News : Neonet

Neonet selected as Execution Service Provider by Öhman Securities Finland

2/9/2012 3:02 AM EST - Neonet

Focus on execution quality and proven local expertise key aspects for decision to go with Neonet’s ESP offering.
Stockholm, Sweden, February 9, 2012 – Neonet, the independent execution services provider, today announced that E. Öhman J:or Securities Finland Ltd has entered an Execution Service Provider agreement to support its trading operations. The deal was booked in Q4 2011.

The Neonet ESP solution allows...

Neonet enters execution services partnership with JRS Securities

2/2/2012 2:32 AM EST - Neonet

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...

Neonet demonstrates superior trading performance using Smart Order Routing and e...

2/1/2012 2:32 AM EST - Neonet

Independent benchmarking and analytics identifies significant price improvement from employing SOR and MTFs.
Stockholm, Sweden, February 1, 2012 – Neonet, the independent equity execution services provider, today announced findings from a series of benchmarks that illustrate the benefits from implementing Smart Order Routing (SOR) and extending market access from primary exchanges to Multilateral Trading...

Neonet partners with IFS LiquidMetrix to provide execution performance quality a...

10/18/2011 3:01 AM EST - Neonet

Neonet clients get access to independent Best Execution and Smart Order Routing performance verification by LiquidMetrix.
Stockholm, Sweden, October 18, 2011 – Neonet, the independent execution services provider, today announced a partnership with Intelligent Financial Systems (IFS), a London based research and market data analysis company providing a range of historical and real time market data analysis...

Neonet introduces tailored execution services, addressing urgent sell-side needs...

9/14/2011 4:01 AM EST - Neonet

New generation of managed services help sell-side firms address the challenging and complex trading landscape, client demands and regulatory pressure.
Stockholm, Sweden, September 14, 2011 – Neonet, the independent global equity execution services provider, today announced a new service tailored for banks and brokers. The service includes a cost-effective trading environment addressing the increasingly complex...

Neonet consolidates operations to Stockholm

9/13/2011 2:01 AM EST - Neonet

Neonet, which is part of Orc Group AB, has initiated a reorganization of its U.S. operations and will close down the New York based trading desk. The closure of the U.S. trading desk will not impact customers’ ability to trade European and North American markets. All clients will be offered continued full execution and settlement services from the Stockholm office.
”By consolidating all of our operations to...

Joacim Wiklander new CEO of Neonet Securities

9/6/2011 3:16 AM EST - Neonet

Joacim Wiklander has been appointed as the new CEO of Neonet Securities, part of Orc Group. He will succeed Fredrik Lindqvist, who is leaving the company.
Joacim Wiklander comes most recently from the post of Chief Strategy Officer for Orc Group and has worked for Orc Group since 2000.

“It is very satisfying to see Joacim Wiklander take over the role of CEO and lead Neonet in its ongoing process of change,”...

Anticipated client loss for Neonet

8/22/2011 5:02 AM EST - Neonet

Due to suspected fraud in Norway Neonet could make a bad debt loss of up to SEK 4.7 million. Neonet has taken legal action to protect its interests.
Neonet has requested and been granted sequestration of the customer and its Chairman of the Board's assets. It remains unclear whether there are assets to exploit the bad debt in whole or in part.

“We see the incident as an isolated event where we have taken...

Neonet expands offering with Nordic@Mid Dark Pool

11/16/2010 3:02 AM EST - Neonet

Transparency in price determination helps Neonet clients to reduce trading costs on Nordic cash equity markets.
Stockholm, Sweden, November 16, 2010 – Neonet, the global agency broker, today announced the addition of Nordic@Mid – a new non-displayed, “dark pool” trading facility in Nordic Cash Equity Trading – to its service offering. Nordic@Mid is a facility for matching non-displayed orders at the midpoint of...

Neonet expands its DMA offering with Norwegian Equity segment on Nasdaq OMX

11/15/2010 3:02 AM EST - Neonet

Stockholm, Sweden, November 15, 2010 – Neonet, the global agency broker, today announced the addition of direct market access to the Norwegian Equities segment on Nasdaq OMX Stockholm, complementing its wide Direct Market Access offering. The Norwegian Segment on the INET platform offers trading in the 32 most traded equities listed on the Oslo Stock Exchange’s regulated market. Trading the new segment is enabled...

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