Neonet's algorithmic trading suite now available on third party trading systems


Neonet's algorithmic trading suite now available on third party trading systems

Neonet, the global provider of neutral, direct market access (DMA) brokerage
services and trading systems, today announced that it has integrated its suite
of trading algorithms with leading trading systems Fidessa LatentZero, InfoReach
and Tbricks Genesis. All systems are live, offering users the advanced execution
capabilities of Neonet's algorithms.

Neonet's algorithms are developed entirely in-house to fully leverage Neonet's
low latency market access. Where previously these algorithms could only be
accessed via Neonet's own trading platform, they are now accessible by these
third party systems. “Making our trading algorithms available via third parties
is in line with our strong commitment to provide our clients with leading
trading capabilities. We see a strong interest in using our advanced
functionality as the trading pattern and landscape is changing rapidly,”
comments Simon Nathanson, CEO of Neonet.

“By cooperating with these popular platforms, we bring our services to an even
wider audience. This offers the users of these systems the flexibility to access
our suite of electronic products without the need for a separate FIX
integration. Ultimately, this is about choice for our clients, and we will
continue to bring our services to additional trading systems” concludes
Nathanson.

For further information, please contact:

Neonet
Niclas Lilja
Deputy Head of Communications, Neonet
+46 8-454 15 82

Neonet is a global agency brokerage firm and technology provider, offering
professional market participants neutral, high speed brokerage services and
advanced trading software solutions. NeoNet's in-house developed platform offers
connectivity to the world's leading market places globally across the key
regions of North America, Europe, Asia and Australia. Neonet's cutting-edge
technology solutions, Neonet XG, include an integrated product suite. It
features high speed market connections, a comprehensive execution management
system, market data services and advanced trading tools. Neonet is listed on the
OMX Nordic Exchange in Stockholm and has clients in over 20 countries globally.
For more information, please visit: www.neonet.com

Fidessa LatentZero
Simon Barnby
simon.barnby@fidessa.com
+44 (0)20 7929 9200

InfoReach
Jan Hunter
jan@inforeachinc.com
617-371-1122

Tbricks Genesis
Urs Rutschmann, COO
+41 79 461 78 11

Attachments

06232716.pdf