Skandinaviska Enskilda Banken AB (SEB) joins electronic trading solutions provider for the global financial marketplace, BidFX, as the newest liquidity provider on the FX platform.
BidFX welcomed the Scandinavian bank as part of the expansion of its coverage to Nordic financial institutions.
BidFX head of Nordic Sales, Peter Bondesen, noted:
The increased interest in our advanced EMS from Nordic financial institutions means greater demand for specialised, local liquidity. Many of our global clients have also requested SEB as a counterparty to provide bespoke liquidity both through streaming rates and RFQ.
SEB Head of e-FX distribution, Carolina Trujillo, commented:
We are excited that becoming a liquidity provider on BidFX is enabling us to extend our reach and both follow existing clients as well as get access to new clients. As the leading liquidity provider in Scandinavian currencies, we want to be able to reach out to a wide variety of clients and offer access to our unique flow franchise.
BidFX CRO, John McGrath, siad:
It’s great news to announce SEB is now live on BidFX. With such demand across our range of clients for SEB it will further enhance the liquidity on offer to our institutional clients both in the Nordics and around the world. We look forward to working closely with them, and other Liquidity Providers, to ensure we keep business as normal as is possible in these tumultuous times.
Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.