Evli Bank, an investment bank, announced on Monday that it has become the first Finnish bank to adopt agency broker NeoNet’s XG solution for cross-border electronic trading.
NeoNet describes XG as a hosted software, hardware, infrastructure and surveillance solution for electronic securities trading. Clients trade on exchanges using their own memberships and leverage NeoNet's technology, exchange connectivity and infrastructure.
"The NeoNet XG platform enables us to access multiple exchanges quickly," remarks Pelle Holmertz, head, markets unit, Evli. "We look forward to continuing to build our long- term relationship with Evli," adds Simon Nathanson, CEO, NeoNet.