All Nasdaq Nordic and Baltic markets remain fully operational
Maintains strong commitment to protect health and safety of employees, clients,
partners
Nasdaq Vilnius, March 23, 2020 - Nasdaq (Nasdaq: NDAQ) today issued the
following statement regarding its Nordic and Baltic market operations as part
of the company's continuity plan in response to the COVID-19 coronavirus:
Markets Remain Open: All Nasdaq Nordic and Baltic equity, fixed income and
derivative markets remain fully operational and open during regular trading
hours. Exchanges play an important role in the economy. In times of uncertainty
and high volatility, it is particularly important to offer a platform for
investors to manage their risks by providing the ability to move in and out of
their positions and for companies to continue to raise capital.
Business Continuity Plan: Nasdaq has a robust framework in place to manage
eventualities related to a number of crisis scenarios, including pandemics.
Critical operations, including trading technology and market surveillance, have
been tested over time to function successfully. Nasdaq is continuously
reviewing its business continuity plans, and augmenting them as needed, to
account for this rapidly evolving situation.
Employee Status: To ensure both employee safety and business continuity, Nasdaq
has implemented and will continue to operate various working models. The
company's staff has been operating across a combination of work-from-home,
split teams, and rotating staff schedules since March 9.
"Nasdaq Vilnius stock exchange is prepared to continue its business as before.
Together with Nasdaq group companies the action plan is devised and being
implemented to ensure uninterrupted business activities", says Saulius
Malinauskas, the President of Nasdaq Vilnius. "We want to emphasize that health
and safety of employees, clients and partners is paramount to Nasdaq Vilnius
and we will continue to ensure for market operations to proceed as usual".
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital
markets and other industries. Our diverse offering of data, analytics, software
and services enables clients to optimize and execute their business vision with
confidence. To learn more about the company, technology solutions and career
opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq
Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more:
nasdaqbaltic.com.
Media Relations Contacts:
Daiva Tauckelaite
+37062055127
daiva.tauckelaite@nasdaq.com© 2020 GlobeNewswire
