Posts tagged as CSD system

Iceland joins Baltic unified CSD system

Tuesday, May 26, 2020

Trading platform Nasdaq on May 25 announced the merger of Nasdaq CSD Iceland (CSD standing for Central Securities Depository) with Nasdaq CSD SE, which covers the Baltic states. The combined company, Nasdaq CSD SE, will operate in Latvia, Estonia, Lithuania and Iceland. Migration of the securities settlement platform in Icelandic markets is scheduled to be fully implemented on June 15. Indars Aščuks, the Latvian CEO of Nasdaq CSD continues as CEO of…