The news follows a raft of job announcements last week by other international companies with Danske Bank planning to recruit 600 new staff at its IT centre in Vilnius and SEB Group recruiting another 100 new employees to bring numbers at its service centre to 700.

"We are pleased that Nasdaq's decision to exploit the advantages of our country - an advanced infrastructure, high labour skills and enthusiasm, willingness to learn and develop new fields have proved successful,” said Arminta Saladžienė, Nasdaq Vilnius Services Manager.

“The second stage of development will look for different profiles of IT, financial accounting, securities transactions, economic analysis and advice, investor relations, audit, cyber security and other fields."

Currently Nasdaq’s staff maintain and develop financial markets’ critical IT infrastructure for Nasdaq stock exchanges in Europe, and provide services to listed companies and financial institutions. Nasdaq Lithuania currently has 155 employees.