Stockholm, 13 March 2006 - NeoNet today announced trading access to the Vienna Stock Exchange - the latest new exchange membership to signal the company's rapid expansion. With the addition of membership and trading on Vienna, NeoNet now offers high-speed direct market access trading on 20 European and North American equity marketplaces.
"We are rapidly expanding our clients' cross-border trading opportunities and Vienna is the fifth new marketplace we have added since September 2005," said Simon Nathanson, CEO of NeoNet. "We will continue to enhance our competitive offering in line with our strong commitment to advanced, reliable and high-performance direct market access services."
"The Vienna Stock Exchange has had a very strong development during the last years. Since 2001 the main index for the Vienna Stock Exchange, ATX, has increased by 269%. We welcome NeoNet's decision to become a member of the exchange and directly access the Austrian equity market to contribute with additional liquidity," said Michael Buhl, member of the Management Board of the Vienna Stock Exchange.
The average monthly turnover on the Vienna Stock Exchange exceeds EUR 9.7bn and there are 92 companies listed on the exchange. Clients have the choice of leveraging NeoNet's high-speed direct market access or professional trading desk for order execution. Some of the most actively traded equities on the Vienna Exchange are OMV, Bank Austria Creditanstalt, Erste Bank, Telecom Austria, BETandWIN.com, Raiffeisen International Bank, Wienerberger, Voestalpine, Böhler-Uddeholm, Verbund and Immofinanz Immobilien Anlagen.
NeoNet is an agency broker offering clients high-speed direct market access trading on the world's leading stock exchanges. In addition to Vienna, NeoNet offers trading access to the following exchanges: American Stock Exchange, Amsterdam, Brussels, Copenhagen, Dublin, Frankfurt, Helsinki, Lisbon, London, Madrid, Milan, Nasdaq, NYSE, Oslo, Paris, Stockholm, SWX, Toronto and Virt-x.
NeoNet also offers hosted system and software services under the name NeoNet eXchange Gateway (NeoNet XG) on Vienna and many other marketplaces. The NeoNet XG services give clients a more complete offering where they can conduct all of their trading through NeoNet; independent of whether they have their own exchange memberships or use NeoNet's agency brokerage services
With annual sales exceeding $200 million, 1,000 employees and local presence in major financial markets across Europe, Asia-Pacific and the Americas, ...View article
ULLINK extends its footprint in Spain with first of several new customers in the region ULLINK, the global provider of electronic trading and co...View article
ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, confirmed today its NYFIX Marketplace FIX netwo...View article