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


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 global market access with sophisticated MiFID compliant trading
technology, algorithms, a configurable Smart Order Router (SOR) and a
full service trading desk. This is delivered in a fully transparent
service where execution fees are based on a cost+ pricing structure.
This helps avoid potential conflicts of interest (e.g. execution style,
preferred execution venue and clearing location) while providing
capabilities and benefits equivalent to having one's own exchange
membership/s and in-house trading technology.

Joacim Wiklander, Neonet's CEO, commented: “By partnering with Neonet,
clients will receive top execution quality while realizing cost savings
in trading fees, clearing, settlement, technology and overhead. Clients
can shift more focus to growing and maintaining their core businesses
and working on new initiatives. We are opening up our extensive trading
infrastructure, technology and fees for others to benefit from our
economies of scale and extensive experience.”

The new service offering is available immediately to Neonet clients in
the EMEA region.

Media contacts:
Joacim Wiklander, CEO, Neonet Securities, Tel. +46 8 506 47 835
Christine Blinke, VP Marketing and Investor Relations, Orc Group, Tel. +
46 739 01 02 01

About Orc Group
Orc Group is a leading provider of technology and services for the
global financial industry. Orc Group delivers trading and market access
solutions that are used by proprietary trading and market making firms,
investment banks, hedge funds and brokerage houses worldwide.

The Orc Group serves customers through three business units, each with
distinctive offerings:

  · Orc develops and provides the tools needed to run profitable trading
and brokerage businesses.
  · Neonet is a global agency broker that offers professional market
participants independent, high-speed execution services.
  · CameronTec is the financial industry's leading provider of FIX
infrastructure and connectivity solutions.

With market presence in all global financial centers, Orc Group provides
sales and support services from its offices across the EMEA, Americas
and Asia-Pacific regions.

Orc Group is publicly traded on NASDAQ OMX Stockholm (SSE: ORC).

For additional information visit www.orc-group.com

 

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