Neonet opens access to Merkur Market

Source: Neonet

Neonet, the independent agency broker and execution specialist, announces that on 13 January it joined, Merkur Market, a multilateral trading facility operated by Oslo Børs.

Merkur Market’s rules and regulations are less onerous than for companies listed on Oslo Børs and Oslo Axess. Whilst Merkur Market is not a regulated market, it uses the Oslo Børs trading system, ensuring an orderly market with transparent order book trading. Market surveillance is carried out in the same way as for trading on Oslo Børs and Oslo Axess.

“As an independent execution specialist, it is essential for us to offer comprehensive access to a range of liquidity sources for our clients and we therefore closely monitor the development of new venues and liquidity pools,” said Tim Wildenberg, Chief Executive Officer of Neonet. “With our Nordic heritage we are happy to announce access to Merkur Market leveraging the proven Millennium technology.”

“We are pleased to see the interest in Merkur Market from members and the record number of companies we have seen listing on any of our markets on one day. Investors increasingly want access to these growth companies and the companies themselves want access to international investors. Merkur Market allows us to offer this access to both companies wishing to list as well as international investors”, comments Tom Kristoffersen, Executive Vice President, Secondary Market, Oslo Børs.

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