Nordea is extending electronic FX services into Russia and Poland via its e-Markets platform.
The bank’s Markets operation has offices in both countries and has recently been developing customised functionality in e-Markets to support local needs. Russia has had local market research and information in Russian since early this year, and soon the full range of services, including e-trading, will commence in Poland. Nordea expects demand to be similar to its successful debut of e-Markets in Lithuania, Latvia and Estonia several years ago. “Nordea Markets has strengthened its focus on new European markets,” said Jens Smedegaard who heads sales and research in the region. “And e-Markets will play a key part in delivering the tailored services that customers in these regions require.”