Erik Penser Bankaktiebolag is a member of, and offers access to, all the Nordic exchanges. We also offer access to exchanges in Europe, Canada and the US. We are connected to the largest Order Routing networks such as UL Net, Fidessa, Bloomberg, Reuters and Thomson Autex. Additional Order Routing networks will be connected should the need arise. For clients with no existing trading infrastructure standalone trading applications are available.
Penser ASAP is based on the Online Trader and through this application all markets which we offer access to may be accessed. There is also a multibroker version of the Online Trader (UL Front).
We have three different order types in our electronic trading solution:
True DMA
True Direct Market Access means that the order is entered and executed in real time with no manual intervention. Our trading servers are placed in the Close proximity room directly at the exchange which will ensure a very fast and reliable execution.
Care orders
The order is marked as ’Care’ which means it will not be sent to the exchange directly. Instead one of our experienced brokers will accept the order and work it manually during the day according to instructions. Care orders are suitable for large orders or orders in illiquid order books. The actions of the broker can be monitored in real time since all partial deals are reported instantly.
Erik Penser Electronic Trading Network