NeoNet hooks up to Nasdaq

NeoNet hooks up to Nasdaq

Real-time equity trading services provider, NeoNet, is to offer clients electronic access to Nasdaq through The Brut ECN early next year. The agreement may also be extended to the NYSE and regional exchanges.

NeoNet currently offers more than 50 per cent of the European market capitalisation through electronic connections to the stock exchanges in London, Frankfurt, Stockholm, Helsinki and Copenhagen. During the third quarter of this year, NeoNet plans to connect to the Euronext exchanges: Paris, Amsterdam and Brussels.

Torvald Bohlin, CEO of NeoNet, says: "A connection to the U.S. equity market is a major step in our strategy to offer electronic trading access to the majority of the world's leading stock exchanges."

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