Tallinn, Estonia, 2018-12-03 09:00 CET (GLOBE NEWSWIRE) --
Nasdaq (NDAQ) announces that Signet Bank has been granted stock exchange membership to participate in trading on the Nasdaq Tallinn and Nasdaq Vilnius markets as of December 1, 2018. Signet Bank became a member of Nasdaq Riga on November 1 and this means that Signet Bank is now a member on all three Baltic exchanges.
Signet Bank is a boutique private bank whose strategy since 2013 has been focused on servicing high-net-worth clients. The bank provides its clients with professional asset management solutions and instruments for preserving and multiplying capital, as well as services for family affairs and business financing.
“We are pleased to welcome Signet Bank as a new member on Nasdaq Tallinn and Vilnius exchanges. A broader membership list means more choices for investors to enter the Baltic securities market,” said Daiga Auziņa-Melalksne, Head of Exchange Services at Nasdaq Baltic.
“The priority of Signet Bank has always been to thoroughly understand our clients’ experience and needs to be able to offer them the best financial solutions. We are pleased, therefore, to obtain Nasdaq Baltic member status, which enables us to improve our range of services,” said Roberts Idelsons, Chairman of the Board at Signet Bank. “With the expansion of the bank’s client base in the domestic market, we are seeing increasing demand for brokerage services with Baltic securities. Therefore becoming an exchange member is a logical step to deliver higher quality and cost-efficient services for our clients.“
Signet Bank will trade on the Nasdaq Baltic market under the trading code SIBA.
Nasdaq (NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. 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 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 4,000 total listings with a market value of $15 trillion. To learn more, visit: business.nasdaq.com.
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius securities markets as well as Nasdaq CSD. Learn more at nasdaqbaltic.com.
MEDIA RELATIONS:
Ott Raidla
Mobiil: +372 5552 4824
ott.raidla@nasdaq.com
Nasdaq Baltic is a common name for exchanges, regulated markets, alternative markets First North operated by Nasdaq companies in the Baltic states, i.e. Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.