Online Exclusive: Exchange Status Won't Change Free Data Policy, says Burgundy CEO

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Olof Neiglick, CEO, Burgundy

Nordic multilateral trading facility Burgundy will not introduce fees for its market data when it becomes an exchange, officials tell Inside Market Data, despite receiving approval from the Swedish Financial Supervisory Authority this week to operate a regulated market.

The new classification will enable Burgundy to list warrants, certificates, exchange-traded funds and structured products, and the market plans to begin admitting the first listed products to the exchange within the next couple

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