Neonet enhances its global latency management further

Neonet enhances its global latency management further

Neonet, the global provider of execution services and trading technology, today
announced that it will start to deploy CorvilNet 5.1 for latency management.
This will provide an even more efficient IT infrastructure for Neonet's clients.
Neonet plans to deploy the software in multiple locations including Stockholm,
London, New Jersey and Frankfurt.   

“Maintaining a low-latency trading infrastructure is essential for driving our
electronic execution business,” said Neonet CEO and President, Simon Nathanson. 
“The velocity of Neonet's direct market access, algorithmic, smart order routing
and real time market data services must continuously operate at peak, ultra
low-latency performance levels, and will now have a strong catalyst in CorvilNet
5.1. Our focus is to provide our clients with an even more efficient service. “

CorvilNet monitors, analyzes and optimizes electronic trading and market data
applications against ultra-low latency objectives. Key enhancements of CorvilNet
5.1 include latency measurement of messages (e.g. FIX) that provide a deeper and
more sophisticated view of trading infrastructure performance.  A new detection
feature monitors market data feed quality and pinpoints inconsistencies.  

“Latency management is a category breakthrough, and CorvilNet was a first in
pioneering this emerging segment that extends beyond ad hoc latency measurements
to include both microsecond application service level monitoring together with
real time infrastructure analytics for streamlined, low-latency trading,” said
Corvil CEO, Donal Byrne.  “CorvilNet 5.1 raises the bar for latency management
systems with the integration of a host of new powerful features and performance
improvements and the Neonet win underscores this value proposition.”

As of June, Neonet is part of Corvil's global client base of leading incumbent
exchanges, alternative trading platforms, agency brokers and market service
providers.

For all media enquires on Neonet

Cognito UK
Jennifer Cole 
+44 (0)20 7438 1100
jennifer.cole@cognitomedia.com

For all media enquires on Corvil

Tim Lane
Telephone: + 1 917 572 3642
E-mail: tim.lane@corvil.com


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, Latin 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 NASDAQ OMX Stockholm and has clients in over 20 countries
globally. For more information, please visit www.neonet.com.