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
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).
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).
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