Nasdaq Riga Welcomes New Member Signet Bank

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

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Media Relations Contact:
Dace Bulte
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dace dot bulte at nasdaq dot com