Since the month of April Burgundy have continued to quote the tightest spreads (at touch) on the OMXS-30 according to market quality research firm LiquidMetrix. It’s important to keep an eye on this kind of data analysis regularly so one can follow its best execution policy correct.
Half-way through 2012, Burgundy has been busy setting up the first Nordic multiple CCP interoperable clearing service, culminating with the successful launch of our third CCP provider last week. We have also signed new trading participants, mainly from the London community, confirming the trust that we have earned from our Läs mer…
Despite a bad month for equities, we are pleased to announce that as from 28th of June 2012, Burgundy clients will benefit from having a third CCP online to trade Nordic equities. We are the first Nordic exchange to offer full interoperability with the major providers; EMCF, X-Clear and EuroCCP Läs mer…
Handelsbanken have recently launched the new data feed Nordic Light for their retail clients. This data feed enables their clients to get a comprehensive view of the fragmented market. Retail clients can now get the same information as the professionals – this is excellent!! So, what does this new data feed mean?Basically, they Läs mer…
After completing a network improvement last weekend we have reduced the latency on the fastest transactions here at Burgundy. We have seen improvements up to 35% faster and the 100 microseconds barrier has now been broken. We are very pleased with the results of the upgrade and we believe that Läs mer…
While markets have been chaotic lately, the product segment ETF’s, in particular the BULL & BEAR instruments have exploded on Burgundy. As Sweden has a very active retail community, I believe there are two reasons why these products are very popular; – Low cost and accessibility; all banks/online brokers now Läs mer…
Here at Burgundy we have made a survey of the 2010 annual reports of the large cap companies in the Nordics. This report showed out of the 136 companies, 60 percent includes information about the share turnover in the annual reports. Of these, 66 percent only includes the turnover on Läs mer…
Having returned from an unusually cold summer holiday in the south of France, I noticed a couple of things back at work; – For the first time since MIFID 2007, local media have since the beginning of July been reporting regularly intra-day turnover in the market comments including the total lit trading Läs mer…
Burgundy’s volume has kept up with the level from March but Burgundy’s market share in Swedish listed instruments decreased from 4.6 to 2.6 – why?Olof: Burgundy set a new turnover record in March and reached above EUR 110 million and we are happy to see that this level stayed in Läs mer…
In April, Burgundy reached close to 10% of the primary market turnover in Swedish equities – as competition proliferates in the Nordic region, more and more banks and clients are discovering how easy it is to trade on alternative marketplaces such as Burgundy. As for the Nordic market, April was Läs mer…