Danske Bank has joined European trading platform BondVision as a dealer, bringing the number of liquidity providers on the system to 25.
BondVision says the addition of Danske Bank - which is the first Nordic dealer on the system - signals its strategy to expand into the Nordic markets and to introduce the trading of non-euro denominated securities.
Steen Blaafalk, executive vice president, Danske Bank, says the bank is confident it can contribute to the expansion of the platform in Scandinavia: "BondVision represents a strategic and cost effective e-trading tool for our clients, improving their trading and post-trading activity."
By adding new functions, products and dealers to the platform, BondVision says its client base has grown by 110 per cent in the past year.