Front Arena connects to Burgundy MTF

SunGard has announced that Front Arena, its cross-asset trading and order management system, is now live with a connection to Burgundy, a multilateral trading facility (MTF) trading Nordic securities, authorised and regulated by the Swedish Financial Supervisory Authority. SunGard's Front Arena now has access to all major liquidity pools in Scandinavia. The Burgundy MTF is owned by a number of Scandinavian banks and authorised securities trading firms; it was launched in early May this year,