Neonet, the independent execution services provider, today announced an agreement with Marco Polo Network, the largest independent platform for electronic trading in and out of global emerging markets, to extend its reach into markets that complement Neonet's core offering for equity execution on leading European markets.
By becoming a customer of Marco Polo Network, Neonet will be able to extend its service to its clients by offering a broad emerging market access. Additionally, Neonet will become part of the Marco Polo Network, providing Marco Polo clients with access to the specialized support and advice provided by Neonet, for complex execution on those European markets with highly fragmented liquidity.
"We are pleased to introduce Neonet as a new destination on the Marco Polo Network," said Nigel Roberts of Marco Polo Capital Markets. "There is an increasing client demand for access to the advanced European markets, and with access to Neonet's connectivity and dedication to quality execution, we make Marco Polo Europe into an even more versatile resource for global trading operations."
Neonet delivers a combination of trading technology, market access and execution with the objective of working together with clients to achieve optimal execution at minimal cost. Execution quality is measured, analyzed and presented to clients using third party analytics. By partnering with Neonet, clients get access to an independent counterpart committed to transparent execution quality.
"Teaming up with Marco Polo Network, with their unmatched reach into emerging markets, is an ideal addition to Neonet's offering," said Joacim Wiklander, CEO, Neonet Securities. "This partnership is in line with our strategy to add value to our clients through services and partners that extend our core offering for European markets."