Denmark

Nordnet entered the Danish market in 2001, and has since then built up a position as a leading online actor on the Copenhagen Stock Exchange. We are now in the process of expanding our offer, and pension services were launched in 2009. The Danish pension market is the biggest in the Nordic region, and Nordnet's simple tools and competitive prices have made the pension savers aware of the options available.

For three consecutive years (2009-2011), Nordnet has been named the best bank/stockbroker of the year by the Danish Shareholders Association. Overall satisfaction, systems uptime, information and commission levels are categories in which Nordnet is being most appreciated.

Nordnet has a local precense in the market through a sales office and trading arcade in Copenhagen, which were established in 2009. Thanks to these premises, we will be able to strengthen our relations with the Danish savers further.

Popular products

• WinTrade is Nordnet's self-developed realtime trading application, used by thousands of active traders
• The Experts are Nordnet's savings experts who share their knowledge on Nordnet's site and blog
• Applications for iPhone and Android make it easy to follow your savings wherever you are

Financials

In 2011, Nordnet Denmark's operating profit reached SEK 4.4 million with an operating margin of 6%. The number of active accounts amounted to 25,600 with a total savings capital of SEK 5.5 billion. The customers made 1,573,000 trades during the period.

Danish savers

The Danish customers prefer to save in stocks, which constituted 79% of their savings portfolios by the end of the second quarter 2010. At the same time, 7% of the portfolios was invested in mutual funds. The most popular stock to own is Vestas. Danes have a tradition of saving in foreign stocks, and in the second quarter 23% of the trades were made on foreign stock exchanges.

Competitors