In order to further integrate the Baltic securities market, the stock exchanges in Tallinn, Riga and Vilnius will introduce joint OMX Baltic Membership as of January 1, 2007. Enhancement of the current exchange membership concept aims at facilitating access to Baltic securities markets and increasing attractiveness of the region.
Joint OMX Baltic Membership is an opportunity for a member operating on one Baltic exchange to also trade on the other two Baltic exchanges and introduces a single point of entry. The new structure will provide an easier membership application procedure, simplified reporting to the Financial Supervisory Authority, and the use of a harmonized Guarantee Fund across all three markets.
Currently the Baltic exchanges have a total of 40 members.
Source: OMX
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