Riga Stock Exchange names Broker of the Year and winner of the thesis competition

06.12.2007 RIG

N.Tocelovska is the first one to receive prize Broker of the Year for the second time. N.Tocelovska was named as Broker of The Year already in 2004.

The main criteria for awarding with Broker of the Year is the evaluation by stock exchange, the clients and peers, the research done on the capital market, and trading statistics. This is why the winner was selected combining the votes by broker community, journalists and the stock exchange experts.

Riga Stock Exchange also awarded the winner of the thesis competition . As the best thesis was named Stockholm School of Economics in Riga student’s thesis “Common Misstatements in the Financial Statements of Latvian Companies”. Thesis competition is organized by all Baltic stock exchanges and it’s purpose is to raise students’ interest about capital market and opportunities it provides.

Special Award for outstanding contribution to the Latvian capital market development this year was not given. Riga Stock Exchange acknowledges that all market participants – investment banks, analytics, members of the stock exchange, journalists and issuers – have worked very well in year 2007. But Stock Exchange also notes that more time is needed to see distinctive results that will enable to highlight one achievement as superior to others.

For more information, please contact:
Aris Dreimanis,
Head of Corporate Communications Department
Riga Stock Exchange
Phone: +371 6721 2431