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Hay Tor Capital and KAS BANK’s acquisition of Neonet finalized and new Board of Directors announced

John Ashdown, Alasdair Haynes, Neil Scarth and Mark van Weezenbeek join newly formed Board of Directors of Neonet.Stockholm, Sweden, February 27, 2013 – Neonet, the independent execution service provider, is very pleased to announce that Hay Tor Capital LLP and KAS BANK N.V’s acquisition of a majority shareholding in Neonet from Nordic Capital has closed following approval from the Swedish Financial Supervisory Authority. “We have been extremely impressed by the Neonet team’s relentless focus on excellence and customer service and see major potential to broaden the market presence of the

Neonet launches next generation of Smart Order Router - SOR Sharp

Stockholm, Sweden, December 20, 2012 - Neonet, the independent execution service provider, today presented its new SOR offering, SOR Sharp.A Smart Order Router is now an essential offering for clients to navigate the increasingly fragmented European stock markets. Neonet is pleased to announce the release of its next generation of Smart Order Routing technologies which enables its client base to route orders to 40 European market venues both efficiently and cost effectively. This comprehensive service offering permits access to both lit and non-lit trading venues, ensuring a minimization of

One of the four major Swedish banks upgrades partnership with Neonet

Leading Swedish bank selects Neonet based on attractive technical platform and pricing model.Stockholm, Sweden, December 12, 2012 – Neonet, the independent execution service provider, today announced an execution service agreement with one of the major banks in Sweden, a leading full-service bank for retail and corporate customers. When this already longstanding Neonet client was introduced to Neonet’s new Cost+ model, they found a set-up that was well matched with their requirements for a cutting-edge technical platform combined with a transparent cost model. Together with Neonet’s

Christiania Securities takes the next step and outsources non-core business to Neonet

A flexible cost model and a cutting-edge technical platform made the Norwegian brokerage firm Christiania Securities outsource its execution services to Neonet.Stockholm, Sweden, November 27, 2012 – Neonet, the independent execution service provider, today announced an execution service agreement with the Norwegian brokerage firm Christiania Securities AS. Christiania Securities is a leading Norwegian brokerage firm specialized in technical stock analysis. The firm has provided institutions, companies and private investors with research and brokerage services since 1995 on the Oslo Stock

Neonet’s partnership with Hammer Partners shows how independent research firms can focus on core business by outsourcing their execution

Neonet, the independent execution services provider, today highlighted its independent research partnership with Hammer Partners SA. Hammer Partners provides research products to institutional clients and wants to strengthen its execution services through the partnership with Neonet. Hammer Partners clients can elect to use Neonet as their execution broker, giving them unmatched execution quality thanks to Neonet’s pure agency status and transparent smart order routing.“Neonet is an ideal execution partner for Hammer, as they provide access to a wide range of markets and do not engage in

Neonet continues to expand its execution services client base by onboarding Prize Capital Markets

Newly established Oslo brokerage firm relies on Neonet for execution services to serve its institutional clients.Stockholm, Sweden, November 6, 2012 – Neonet, the independent execution service provider, today announced an agreement with Prize Capital Markets, an Oslo-based brokerage firm, to deliver managed execution services for trading in primarily Nordic equities. Prize Capital Markets is a newly established firm that provides institutions with research services that focuses mainly on the Nordic equities markets. When reviewing the need for exchange memberships and investment

Neonet expands its execution services offering with access to Greek and Turkish equity markets

Neonet adds access to Athens and Istanbul Stock Exchanges thus expanding its coverage of European equities.Stockholm, Sweden, October 3, 2012 – Neonet, the independent execution services provider, today announced the addition of two markets to further strengthen its coverage of European equities; Athens Stock Exchange and Istanbul Stock Exchange. “Greek equities will complement Neonet’s focus on offering trading access to all markets in the Eurozone, while the Turkish addition addresses investors’ recognition that the Turkish economy has continued to grow despite global macro volatility”,

Neonet selected as Execution Service Provider by United Bankers

Increased execution quality, reduced fixed costs and broad market access made Neonet UB Securities Ltd’s preferred choice.Stockholm, Sweden, October 2, 2012 – Neonet, the independent execution services provider, today announced that UB Securities Ltd has entered an Execution Service Provider agreement to increase execution quality throughout its business. The solution will allow UB Securities, part of the Finland-based United Bankers group, to trade in their own membership on chosen markets and through Neonet access on all other major MTFs and primaries in Europe and the Americas. Smart

