Operations (post trade)

IMPORTANT NOTICE

Nordea’s Legal Structure will be changed per 1st October 2018.

As a result the Standard Settlement Instructions (SSI) for settlement of FX, Derivatives and Nordea Markets Securities towards Nordea Bank Abp are changed for some currencies/markets.

Here you find the latest version of the Standard Settlement Instructions for Nordea Bank Abp

FX-/ MM & Derivatives Payments and Commercial Payments SSI

Securities SSI for Nordea Bank Abp Markets

You will find the Securities SSI for Nordea Bank AB Markets below and it is valid until 30th September 2018.

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Capital Markets Services provides excellence in post trade services and support related to all product types traded within Nordea Markets.

Operations is the back office contact point for all private and corporate customers securing timely and professional execution of services including trade settlement, corporate actions, confirmation matching and all reconciliation services related to these areas. We cater for solutions that increase settlement efficiency and reduce risk.

In order to specialize and provide efficient service, activities are split between Customer Operations and Securities Operations, according to products.

Customer Operations and Securities Operations are both based in Copenhagen, Helsinki, Oslo and Stockholm. We have more than 150 experts with long experience that can answer questions and solve problems. We can also provide expertise and assistance in process related matters.

The areas we cover

For SSI’s for Securities Operations, please use the SSI corresponding to the Nordea legal entity that the trading is done with.

 

Services

Settlement

We handle trades settled over Nordea accounts and trades settled over accounts with other banks. We offer a wide range of services:

  • For FX and Derivatives trades we offer the service to debit your account with another bank directly.
  • Solutions so you can settle your trades net or gross – for some products according to the market standards, and for some products according to your preferences.
  • Operate on a Nordic level with common infrastructure that allow us to settle cross border.
  • We provide you with the opportunity to become a CLS 3rd party member via Nordea, as we are Settlement Member of CLS (Continuous Linked Settlement) which is an FX settlement system based on payment-versus-payment that eliminates counterparty risk and minimises operational risk.

Confirmations

By using electronic confirmations the matching process will be more efficient and the operational risk lower. We connect to several confirmation matching systems through which we can offer to send our confirmations to you.

  • Nordea match confirmations in CLS/Misys/CMS, Triana Harmony (for FX), FXAll, etc.
  • If you sign a consent agreement all confirmations can be received by email. Regulatory requirements require faster exchange of confirmations – signing up for email confirmations will improve this process.
  • Confirmations can also be received by SWIFT, fax or regular mail.

Customer Operations maintain your static data and settlement information

  • Account and Standard Settlement Instructions.
  • Address or name.
  • Fax, mail or BIC (SWIFT-address).

For SSI’s for Securities Operations, please use the SSI corresponding to the Nordea legal entity that the trading is done with.

Nordea Markets Security SSI

Securities SSI for Nordea Bank AB Markets

Standard settlement instructions (SSI):

Securities Nordea, DK Nordea Bank Danmark, filial af Nordea Bank AB (publ)
Sec. Equity Finance, SE Nordea Bank AB (publ), Equity Finance

The information provided within this website is intended for background information only. The views and other information provided herein are the current views of Nordea Markets as of the date of publication and are subject to change without notice. The information provided within this website is not an exhaustive description of the described product or the risks related to it, and it should not be relied on as such, nor is it a substitute for the judgement of the recipient.

The information provided within this website is not intended to constitute and does not constitute investment advice nor is the information intended as an offer or solicitation for the purchase or sale of any financial instrument. The information provided within this website has no regard to the specific investment objectives, the financial situation or particular needs of any particular recipient. Relevant and specific professional advice should always be obtained before making any investment or credit decision. It is important to note that past performance is not indicative of future results.

Nordea Markets is not and does not purport to be an adviser as to legal, taxation, accounting or regulatory matters in any jurisdiction.

The information provided within this website may not be reproduced, distributed or published for any purpose without the prior written consent from Nordea Markets.