Nasdaq Riga Welcomes New Member Signet Bank

31.10.2018 RIG, TLN, VLN

Riga/Tallinn/Vilnius, Nasdaq Baltic Market, October 31, 2018 – Nasdaq (NDAQ) announces that Signet Bank has been granted stock exchange membership to participate in trading on the Nasdaq Riga market as of November 1, 2018.

Signet Bank is a boutique private bank whose strategy since 2013 has 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. For more information, please visit https://www.signetbank.com

“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 Riga 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 Latvian securities. Therefore becoming an exchange member is a logical step to deliver higher quality and cost-efficient services for our clients.”

“We are pleased to welcome Signet Bank as a new Nasdaq Riga exchange member. A broader membership list means more choices for investors to enter the Latvian securities market,” said Daiga Auziņa-Melalksne, Head of Exchange Services at Nasdaq Baltic and CEO of Nasdaq Riga.

Signet Bank will trade on the Nasdaq Riga market under the trading code SIBA.

The complete list of Nasdaq Riga exchange members is available on the Nasdaq Baltic website: nasdaqbaltic.com

About Nasdaq 
Nasdaq (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 100 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to more than 4,000 total listings with a market value of over $14 trillion. To learn more, visit: http://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. To learn more, visit: 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:
Dace Bulte
+371 67 212 431
dace.bulte@nasdaq.com