Newly established Stockholm brokerage firm relies on Neonet for execution services to serve its institutional client base.
Stockholm, Sweden, February 2, 2012 – Neonet, the independent execution services provider, today announced an agreement with JRS Securities, a Stockholm-based brokerage firm, to deliver managed execution services for trading in Nordic equities. The order was booked in Q1, 2012.

JRS Securities is a newly established firm which provides institutions with research and brokerage services, with main focus on the Swedish equities markets. JRS has made a strategic decision to outsource all functions outside its core business. Consistent with this, JRS will rely on Neonet as one of their main execution service providers, which eliminates the need for exchange memberships and investments in in-house execution management technology.

“We have taken the approach to minimize fixed costs and instead build strong relationships with premier solutions providers in several...