Nasdaq Tallinn
Nasdaq Tallinn, also known as the Tallinn Stock Exchange, is the primary stock exchange in Estonia, situated in the capital city of Tallinn. It stands as the only regulated secondary securities market in the country, providing an essential platform for both institutional and private investors to engage in primary and secondary trading.
Background
Originally established as the Tallinn Stock Exchange, Nasdaq Tallinn became a part of the larger Nasdaq group, which operates various stock exchanges across Europe, including Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Vilnius, and others. These exchanges collectively form the Nasdaq Nordic and Baltic regions, enabling cross-border trading and financial cooperation within the European Union.
Trading System
Nasdaq Tallinn utilizes the INET trading system for equity trading, a robust and scalable platform used across all Nasdaq equity markets globally. For trading and primary auctions in fixed-income securities, the exchange employs the Genium INET trading system, a versatile technology shared with other Baltic and Nordic exchanges. This integration ensures seamless and efficient market infrastructure.
Importance to Estonia
Nasdaq Tallinn plays a pivotal role in Estonia's financial ecosystem by providing a channel for local companies to raise capital. It fosters economic growth by facilitating investment opportunities, thus attracting both local and international investors. The exchange has been a cornerstone in promoting transparency and efficiency within the Estonian financial markets.
One notable event in the history of Nasdaq Tallinn is the public listing of the Port of Tallinn, which marked one of the largest initial public offerings (IPOs) in the exchange's history, attracting a significant number of retail investors and highlighting the exchange's capacity to handle large-scale listings.