23 August 2017
visit www.avoka.com

Burgundy applies for exchange status

19 May 2010  |  2437 views  |  0 Source: Burgundy

Burgundy applies for authorization to operate a regulated market as an exchange for listing and trading of warrants, certificates, exchange traded funds (ETFs) and structured products. An application was filed with Finansinspektionen (the Swedish Financial Supervisory Authority) today.

"Our customers would like Burgundy to offer a listing and trading service for warrants, certificates, ETFs and structured products. In order to fully support this and satisfy our customers request to list their products on a regulated market, Burgundy applies to become an exchange," says Olof Neiglick, CEO of Burgundy.

Currently, Burgundy has a regulatory approval to operate a multilateral trading facility (MTF). Since June 2009, Burgundy has been offering trading in securities listed on Oslo Børs and Nasdaqomx' exchanges in Sweden, Finland and Denmark. Burgundy also offers trading in securities listed on NGM Equity, NGM Nordic MTF and Aktietorget. Burgundy will continue to offer trading in these instruments on its MTF as today.

There are no plans to offer a listing service in shares.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12888 views comments | 27 tweets | 23 linkedin
Rabobank constructs physical model to understand IT architectureRabobank constructs physical model to unde...
12219 views comments | 25 tweets | 63 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11538 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10723 views comments | 21 tweets | 35 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10653 views comments | 10 tweets | 8 linkedin

Featured job

Find your next job