Swedbank Readies Nordic Markets SOR

Swedbank, one of the MTF's local backers, has decided to extend its use of SunGard's Front Arena trading platform to provide best execution services and manage client operations across the Nordic exchanges and Burgundy, according to officials. The smart order router will go live on May 8 and will initially be connected to Nasdaq OMX Nordic exchanges-where the bank has been sending orders-and to Burgundy, says Claes-Urban Dackberg, head of business enabling at Swedbank Markets. Other European

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