Following its market entry in Sweden, Finland and Norway Boerse Stuttgart subsidiary Nordic Growth Market (NGM) introduces securitised derivatives trading in Denmark on 11 January 2016.

The move allows NGM to offer Danish investors access to alternative asset classes. “Up to now, Danish retail investors wanting to trade securities have been limited to a single stock exchange. That is an exceptional situation within Europe. We know from Finland, Norway and Sweden that investors benefit from competition,” says Tommy Fransson, Deputy CEO at NGM. Initially, NGM will offer a series of products from Commerzbank. “We are currently seeing a trend in Europe, that investors increasingly look for alternative investments other than shares and bonds. We are excited to grow the Danish market further with investment products from Commerzbank. Commerzbank is now the only issuer present in all NGM’s markets”, says Peter Olsson, Country Manager Denmark at Commerzbank in Frankfurt.

Boerse Stuttgart acquired the Swedish exchange Nordic Growth Market in 2008. “NGM’s expansion into Denmark is another milestone in our strategy of opening up the North European market,” explains Ralph Danielski, Managing Director of Boerse Stuttgart GmbH. “The financial markets in Northern Europe are highly developed, and there is a strong culture of retail investment. That is why the Scandinavian market plays a key role in our international business strategy,” he continues.
To date, NGM has introduced securitised derivatives trading in Sweden, Finland and Norway, and the derivatives segment is now well established in the Scandinavian market. “It is clear from the way trading has expanded since 2008 that investors have responded very positively to our service,” points out Ralph Danielski. In 2015 turnover exceeded EUR 12,1 billion for the first time, well above all the previous records set in recent years. In Sweden, turnover was up by over 91 percent, with the result that the total figure was nearly double that of 2014. Furthermore, the volume of customer orders executed by NGM in 2015 rose by over 126 percent to reach almost 2,8 million. In Sweden, NGM now accounts for over 82 percent of all trading in the securitised derivatives market.