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

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 through Neonet’s dynamic SOR technology or by directing orders.

“For Neonet, it is fundamental to develop our services by expanding our reach in line with client demand and ahead of competition,“ said Fredrik Lindqvist, President, Neonet Securities. “With the Norwegian Equity segment on Nasdaq OMX available to our clients, we now offer the widest DMA reach across all Nordic market venues, lit and dark.”

Based in the Nordic region, Neonet provides DMA as well as advanced execution services to more than 40 of the leading exchanges and alternative trading facilities worldwide.

For further information, please visit www.neonet.com 

About Neonet
Neonet is a global agency broker offering professional market participants independent, high-speed brokerage services based on advanced trading software solutions. Neonet’s state-of-the art execution technology provides connectivity to markets across the EMEA, Americas and Asia-Pacific. Neonet’s services include a comprehensive execution management system, advanced trading algorithms, smart order routing, market data services and a 24 hour trading desk for manual execution and support. Neonet’s clients are found in over 25 countries and include banks, brokerage firms, institutional investors, hedge funds and trading venues. Neonet Securities is an Orc Software company. Orc Software is publicly traded on NASDAQ OMX Stockholm (SSE:ORC).

www.neonet.com  

About Orc Software
Orc is a leading provider of technology and services for the global financial industry. Orc delivers trading and market access solutions used by proprietary trading and market making firms, investment banks, hedge funds and brokerage houses worldwide.

Available as deployed software or as managed services, Orc develops and provides the tools needed for running profitable trading or brokerage businesses in today’s competitive and ever-changing markets.

With market presence in all major global financial centers, Orc provides sales and support services from its offices across EMEA, the Americas and the Asia-Pacific regions.

Orc Software is publicly traded on NASDAQ OMX Stockholm (SSE: ORC).

www.orcsoftware.com 


Media contacts:
Fredrik Lindqvist, President Neonet Securities, Tel. +46 8 454 15 00
Christine Blinke, VP Marketing and Investor Relations, Orc Software, Tel. + 46 739 01 02 01

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About Us

Orc is the global market leader in trading technology for listed derivatives. Building on our commitment to long term partnerships and technology innovation that delivers results, Orc serves the trading and electronic execution needs of clients worldwide. Leading trading firms, market makers, banks and brokers depend on Orc to provide robust solutions that deliver concrete value, ensuring that they achieve their business goals in the world's increasingly dynamic and competitive markets. With nearly 200 customer sites in more than 30 countries, access to over 150 trading venues and offices in each of the world's key financial centers, we offer true global capabilities. Combining our technology and financial industry expertise, including a solid understanding of regulatory issues, Orc also provides expert advice and services that help reduce complexity and cost, while enabling clients to stay focused on value creation in their core businesses. Orc is owned by Orc Group Holding AB which in turn is owned mainly by Nordic Capital Fund VII. www.orc-group.com

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