Pan-Nordic multilateral trading facility Burgundy has approved investment bank Nomura as a trading participant on its platform.
From tomorrow, Nomura will join UBS as the only other non-Nordic participant on Burgundy.
Burgundy, which completed its stock rollout in June, commanded a 0.12% share of pan-European trading in the week ending 23 October, including a 2.18% share of Swedish blue chip stocks, according to the Fidessa Fragmentation Index, a weekly on-order book analysis of where European trading occurs.