The Warsaw Stock Exchange and Neonet have signed a co-operation agreement concerning a new WSE IT system access solution.
The agreement sets out the terms and conditions of Neonet's access to the WSE IT system aimed at providing Exchange Members with a technical solution supporting their transaction communication with the WSE IT system.
Warsaw Stock Exchange Members can use the ISV (Independent Software Vendor) service called Neonet XG and trade on WSE through Neonet's technical infrastructure using their own membership in the market.
Neonet XG product suite relies on an existing trading system already used by Neonet Securities AB (the brokerage arm) and other existing Neonet XG (ISV) clients. New instances of system modules are installed to meet the specific needs of the customers of the Neonet XG and the Warsaw Stock Exchange.
Neonet is the second Independent Software Vendor (ISV) to provide this type of access service to the Warsaw Stock Exchange, after GL Trade.