Burgundy selects TNS for launch

Nordic multilateral trading facility, Burgundy, is using Transaction Network Services' Secure Trading Extranet to provide connectivity services to its clients, supporting the flow of orders and market data between the MTF and its trading participants. Burgundy is owned by a consortium of Nordic banks and securities trading firms, who together represent almost half of the Nordic trading volume. The MTF, which underwent its soft launch on May 8, followed by its main launch three days later, ai