Neonet – Neonet OMS
Neonet’s order management system (OMS) covers equity, fixed income and derivatives and is integrated with the firm’s execution management system. The OMS supports workflow for MiFID compliant agency and principal models. |
Neonet offers flexible commission models. Variable basis point fees, fixed monthly fees and costs that can be used to pay for any combination of technical and brokerage service.
Neonet’s execution specialists provide a high touch service utilising the full suite of Neonet products for accessing liquidity. A full range of post-trade activities handled by Neonet’s clearing and settlement specialists, and integration with global systems is managed by Neonet’s FIX integration team.
Functionality
Neonet’s proprietary system for professional
trading, The Neonet Trader, offers a wide set of tools including program and
single stock trading, algorithms and synthetic order types, smart order router,
spread trading and multi-broker order routing. Neonet offers direct access to
over 40 markets and also all major networks.
Data
Neonet offers comprehensive reports as part of its
execution service and uses LiquidMetrix to benchmark execution, and reports are
available to clients on a daily basis.
Workflow
Neonet supports straight through trading direct to
the customer account, trading to its account/trading account and the creation
of principal trades between these accounts and customer accounts.
PM tools
PM tools include algorithms and order types, FIX
gateways, market access, market data, multi-broker access, commission sharing
agreements, order routing networks and ISVs, reference data and reports, smart
order routers and transaction cost analysis.
Future plans
Neonet is constantly widening its offering not only
by supporting more third party products, optimising workflows, adding markets
and asset classes, but also by extending its compliance service and reports.