NeoNet Offers Execution in Swiss Equities Through virt-x Membership

NeoNet, an international agency broker providing efficient electronic equity execution services for the institutional investor industry, today announced that it offers trading in Swiss blue chip stocks through its membership at
virt-x.

virt-x is the home exchange for Swiss blue chip stocks, including Novartis, Roche, Nestle, UBS, Credit Suisse Group, Swiss Re, Zurich Financial Services and ABB. virt-x is the London based international arm of the SWX Group (the Swiss Exchange) and also offers direct, real-time access to trading in the constituents of all the major pan-European blue chip indices.

"The introduction of execution at virt-x through our own membership further strengthens our direct market access strategy and strengthens our execution offering by giving clients trading access to several interesting blue chips," said Staffan Persson acting CEO of NeoNet.

virt-x's CEO, Peter Keller, said today: "I am delighted to welcome NeoNet to membership of virt-x, which furthers the international reach of virt-x. NeoNet is the first member to take advantage of virt-x’s new direct FIX based connectivity".

NeoNet is an agency broker with exclusive focus on providing electronic trading access to the connected marketplaces and execution services via the trading desks for institutional investors and broker-dealers. NeoNet only executes on behalf of clients and does not conduct any proprietary trading, therefore minimizing conflict of interest with the clients’ businesses.

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