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As of Monday, April 2, Parex Banka will become the first Baltic member of the Stockholm and Helsinki Stock Exchanges. They will thereby gain trading access to the Swedish and Finnish equity markets.
Parex Banka is already a member of the Nordic Exchange in Tallinn, Riga and Vilnius. The membership will be expanded further to include trading in Copenhagen shortly.
”We are very happy to welcome Parex Banka as a member of OMX Nordic Exchange in Stockholm and Helsinki. The expanded membership gives Parex Banka an excellent opportunity to offer their customers easy and direct access to trading on the Nordic Exchange”, says Jukka Ruuska, President OMX Nordic Exchange.
Parex Banka offers integrated client services including lending, payment card services, leasing, asset management and securities brokerage. Parex Banka was founded in 1992 as one of the first commercial banks in Latvia.
The Nordic Exchange has 159 members in 13 different countries.
About OMX
OMX is a leading expert in the exchange industry. Through the Nordic Exchange, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. The Nordic Exchange is a term used for marketing purposes and is not a legal entity. It describes the common offering from the Helsinki Stock Exchange, Copenhagen Stock Exchange, Stockholm Stock Exchange, Iceland Stock Exchange, Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange. OMX integrated technology solutions cross the transaction chain enabling efficient securities transactions for over 60 exchange organizations in more than 50 countries. OMX is a Nordic Large Cap company in the Financial sector on the OMX Nordic Exchange. For more information, please visit www.omxgroup.com.
