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 broad emerging market access. Additionally, Neonet will become part of the Marco Polo Network, providing Marco Polo clients with access to the specialized support and advice provided by Neonet, for complex execution on those European markets with highly fragmented liquidity.
“We are pleased to introduce Neonet as a new destination on the Marco Polo Network,” said Nigel Roberts of Marco Polo Capital Markets. “There is an increasing client demand for access to the advanced European markets, and with access to Neonet’s connectivity and dedication to quality execution, we make Marco Polo Europe into an even more versatile resource for global trading operations.”
Neonet delivers a combination of trading technology, market access and execution with the objective of working together with clients to achieve optimal execution at minimal cost. Execution quality is measured, analyzed and presented to clients using third party analytics. By partnering with Neonet, clients get access to an independent counterpart committed to transparent execution quality.
“Teaming up with Marco Polo Network, with their unmatched reach into emerging markets, is an ideal addition to Neonet’s offering,” said Joacim Wiklander, CEO, Neonet Securities. “This partnership is in line with our strategy to add value to our clients through services and partners that extend our core offering for European markets.”
About Marco Polo Network
Marco Polo Network is a key component of the largest independent platform for electronic trading of securities listed and traded on emerging markets exchanges. Founded in 2000, Marco Polo’s trading platform allows global investors transparent and cost-efficient electronic access to over 75 local exchanges in over 80 emerging markets through a network of over 150 in-country broker dealers.
About Neonet
Neonet’s mission is to deliver a truly transparent and neutral execution service to banks and brokers with an optimized balance of quality and cost. The execution service includes advanced smart order routing, trading algorithms, a comprehensive execution management system and a trading and customer service desk operated by qualified execution specialists. Neonet does not engage in proprietary trading or any other financial activity that could result in a potential conflict of interest. Neonet serves clients in over 20 countries and is owned by Nordic Capital Fund VII.
For further information, visit www.neonet.com.
Media contacts:
Neonet: Joacim Wiklander, CEO, Tel. +46 8 506 47 835
Marco Polo Network: Steve Burnham, Marketing, Tel. +1 212 220 2673
Neonet: Sofia Widell, Marketing & PR, Tel. +46 739 01 02 21
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