sweden and Finland, the Nordic Exchange offers listing and trading for nine
Exchange Traded Funds (ETFs). 


About The NASDAQ OMX Group, Inc
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
and with over 3,900 companies, it is number one in worldwide listings among
major markets. NASDAQ OMX offers multiple capital raising solutions to
companies around the globe, including its U.S. listings market; the OMX Nordic
Exchange, including First North; and the 144A PORTAL Market.  The company
offers trading across multiple asset classes including equities, derivatives,
debt, commodities, structured products and ETFs. NASDAQ OMX technology supports
the operations of over 70 exchanges, clearing organizations and central
securities depositories in more than 50 countries. OMX Nordic Exchange is not a
legal entity but describes the common offering from Nasdaq OMX exchanges in
Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more
information about NASDAQ OMX, visit www.nasdaqomx.com. 



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CONTACTS:  

The NASDAQ OMX Group, Inc.

Media Contacts:
Tex Vertmann, Communications Manager 
Tallinn Stock Exchange +372 640 8862

Āris Dreimanis, Head of Corporate Communications
Riga Stock Exchange +371 67 212431

Gintare Blazyte, Communication Manager
Vilnius Stock Exchange +370 5 272 3458
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