Nasdaq Nordic Foundation


Nasdaq Nordic Foundation was founded in 2005 to support the financial markets through scientific research. The Foundation's mission is to promote scientific research and other initiatives related to the financial markets in Finland, Denmark and Sweden, with the goal of increasing competence and competitiveness for the financial markets within these countries. 


Nasdaq Nordic Foundation's Grant Program for 2021 is now closed.

Information about Grant Program for 2022 will be announced in March/April 2022.



Board of Directors

Nasdaq Nordic Foundation has a Board of Directors that are responsible for the administration of the Foundation in accordance with its objective. The Nasdaq Nordic Foundation Board has seven members appointed by the Board of Directors of the holding company Nasdaq Nordic Ltd. Three of these directors shall have extensive academic experience within the field of financial markets.

  • Jimmy Kvarnström, Chairman, is the Deputy General Counsel Europe, as well as Head of European Surveillance and Legal/Regulatory teams.
  • Adam Kostyál is the Senior Vice President of Nasdaq's Listing Services in Europe.
  • Henrik Husman is the President of Nasdaq Helsinki and Vice President Cash Equities Products.
  • Vesa Puttonen is the Professor of Finance at Aalto University School of Business.
  • Jonas Niemeyer is a senior adviser at the Financial Stability Department at Sveriges Riksbank.
  • Nikolaj Kosakewitsch is the President of Nasdaq Copenhagen and Vice President European Equity and Derivatives Sales. 
  • Jesper Lau Hansen worked as lawyer in Copenhagen until he left for academia. In 2003, he was appointed as a Professor of Financial Market Law and is currently serving as the head of the research centre FOCOFIMA at the University of Copenhagen.

Resource Center


Nasdaq Stockholm AB, Nasdaq Copenhagen A/S and Nasdaq Helsinki Oy are operating marketplaces in Sweden, Denmark and Finland. Admitted companies and members must comply with the rules adopted by the Nasdaq Exchanges. A Disciplinary Committee may resolve to fine the member or admitted company in case of a breach by the member or admitted company of the Exchange rules. The paid fine is transferred to the Nasdaq Nordic Foundation for the promotion of the Foundation’s objectives.