Neonet brings transparency into the dark

Stockholm, Sweden, September 20, 2012 – Neonet, the independent execution services provider, today announced a new dark algorithm and additional access to dark venues. The new dark executing algorithm automatically scans connected dark pools using parallel execution strategies through a single simple interface. Enhanced safeguarding mechanisms prevent information leakage as well as unwanted executions, providing further benefit to the user. In addition, Neonet has introduced another two dark pools to its offering, adding up to a total of eleven dark venues. Together with Neonet’s internal and

Neonet partners with Marco Polo Network

Neonet becomes new Marco Polo Network destination, with client benefits from extended access to emerging markets.Stockholm, Sweden, August 21, 2012 – Neonet, the independent execution services provider, today announced an agreement with Marco Polo Network, the largest independent platform for electronic trading in and out of global emerging markets, to extend its reach into markets that complement Neonet’s core offering for equity execution on leading European markets. By becoming a customer of Marco Polo Network, Neonet will be able to extend its service to its clients by offering a

New Chairman of the Board and Board member appointed at Neonet

Peter Melbi has been appointed new Chairman of the Board and Stellan Abrahamsson new Board member of Neonet.Stockholm, Sweden, May 31, 2012 – Neonet, the independent execution services provider, today announced the appointment of Peter Melbi as new Chairman of the Board as well as the addition of Stellan Abrahamsson as a new Board member. Both will act as independent Board members. “Peter Melbi’s deep market knowledge and broad network will be a great asset for Neonet”, said Fredrik Näslund, Partner, NC Advisory AB, advisor to Nordic Capital Fund VII, the owner of Neonet. “Peter Melbi’s

Neonet adds NGM and NDX to connected markets

Neonet’s tailored service offering for sell-side clients strengthened by NGM/NDX access, enabling trading in a wider range of asset classes on Nordic markets.Stockholm, Sweden, May 2, 2012 – Neonet, the independent execution services provider, today announced the addition of Nordic Growth Market (NGM) and Nordic Derivatives Exchange (NDX) to its connected markets. Starting with the launch in 2011 of its ESP (Execution Service Provider) service package tailored for sell-side clients, Neonet has committed to extend its reach into new trading venues and support more complex financial

Neonet selected as execution service provider by Banca Generali

Neonet’s flexible SOR delivered as a managed service enables Banca Generali to extend market access to MTFs while retaining primary exchange membership.Stockholm, Sweden, March 6, 2012 – Neonet, the independent execution services provider, today announced that Banca Generali, an Italy-based banking group, has selected Neonet as its provider of best execution services for Italian equities. The service delivered by Neonet allows Banca Generali to trade on the domestic market through its own membership, integrated with Neonet’s Smart Order Router (SOR), algorithms and connectivity, extending

Neonet selected as Execution Service Provider by Öhman Securities Finland

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 Öhman Securities Finland to trade in their own membership on the firm’s primary market, and in Neonet’s name on all secondary markets where Finnish stocks are traded and at the same

Neonet enters execution services partnership with JRS Securities

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

Neonet demonstrates superior trading performance using Smart Order Routing and extended market access

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 Facilities (MTFs). Neonet recently entered a partnership with IFS LiquidMetrix to incorporate independent analytics and quality assurance tools with its equity execution services. Using

Neonet partners with IFS LiquidMetrix to provide execution performance quality assurance

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 solutions. The companies have entered an agreement which calls for IFS LiquidMetrix to assist Neonet with measuring and evaluating quality aspects of Neonet’s equity execution including

Neonet introduces tailored execution services, addressing urgent sell-side needs in a turbulent environment

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 trading venue landscape and offers a suite of tailored solutions that cater to the sell-side community. The offering represents a marriage of traditional execution services such as

Neonet consolidates operations to Stockholm

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 Stockholm we will be able to serve our clients even better. This is one of many ongoing initiatives to solidify our position as the premier execution service provider in Europe” says

Joacim Wiklander new CEO of Neonet Securities

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,” says Thomas Bill, CEO of Orc Group. For further information please contact: Thomas Bill, CEO, Orc Group, phone: +46 8 506 477 35   About NeonetNeonet is a global agency

Anticipated client loss for 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 action. Operations and other customer relationships are unaffected by the incident,” said Neonet Securities AB's President Fredrik Lindqvist. About Neonet Neonet is a global agency

Neonet expands offering with Nordic@Mid Dark Pool

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 the central order book's best bid and offer. Effective immediately, it covers NASDAQ OMX Nordic cash equity markets in Stockholm, Helsinki, Copenhagen and Iceland. This new

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

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