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International fund trading platform increases presence in Sweden as it steps up Nordic activities

Allfunds has completed its acquisition of Nordic Fund Market from Nasdaq and made an agreement with Swedish insurer Folksam. The international fund trading platform is stepping up its activities in the Nordics.

Allfunds Bank was founded by Santander Bank 20 years ago.

One of Europe's largest fund trading platforms Allfunds is now strengthening its services in Stockholm, according to investors' news site Realtid.se.

The acquisition of Nordic Fund Market (NFM) from Nasdaq is now complete and NFM will be integrated with Allfunds.

Consequently, Swedish customers (banks and fund distributors) will have access to a significantly wider range of funds. Moreover, in October Allfunds made a cooperation agreement with Swedish insurance company Folksam to use the fund trading platform.

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