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Tallinn Stock Exchange (NASDAQ Tallinn)
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Tallinn Stock Exchange (NASDAQ Tallinn)

by Claudia B. MeyerMay 22, 2017
Overview
Founded

1994

Headquarters

Tallinn, Estonia

Website

http://www.nasdaqbaltic.com/en/exchange-information/about-us/nasdaq-omx-tallinn-3/

Tallinn Stock Exchange (NASDAQ Tallinn)

The Nasdaq Tallinn Stock Exchange is a stock exchange operating in Tallinn, Estonia. Nasdaq Tallinn is the only regulated secondary securities market in Estonia. The major stock market index is OMX Tallinn, formerly known as TALSE.

The foundation of Estonian Central Securities Depository in 1994 created the basis for the development of the secondary market based on electronic trading system. This was realized with the founding of the Tallinn Stock Exchange in April 1995 by 10 commercial banks, 9 brokerage firms and state players (Hüvitusfond, Bank of Estonia, and Ministry of Finance), equal holding of each of them. Licensed by the Ministry of Finance, Tallinn Stock Exchange opened for trading on May 31, 1996 with 11 securities listed.

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Claudia B. Meyer

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