Vilnius/Riga/Tallinn, Nasdaq Baltic Market, 14 September 2023. Nasdaq (Nasdaq: NDAQ) announces that today Nasdaq Vilnius Stock Exchange turns 30. On 14 September 1993, the symbolic bell of the then National Stock Exchange rang for the first time in Vilnius, marking the first securities trading session in Lithuania. To mark the symbolic anniversary, capital market participants, the founders of the Lithuanian securities market, and executives of the listed companies opened the anniversary trading session at Nasdaq Vilnius with a symbolic ring of the bell, and in a celebratory panel discussion shared their insights about the creation and development of the securities market in Lithuania.
To mark the historic date, the Lithuanian capital market community was greeted by Darius Sadeckas, Vice-Minister of Finance of Lithuania, and Jurgita Šaučiūnienė, Member of the Board of the Bank of Lithuania.
In the anniversary panel discussion “30 years of Nasdaq Vilnius: from Youth to Maturity“, CEOs and senior executives of the listed companies, Lithuanian and international financial institutions and Nasdaq shared insights about the creation and development of the securities market. After the discussion, the participants opened the 30th-anniversary trading session of Nasdaq Vilnius with a symbolic bell ringing.
“Thank you for being a part of the three-decade journey to create and develop the securities market in Lithuania. Together with you, we are growing, maturing, and developing the securities market in Lithuania and the entire Baltic region”, Saulius Malinauskas, President of Nasdaq Vilnius, told the capital market community on the anniversary morning. “We are pleased and proud to be part of the global Nasdaq group and be able to provide the Lithuanian capital market with the most advanced securities trading infrastructure and services. We expect that the role of the stock exchange will continue to evolve and make a significant impact on the future development of the securities market, contributing to the successful implementation of the Lithuanian Capital Market Development Plan and the overall economic progress of the country.”
During the first trading session held on 14 September 1993, investors were able to transact in the shares of 22 public companies; 368 shares were traded during the session and the turnover reached 1,630.5 litas. Currently, investors can trade shares of 74 Baltic companies and 70 bonds. The average daily turnover for the year 2022 was EUR 2.44 million, and the average daily number of transactions in shares was 4,980.
Milestones of the Stock Exchange:
About Nasdaq Vilnius
Nasdaq Vilnius is the only regulated secondary securities market in Lithuania. It maintains a regulated, open and efficient market infrastructure.
The exchange provides companies with an efficient channel to raise capital and facilitate the participation of institutional and private investors in primary offerings and secondary trading.
The exchange brings together investors, listed companies seeking access to capital resources, and exchange members who mediate securities transactions for investors through a common electronic trading system.
Nasdaq Vilnius uses the INET trading system for trading in equities, Nasdaq’s core technology used on all Nasdaq equity markets across the world. For trading and primary auctions in fixed-income securities, Nasdaq Vilnius uses the Genium INET trading system, also used on the Baltic and Nordic exchanges.
Nasdaq Vilnius is licensed and supervised by the Bank of Lithuania.
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn,Twitter @Nasdaq, or at Nasdaq.com.
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com
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