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Swedbank best in equity derivatives
Wednesday, 16 May 2012
Swedbank is best in Sweden in equity derivatives, according to TNS SIFO
Prospera’s first ranking of equity derivatives trading in Sweden. The
study, which is based on interviews with 42 institutions, includes 10
Nordic and 12 international brokerages.
“Swedbank has a strong track record in derivatives trading, both on the
fixed income and equity side. We are very pleased that our customers
have confirmed that we are doing a good job”, said Mattias Kindstedt,
Head of Equity Research at Swedbank.
The survey also
shows that 31 percent of the respondents anticipate increased interest
in equity derivatives within institutional trading in the coming year.
“During the past year we have had increased interest in equity
derivatives. One of the reasons is the turmoil on the international
financial markets, resulting in more customers wanting to use
derivatives in order to balance their risks”, Mattias Kindstedt
continued.
Nordic banks came in the top five top positions. The survey was
conducted between 15 February and 10 May 2012 and included a variety of
criteria, from back office routines and ethics to personal contacts and
products
News source: Swedbank
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