Algorithmic Trading news articles - NEONET EXPANDS ITS ASIAN OFFERING WITH THE HONG KONG AND SINGAPORE STOCK
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June 19, 2007 - NeoNet today announced trading and brokerage access to the Hong Kong Stock Exchange and Singapore Stock Exchange, thereby further expanding its global round-the-clock execution services.
NEONET EXPANDS ITS ASIAN OFFERING WITH THE HONG KONG AND SINGAPORE STOCK
Simon Nathanson: "We have seen strong demand for Asia, and by expanding our offering further, we give our buy- and sell-side clients even more to choose from"
The exchanges join NeoNet's growing presence in Asia, where connections to the Tokyo Stock Exchange, Osaka Securities Exchange and Jasdaq Securities Exchange were announced earlier this year. NeoNet's global offering now consists of 25 marketplaces across Europe, the US and Asia."Following the successful addition of Japanese markets in March, we are now delighted to take the next step by adding Hong Kong and Singapore to our growing offering of marketplaces. We have seen strong demand for Asia, and by expanding our offering further, we give our buy- and sell-side clients even more to choose from" said Simon Nathanson, CEO of NeoNet. "This is in line with our long term strategy to continuously expand our offering with new marketplaces and advanced trading functionality" concludes Nathanson.
Greg Treacy, Director of US Sales, NeoNet, comments: "Our clients are increasingly looking to the Asian economies. Hong Kong and Singapore provide opportunity and value for clients trading into the Asian region, and with the sustained growth in various Asian countries including China, Hong Kong and Singapore continue to serve as a viable entry point. By adding such markets to NeoNet's Execution Services, we are ensuring that our clients can access this liquidity quickly and seamlessly using our highly regarded DMA and Execution Desks".
In addition to Hong Kong and Singapore, NeoNet offers trading access to the following exchanges: American Stock Exchange, Amsterdam, Brussels, Copenhagen, Dublin, Frankfurt, Helsinki, Jasdaq, Lisbon, London, Madrid, Milan, Nasdaq, NYSE, Osaka, Oslo, Paris, Stockholm, Swiss Exchange, Tokyo, Toronto, Vienna and Virt-x. click here to return to the top of the page
