Neonet, the global provider of agency brokerage services and trading technology, today announces that Morgan Stanley is the most recent addition to Neonet's broker access offering.
Buy-side clients may now utilize Neonet's advanced trading platform to access the Morgan Stanley suite of trading strategies for equities execution.
Neonet offers buy-side clients an advanced Execution Management System (Neonet Trader) that enables traders to effectively manage their trading for best execution results. It gives the buy-side trader a consolidated view and improved work-flow by not having to switch between different systems. Morgan Stanley's clients can utilize this technology platform combined with the services of Morgan Stanley, including algorithms and direct market access (DMA).
"Morgan Stanley is pleased to partner with Neonet to provide our mutual clients with access to our award winning BXS strategies", said Brian Gallagher, head of Morgan Stanley Electronic Trading Europe Sales and Distribution. "Neonet's global product and strong presence in the Nordic markets allows us to leverage a broker neutral partner to offer our suite of advance algorithmic trading tools, unique dark pool liquidity offering, and next generation trading tools".
Per Andersson, Global Head of Sales at Neonet comments: "We are delighted that Morgan Stanley's buy-side clients now have the possibility to use Neonet's technology platform. Via Neonet Trader, our collective clients can achieve optimal management of their executions. Through one connection and one application, they get access to multiple brokers and their algorithms."