Market Makers

Market makers (liquidity providers) offer extra assurance to investors. Market makers' task is to maintain bid and offer orders of a certain size within a defined price spread on a continuous basis. Investors benefit from reduced liquidity cost and reduced risk through more efficient pricing. Market makers make listed companies more attractive for investors, especially those seeking large-size investments.

Nasdaq Baltic Market has set in two types of market making.
 

Market Making Program

In order to enhance the liquidity and thus attractiveness of the Baltic Market, Nasdaq Baltic has introduced a Market Making Program aimed at having a member company acting as a market maker for several shares listed on Nasdaq Baltic Market. When participating in the program, a member commits to continuously maintain bid and offer orders for the selected shares for an order size of not less than 3000 EUR and with a price spread not larger than 2.5%.
 
The securities that have a Market Maker and the respective members acting as Market Makers under the Market Making Program are:
 
TickerNameMarket Maker
APG1LAprangaSEB Pank, LHV Pank
AVG1LAUGA GroupOrion Securities
ESO1LEnergijos skirstymo operatoriusSEB Pank
GRG1LGrigeoŠiaulių bankas (FBI), Orion Securities
LNA1LLinas Agro GroupŠiaulių bankas (FBI), SEB Pank
MRK1TMerko EhitusSwedbank
OEG1TOlympic Entertainment GroupLHV Pank, SEB Pank, Šiaulių bankas (FBI), Swedbank
OLF1ROlainfarmŠiaulių bankas (FBI)
SFG1TSilvano Fashion GroupSEB Pank
TAL1TTallink GruppŠiaulių bankas (FBI), SEB Pank, Swedbank
TKM1TTallinna Kaubamaja GruppLHV Pank, SEB Pank
TVEATTallinna VesiLHV Pank, SEB Pank
TEL1LTelia LietuvaSEB Pank, Šiaulių bankas (FBI)
VLP1LVilkyškių pieninėOrion Securities
 
You can read more about the Market Making Program and the requirements by clicking here.
 

Regular Market Making

If a member company has taken on the responsibility to be a Market Maker for a certain security, it commits to continuously maintain bid and offer orders for the selected security for an order size of not less than EUR 2000 for shares in Main List, and EUR 1000 for shares in Secondary List and fund units. In addition they have to assure that the price spread (difference between buy and sell prices) is not larger than 4%. 
 
The securities that have a Market Maker and the respective members acting as Market Makers on Nasdaq Baltic Market are:
 
TickerNameMarket Maker
ARC1TArco VaraLHV Pank
EWA1LEast West AgroOrion Securities
NHCBHFFTBaltic Horizon FundSwedbank
FINBALFVINVL Baltic FundŠiaulių bankas (FBI)
FINEEBFVINVL Emerging Europe Bond SubfundŠiaulių bankas (FBI)
FINNETFVINVL EM Europe ex Russia TOP20 SubfundŠiaulių bankas (FBI)
FINRTSFVINVL Russia TOP20 SubfundŠiaulių bankas (FBI)
HMX1RHansaMatrixLHV Pank
INR1LINVL Baltic Real EstateŠiaulių bankas (FBI)
INC1LINVL TechnologyŠiaulių bankas (FBI)
LINDA Linda Nektar LHV Pank
OAMOBBF1LOMX Baltic Benchmark FundOrion Securities
PKG1TPro Kapital GruppŠiaulių bankas (FBI)
OLF1ROlainfarmLHV Pank
 

You can read more about the Market Making and the requirements by clicking here.