Users of agency broker and trading technology provider Neonet’s execution management system can now access global investment bank UBS’s suite of equities execution algorithms and DMA capabilities.
“We’re delighted to join the Neonet family of electronic trading providers. This gives UBS clients in the Nordic region and all across Europe the ability to use Neonet’s high-quality EMS to access our suite of advanced algorithmic trading strategies and electronic trading tools,” said Tim Wildenberg, head of direct execution, EMEA at UBS.
The Neonet Trader EMS now provides clients with access to electronic trading tools from UBS, Credit Suisse and Morgan Stanley, with additional firms to follow in the second half of the year.
“We are committed to offering buy-side firms advanced trading solutions to ensure they achieve optimal management of execution desk workflow. Neonet matches the growing demand for advanced low-latency trading, broad marketplace coverage whilst offering a short implementation time of the service,” said Per Andersson, global head of sales, Neonet.
Neonet is listed in Stockholm and has clients in over 20 countries globally.