3.5 % of Primary market

It is two weeks since you launched - how is the trading developing? 
Olof: As our trading participants are becoming more and more ready, turnover and number of trade hit a record, Friday 26 June, of 31.5 million € and 1357 number of trades in Swedish shares, about 3.5 percent of the Primary market.  Market share has been particularly strong in the ETF products and a couple of mid-cap shares with 15-20%.

It seems as it is slower in the other countries, why?
Olof: We can still see that participants are struggling with tuning their solutions and processes in Denmark, Finland and Norway, which means that trading is still at testing levels in these market. We will coordinate the step-up of trading in close consultation with participants during the summer.

So far there are only owners that are trading participants, how is the interest from parties?
Olof: In the last two weeks, I have been in London and Amsterdam to pitch our offering. I am quite surprised how fast the rumours of Burgundy has spread around in the industry and we get very good feedback from both pure trading firms as well as brokers/DMA providers. We have several prospects who are now reviewing their implementation pipelines and our technical specifications for connecting during the fall when our CCP solution with EMCF is in place.

When will we get some more trading statistics?
Olof: Next week we will report the first monthly turnover statistics on this site – stay tuned for that!

It seems as the market was a bit slow last week - are summer-volumes here?
Olof: Looking at the turnover on the primary exchange which were unusually low last week, it seems that the market has taken an early holiday, but those who have been in the game for some years, know that this can change overnight.

Would you like to say anything else?
Olof: Happy trading!