LSE to co-market NeoNet execution service to Nordic investors
13 May 2003 | 3413 views | 0
The London Stock Exchange (LSE) and Swedish trading technology firm NeoNet have entered into an agreement to jointly market the vendor's electronic execution services to brokers and investors in the Nordic region.
The Exchange says the deal with Neonet is part of an ongoing programme to provide investors in the Nordic region with trading access to the London financial markets.
Marcus Hamberg, Exchange manager for the Nordic region, says: "This is also a step in our ambition for Nordic companies to gain the global benefits that a London listing offers, whilst still being accessible to their local investors."
LSE opened an office in Stockholm last year as part of an initiative to establish a local presence and market and promote its products and services to Nordic investors.
NeoNet has been a member of the Exchange since 2000 and provides a direct trading connection to London's markets for non-members in the Nordic region.