Swedbank best in equity derivatives
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.
For further information, please contact:
Mattias Kindstedt, Head of Equity Research, Swedbank, phone: +46 73 828 3800
Sara Christensen, Head Communications LC&I, Swedbank, phone: +46 70 937 6867
Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to a development “Beyond Financial Growth”. As a leading bank in the home markets Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has 7.8 million retail customers and around 531,000 corporate customers and organizations with 315 branches in Sweden and over 200 branches in the Baltic countries. The group is also present in other Nordic countries, the U.S., China, Russia and Ukraine. As of 31 March, 2012 the group had total assets of SEK 1,889 billion. Read more at www.swedbank.com