Neonet selected as execution service provider by Banca Generali


Neonet selected as execution service provider by Banca Generali

Neonet’s flexible SOR delivered as a managed service enables Banca Generali to
extend market access to MTFs while retaining primary exchange membership.

Stockholm, Sweden, March 6, 2012 – Neonet, the independent execution services
provider, today announced that Banca Generali, an Italy-based banking group, has
selected Neonet as its provider of best execution services for Italian equities.
The service delivered by Neonet allows Banca Generali to trade on the domestic
market through its own membership, integrated with Neonet’s Smart Order Router
(SOR), algorithms and connectivity, extending access to European Multilateral
Trading Facilities (MTFs) and, if selected, exchange sponsored dark pools. The
order was booked in Q4 2011.

Banca Generali was looking for a Smart Order Routing solution to trade on both
the Italian MTA exchange, its primary execution venue, and on MTFs, thus
ensuring Best Execution and MiFID compliance for its orders. The Neonet solution
enables Banca Generali to continue trading in the domestic market through its
own membership, offering full integration with their existing front-end and
Order Management Systems.

“We are pleased to see that Banca Generali recognizes Neonet’s abilities to
deliver a service that seamlessly combines brokerage and technology, while
allowing them to retain control of key trading parameters,” said Joacim
Wiklander, CEO of Neonet Securities AB. “Banca Generali’s decision to expand
execution beyond its primary market is significant, as it clearly displays the
emergence of a new European trading landscape where Smart Order Routing is
becoming a prerequisite not only for compliance, but also for competitiveness
and client satisfaction.”

“We identified a requirement to offer clients a comprehensive brokerage service
that includes access to all sources of liquidity for Italian equities,” said
Carlo Talpo, Head of Trading at Banca Generali. “Neonet enables us to outsource
SOR development and operations, while protecting our present technology
investments and allowing us to maintain our membership and market share on the
domestic exchange.”

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

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 offers professional market participants flexible, independent and
transparent execution services.
  · CameronTec is the financial industry leader in FIX infrastructure and
connectivity solutions.

With market presence in all major global financial centers, Orc 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

Media contacts:
Neonet: Joacim Wiklander, CEO, Tel. +46 (0) 8 506 47 835
Orc Group: Christine Blinke, VP Marketing and Investor relations, Tel. +46 (0)
739 01 02 01

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