NASDAQ OMX Riga & Latvian CSD
NASDAQ OMX Riga and Latvian Central Depository are the leading securities market infrastructure operators in Latvia. Through these two enterprises, market participants are provided with an environment for carrying out transactions with securities, clearing and settlement of securities transactions, listing of securities, operating of central public securities register and funded pension fund register.
NASDAQ OMX Riga
NASDAQ OMX Riga is the only regulated secondary securities market in Latvia. Exchange brings together investors, listed companies wishing to gain an access to a host of capital resources and exchange's members, mediating securities transactions of the investors via common electronic trading system.
NASDAQ OMX Riga is a self-regulated organisation, issuing and enforcing its own Rules and Regulations consistent with standard exchange operating procedures.
NASDAQ OMX Riga is licensed and supervised by the Financial Capital Market Commission.
The major owner with 92.98% shares in NASDAQ OMX Riga and Latvian Central Depository is "NASDAQ OMX Nordic, Oy", which is owned by “NASDAQ OMX Group, Inc.”. Other shareholder of the NASDAQ OMX Riga is AS “Rietumu Banka” with 7.02% of shares. The NASDAQ OMX Riga holds 100 % shares in Latvian Central Depository.
Latvian Central Depository
Latvian Central Depository (LCD) is the sole central securities depository in Latvia and administers Latvian publicly issued securities central register. LCD performs safe-custody of securities, clearing and settlement for securities trading and management of corporate actions (payment of dividends and interest), as well as provides other services related to securities.
Structure of shareholders
The NASDAQ OMX Riga is a 100% owner of the Latvian Central Depository.