Neonet, a global trading solutions provider, will provide access to NYSE Arca Europe, the multilateral trading facility (MTF) from exchange group NYSE Euronext, when it launches in the New Year.
This will bring the number of markets accessible to Neonet clients to 35 worldwide, including other MTFs Chi-X, Turquoise, BATS Europe and Nasdaq OMX Europe.
“Neonet blends the order books of traditional exchanges and alternative marketplaces to ensure that transactions are made at the best possible price across multiple markets,” said Simon Nathanson, Neonet CEO and president.
NYSE Arca Europe is scheduled to launch in January 2009, pending regulatory approval. It will offer blue chip trading in ten European countries, but will not include securities from Euronext markets in Brussels, Paris, Amsterdam and Lisbon.