Neonet's EMS platform accesses UBS electronic trading suite
First Published Monday, 29th June 2009 from Automated Trader : EMS News
Neonet's buy-side clients can now access UBS suite of trading strategies for equities execution
Tim Wildenberg, Head of UBS Direct Execution for EMEA: "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."
Neonet, the provider of agency brokerage services and trading technology, has announced that buy-side clients may now utilize Neonet's advanced trading platform to access the UBS suite of trading strategies for equities execution. UBS is the most recent addition to Neonet's EMS broker access offering.
Neonet says that its Execution Management Systems (EMS) enables traders to effectively manage their trading and gives the buy-side trader a consolidated view and improved work-flow by not having to switch between different systems. Buy-side clients will be able to utilize this technology platform to access UBS algorithms and direct market access (DMA).
Commenting on today's announcement, Tim Wildenberg, Head of UBS Direct Execution for EMEA, said: "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."
Per Andersson, Global Head of Sales at Neonet comments: "We are committed to offering buy-side firms advanced trading solutions to ensure they achieve optimal management of execution desk workflow. We continue our work in this area with the addition of UBS so that their buy-side clients have the opportunity to use Neonet's technology platform. Neonet matches the growing demand for advanced low-latency trading, broad marketplace coverage whilst offering a short implementation time of the service."