Preparations to get started

04 May 2009

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 are in a position to take a quantum leap and put the Nordics in the forefront of equity trading technology again. The last time was back in the late eighties when Sweden was the first stock market to abolish floor trading.

Is the trading platform ready or are you still working with it?
Olof: We finalized the testing, which has been going on for over six months, in mid-April. Now we are assisting Vendors, Independent software developers and Trading Participants to certify their applications and get them ready for trading.

Is the surveillance system in place and ready?
Olof: Yes, we have a state-of-the art platform capable of detecting abnormal or suspicious trading activity in real-time, supported by a professional staff.

What are you in person focusing on during the days before pre-launch?
Olof: Mostly supporting our competent and energetic staff, who are working flat out in order to get clients connected in time for our May pre-launch. Everybody is really enthusiastic about the service and we have a big interest from Nordic and European firms.

Olof's wor(l)d archive

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
14 July 2009 Increased volumes
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