Terra Markets

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Terra Markets AS
Type	Private
Founded	1997
Headquarters	Oslo, Norway
Area served	Norway
Key people	Odd Arne Pedersen (CEO) Gabriel Block-Watne (Chairman)
Industry	Financial services
Products	Securities
Subsidiaries	Terra Fondsforvaltning
Website	www.terra.as

Terra Markets is a Norwegian security company associated with Terra-Gruppen. It is responsible for security investments on behalf of the Terra member banks and their customers. Actual management of securities was performed through the now bankrupt Terra Securities while mutual funds are managed by Terra Fondsforvaltning.

Terra Markets AS is owned 66.73 % by Terra-Gruppen (again owned by 78 local savings banks) and four senior executives in Terra-Gruppen, including former CEO of Terra-Gruppen Ola Sundt Ravnestad and President of Terra Markets Odd Arne Pedersen. In 2007 Terra Markets was involved in the Terra Securities scandal, resulting in the subsidiary Terra Securities losing its concession for brokerage on November 28, 2007 and filing for bankruptcy the same day.