NeoNet expands derivatives offering

NeoNet, a provider of direct market access (DMA) brokerage services and trading software solutions, has announced it is linking up to Eurex, one of the world’s largest derivatives exchanges.
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NeoNet, a provider of direct market access (DMA) brokerage services and trading software solutions, has announced it is linking up to Eurex, one of the world’s largest derivatives exchanges. NeoNet says it will offer access to Eurex’s range of equity index futures, including DAX futures, SMI, STOXX and Euro STOXX.

Throughout 2007 and into 2008, NeoNet reports an expansion of its global execution services with trading on exchanges in Asia, Australia, Eastern Europe and the multi-lateral trading facility Chi-X.

NeoNet says its connectivity to Eurex complements its existing offering of OMX futures and global equities marketplaces.

“As our clients’ needs grow, the need to respond to demand for other asset classes is paramount," comments Simon Nathanson, CEO and president, NeoNet. "We believe that offering access to Eurex, one of Europe’s largest derivatives exchanges and clearing houses, makes connectivity to NeoNet even more attractive,” he explains.

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