Burgundy (Stock market)
Encyclopedia
Burgundy is an exchange that operates a regulated market and a multilateral trading facility Multilateral Trading Facility
Multilateral Trading Facility
A Multilateral Trading Facility is a specific type of European financial trading system. The concept was introduced within the Markets in Financial Instruments Directive , a European financial law, and describes a trading venue that brings together buyers and sellers in a non-discretionary way...

 (MTF) and is authorized and regulated by the Swedish Financial Supervisory Authority. Burgundy focuses on the Nordic
Nordic countries
The Nordic countries make up a region in Northern Europe and the North Atlantic which consists of Denmark, Finland, Iceland, Norway and Sweden and their associated territories, the Faroe Islands, Greenland and Åland...

 markets and opened on June 12, 2009 for trading. Burgundy offers a high-performance and cost-efficient securities trading service with trading in more than 1,000 Swedish, Norwegian, Finnish and Danish instruments. The offer also includes a listing and trading service for warrants, certificates, ETFs and structured products.

Burgundy's office is located in Stockholm
Stockholm
Stockholm is the capital and the largest city of Sweden and constitutes the most populated urban area in Scandinavia. Stockholm is the most populous city in Sweden, with a population of 851,155 in the municipality , 1.37 million in the urban area , and around 2.1 million in the metropolitan area...

, Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

.

Consortium

Leading Nordic banks and securities trading firms are shareholders of Burgundy. Retail or institutional investors can trade on Burgundy via one of Burgundy’s trading participants Burgundy AB is incorporated in Sweden.

Owners

Burgundy is owned by 13 major banks and investment firms in the Nordic region.
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