Nasdaq (Nasdaq: NDAQ) announced changes in the leadership within its Nordic and Baltic Fixed Income and Post-trade offerings as of February 15.

Indars Ascuks, currently Head of Baltic Product Development and Chairman of the Management Board of the Latvian CSD, is promoted to the Head of Nasdaq Baltic Market. During his 15 years in the company, Indars has served in various positions in the Baltic exchanges and CSDs.

"I am grateful for the new responsibilities given to me," says Indars Aščuks. "We at Nasdaq Baltic are strong believers that effective and efficient capital market is fundamental for our economies to grow. Standing in the center position of the whole ecosystem we are committed to further expand stock exchange and CSD services for the benefit of our current and future listed companies, investors and all customers."

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of .1 trillion and nearly 18,000 corporate clients.