NeoNet, a provider of real-time equity trading services for institutional investors and broker-dealers, has gone live with an electronic trading link to Nasdaq via NeoNet's stock exchange network.
Torvald Bohlin, CEO of NeoNet, comments: "The introduction of electronic trading access to Nasdaq is a major step for NeoNet in reaching our goal of offering trading to our clients on 80 per cent of the world's market capitalisation by the end of 2003."
In addition to Nasdaq, NeoNet also offers electronic trading access to the stock exchanges in London, Frankfurt, Paris, Amsterdam, Brussels, Stockholm, Helsinki, Copenhagen and Oslo. NeoNet also plans to connect to the Milan and Virt-x stock exchanges and the next target is to offer trading access to the New York Stock Exchange in 2003.