Euronext Securities Copenhagen today announced that BNY has signed an agreement to become a direct participant in the Danish Market.
Henrik Ohlsen, Head of Sales at Euronext Securities, commented:
“We are pleased to partner with BNY, a leading global financial services company, to provide them with direct access to the Danish market. BNY joins a growing number of Euronext Securities customers choosing to access our markets directly and capitalise on the benefits of that approach, such as lowering operational risk and accessing the market infrastructure directly. We believe this trend of market optimisation, with market infrastructures linking together, not only benefits our international clients, but also helps connect European economies to global capital markets. Concretely, international investors now have more direct and efficient access to the €1.5 trillion of assets issued in the Danish capital market.”
Strengthening ties to the Danish and Nordic markets
For BNY, having a direct interface to the Danish market through local CSD connectivity will help the financial institution further support its customers in Denmark and the Nordic region, as well as internationally.
Søren Eberhard, Copenhagen Branch Manager at BNY commented:
“Following the establishment of our branch office in Copenhagen (2020) and Depositary Bank (2021), we are excited to take yet another step in our international growth strategy and expand our commitment to the Danish and Nordic markets. BNY provides clients with local expertise powered by global capabilities including technological resources, resiliency, and scale needed to meet the increasing regulatory requirements of institutional investors and their growing investments needs.”