"With the addition of SWX, we can offer our clients a comprehensive direct market access trading offering for Swiss stocks," said Simon Nathanson, CEO of NeoNet. "We have a very attractive cross-border trading offering and will continue to further expand our advanced trading functionality and marketplace coverage to reinforce our strong position."
"We welcome NeoNet as a new participant of SWX," said Heinrich Henckel, CEO SWX Swiss Exchange.
The SWX Swiss Exchange is the marketplace for a range of different securities including Swiss mid and small cap equities. NeoNet clients already benefit from trading access to the virt-x marketplace where Swiss blue chips are listed and comprise the SMI index. There are over 460 equities and Exchange Traded Funds listed on SWX with an average monthly turnover of equities, ETFs and funds of CHF 9.8 billion (USD 7.7 bn). 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 SWX Swiss Exchange are Actelion, Logitech, SIG, Kuehne + Nagel, Straumann, Geberit, Phonak, Sika, Panalpina and BB Biotech. The SMIM Index is the benchmark encompassing the most liquid shares of SWX Swiss Exchange.
NeoNet is an agency broker offering clients high-speed direct market access trading on the world's leading stock exchanges. In addition to SWX, NeoNet offers clients trading access to the following exchanges: American Stock Exchange, Amsterdam, Brussels, Copenhagen, Dublin, Frankfurt, Helsinki, Lisbon, London (SETS, SETSmm and IOB), Madrid, Milan, Nasdaq, NYSE, Oslo, Paris, Stockholm, Toronto and virt-x.