Increased volumes

14 Jul 2009

It seems that the trading volume has increased during the last weeks - is that right?
Olof: Yes, we are happy to see that the trading volume has taken another step and the number of trades have reached another level. Our record for a single day so far was last Friday, with 5225 number of trades. That shows us that the activity has increased which is good.

What is the reason for the increased activity?
Olof: The reason behind this increase is mainly that almost all of the trading participants in Sweden now have got their technology in order and that more people out there are getting used to trade at more than one platform.

What instruments are the most popular to trade at Burgundy?
Olof: The instruments that have had the highest volumes over the last weeks have been XACT Bear and Bull, but we have also had a large market share in TeliaSonera.

Talking about market share - how is Burgundy's market share in comparison to the Primary market?
Olof: Since Norway, Denmark and Finland still are in the testing phase, we are looking at Sweden so far and our market share has been around 4 percent during July. That is a number we think is really good, having in mind that we launched just a month ago, and it usually takes time to change behaviour. So when we also have changed the trading behaviour in a broader perspective after the summer - the market share should be even better.

What do you have going on in the other Nordic countries?
Olof: I'm glad that you asked since we will have our really appreciated and interesting seminar in Oslo on 10 September 'How to stay competitive in a fragmented market'. Please read more and register at: http://www.burgundy.se/news/events/oslo. After Oslo we will also have it in Helsinki and Copenhagen.

Do you have any recommendations for the summer?
Olof: I would like you to remember to order CCP functionality in time and make sure to enjoy the beautiful summer weather!

Olof's wor(l)d archive

23 March 2012 Improvement of Burgundy's best prices and spreads
17 February 2012 Nordic bank empower retail clients with Nordic Light!
22 December 2011 Holiday Greetings
26 October 2011 Latency enhancement
28 September 2011 ETF volumes up more than 100%
06 September 2011 Annual Report Survey
08 August 2011 Breakthrough in media reporting
12 July 2011 Listing at Burgundy
04 May 2011 Another milestone passed
28 March 2011 New data centre as from today
03 March 2011 Best execution service through Burgundy and LiquidMetrix
21 January 2011 Going the American way...
23 December 2010 Christmas Greetings
07 October 2010 Finland - the country of the month!
01 September 2010 Where are the SOR's ?
10 August 2010 Traders on the beach
08 July 2010 Consolidation revisited
21 May 2010 Competitive offer in NGM shares at Burgundy!
04 May 2010 Time to include all market data in media reporting!
07 April 2010 5.5 percent market share in OMX S30
10 March 2010 Doubled trading activity at Burgundy
25 February 2010 Xact at Burgundy
19 February 2010 Who pays 5 USD/minute calling Australia?
19 February 2010 Read Veckans Affärer this week!
27 January 2010 Trade records in January
22 December 2009 28% of Nordic equities are now traded outside the stock exchanges...
14 December 2009 50 % trading outside exchanges...
19 November 2009 "MiFID hits main street" says Fidessa
09 November 2009 CCP introduced - attracting international capital
09 November 2009 Bank Market day 12 November, Olof speaks - come!
15 September 2009 Two new trading participants; Erik Penser & UBS!
03 September 2009 Burgundy in Fidessa Fragmentation Index
28 July 2009 4.5% of Primary market
29 June 2009 3.5 % of Primary market
12 June 2009 Launch of Burgundy!
27 May 2009 Event: How to stay competitive in a fragmented market!
22 May 2009 Norwegian shares on
15 May 2009 Danish equities on board
08 May 2009 Burgundy's first day of trading
06 May 2009 Approval by the Swedish FSA
04 May 2009 Preparations to get started