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Equiduct extends coverage to Nordics

22 November 2012  |  2052 views  |  0 Source: Equiduct

Equiduct, the pan-European Regulated Market with a premium Best Execution service, today announced that as of 23rd November they will be extending their European stock coverage to include instruments from the Nordic regions of Denmark, Finland and Sweden.

"Increasing client demand and Equiduct's continued growth, especially in the European retail trading sector, meant that extension of our stock coverage into the Nordic regions was the next logical decision." Peter Randall, Equiduct CEO.

Following strong growth in 2011 Equiduct has continued to grow throughout 2012 with an increase of 56% in its monthly turnover between January and October. Turnover between the second and third quarter increased by 26% to €9.8 billion.

Equiduct's central limit order book, the HybridBook, adopts a maker-taker fee structure that charges participants an aggressive fee of 0.2 Bps, while posting liquidity is free. The HybridBook uniquely merges institutional and retail flow allowing participant orders and market maker quotes to compete seamlessly alongside each other 

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