Danske Bank Joins Equiduct to Enhance Retail Trading Experience
Danske Bank Becomes a Member of Equiduct
The renowned Nordic bank, Danske Bank, recently joined forces with the pan-European exchange Equiduct, renowned for its focus on retail trading. This partnership is set to significantly enhance the trading experience for retail investors.
Benefits for Retail Clients
As one of the largest banks in the Nordic region, Danske Bank is committed to delivering advanced trading services for its clients. By becoming a member of Equiduct, its retail clients can now capitalize on additional liquidity options for stocks and ETFs across a broad range of European markets.
Furthermore, this collaboration offers access to innovative and cost-effective real-time market data to better support investment decisions. Retail clients of Danske Bank now join a community of over 7 million retail investors already benefiting from Equiduct's superior execution and market data services.
Equiduct's Commitment to Retail Trading
Equiduct is dedicated to ensuring that retail investors receive exemplary execution for their trades in European equities and ETFs. Their focus on providing institutional-grade market data positions them as a strategic partner for retail banks like Danske Bank.
Innovative Services for Everyday Investors
Marjo Grandell, Head of Equities at Danske Bank, expressed that joining Equiduct showcases Danske Bank's commitment to fostering an inclusive investment platform for all clients. The partnership enables Danske Bank to provide enhanced liquidity for their retail clients within an extensive universe of tradeable instruments through accessible digital channels such as online banking and mobile applications.
Strategic Alliance for Positive Change
Wail Azizi, Chief Strategy Officer at Equiduct, articulated enthusiasm about welcoming Danske Bank into their trading community. The collaboration aligns neatly with Equiduct's mission to cultivate constructive transformations in pan-European retail trading and market data accessibility.
About Equiduct
Equiduct operates as an innovative, client-driven exchange that enables retail brokers and institutional clients to achieve Best Execution. Covering 12 markets and 16 European indices, Equiduct stands out in a fragmented trading environment. With a reported turnover of €79 billion and an average daily volume of €310 million in 2023, Equiduct continues structuring its platform to prioritize client benefits.
About Danske Bank
Danish Bank has played a pivotal role in societal development for over 150 years. They pride themselves on offering advisory services and financial solutions tailored to the needs of individuals, families, and businesses alike, assisting them in realizing their aspirations and potential.
Driven by a commitment to sustainable development, Danske Bank aims to be the best bank for its customers, employees, and shareholders. They continuously strive to enrich their clients' experiences through innovative offerings.
Frequently Asked Questions
What is the significance of Danske Bank joining Equiduct?
This partnership enhances liquidity and provides Danske Bank's retail clients with better trading options across European markets.
How does the collaboration with Equiduct benefit retail clients?
Retail clients gain access to additional liquidity, improved market data, and a broader selection of tradeable instruments.
What services does Equiduct offer to its members?
Equiduct provides market execution and data services, with a focus on ensuring Best Execution and supporting trading needs.
How does Danske Bank support its retail investors?
Danske Bank offers digital platforms, including online banking and mobile apps, allowing easy access to trading and financial services.
What is Equiduct's market positioning?
Equiduct is a leading exchange empowering retail traders, providing access to fragmented markets while ensuring superior trading conditions.
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