During the year the crew here at Burgundy have spent a lot of time educating the Nordic community about the benefits of multi-venue trading. We are very pleased to see that firms are getting the necessary SOR-kit installed and learning how to use it to the benefit of their clients. As fragmentation proliferates in the Nordics, we have now passed the “nice to have” mark in Sweden and are quickly becoming a “must have”. Also – the market sentiment for equities have improved in the last month as bonds seem to have passed their peak and significant reallocations are being made back into equities. For 2011, we here at Burgundy will focus on getting correct information out to investors on a daily basis as well as launching our listing services. We are also looking forward to the MiFID review which we hope will even out the playing field in this respect. Meanwhile, we wish all our clients, partners and suppliers a well-deserved Christmas and Happy New Year.
Olof Neiglick
