Being a primary dealer in the Netherlands creates synergies with the existing offerings at Nordea Markets and is in line with Nordea’s ambition to be a relevant counter party to the customers.
“We are continuously adapting to regulations and customer demand. The mandate from the Dutch State Treasury Agency is a great match with our long-term strategy of being present in markets with a strong interlink to our home markets and developing our trading operations to support our customer franchise,” says Erik Bo Hansen, Head of Global Trading at Nordea Markets.
During the year, Nordea Markets has changed the set-up of its trading organisation to be even better prepared to meet future business requirements. Among other things Nordea Markets has invested in people and new technologies to meet the demand in the euro rate markets.
“We continue to develop our euro rate franchise, and a new strategy has been defined to widen the platform in the euro government bond area,” says Robert Hartburg-Palmberg, Head of EUR Bond Trading at Nordea Markets.
By becoming a primary dealer in Dutch state loans, Nordea Markets meets a need among many customers to navigate and invest in multiple euro government bond markets when the need and opportunity arise.
“This is a very exciting mandate that will complement our current product offering to our customers and shows our commitment to the fixed income universe,” says Jan Kindberg, Head of Liability Sales, Nordea Markets.