Burgundy is an alternative stock exchange with focus on the Nordic market, set to open in the first half of 2009. Burgundy is made up by a consortium of the ten leading Nordic banks and other financial institutions. The project estimated cost are around 11 million euros.
Consortium All of the members has 10 % stake in the venture.
Members: Avanza, Carnegie Investment Bank, Evli Bank, Handelsbanken, Kaupthing, Neonet, Nordnet, SEB, Swedbank, Öhman.
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