How has the summer volumes been?Olof: Coming back from holidays I was surprised to notice the low activity in Nordic equities (including OTC and the MTF’s) – down almost 50% over three months. Even though volume is seasonally low over summer, Läs mer…
As Burgundy now offers trading in Nordic small cap stocks, the lack of consolidated time and sales data to retail investors is more apparent than ever. Surprisingly few end investors seem to be aware that fragmentation in the Nordics is at Läs mer…
I can see that you are trading in NGM-shares now – for how long have you done that?Olof: We started to offer trading in NGM shares in February, which we informed the market of at that time. This is another step Läs mer…
How are you preparing in order to get ready for trading?Olof: Presently, we are very busy setting up the platform together with our Trading Participants, this is a challenging task as multi-venue trading is new to most Nordic firms. We 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 Läs mer…
It seems as you have reached a new higher trading volume level, or is it just temporary?Olof: No, it is correct. During March we have averaged on 5.5 percent market share in OMXS30. What are the reasons behind that?Olof: As Läs mer…
How has the trading activity developed lately? Olof: If you look at the development since December we have seen quite an increase in trading volumes and market shares. The market share in OMX S30 has gone from 1.39% the last Läs mer…
What is happening on the market?Olof: The financial markets in the Nordic countries are changing due to increased competition between exchanges and new trading platforms such as Burgundy. The fragmentation on the market is a fact and Nordic equities are now Läs mer…
Do you have any ideas of interesting web pages or similar that brings up news about the MTF industry?Olof: Fidessa’s Steve Grob, writes really interesting articles about the fragmentation, the last one was ”MiFID hits main street” I definitely think Läs mer…
Any news for this week?Olof: Today we launched trading in five Norwegian shares, StatoilHydro, Yara, REC, Seadrill and Telenor.Were there any trades?Olof: Trading took off almost immediately and we saw action mainly in StatoilHydro which is the most frequently traded stock in Läs mer…