Neonet provides NASDAQ OMX with European Consolidated Market Data

First Published Wednesday, 1 July 2009 from Automated Trader : EMS News

Neonet's European Consolidated Market Data powers NASDAQ OMX's Market Replay Europe

Simon Nathanson, President and CEO, Neonet: "By bringing relevant high speed market data into one consolidated order book, we eliminate the challenges related to market fragmentation and improve the market transparency."

Neonet, the provider of agency brokerage services and trading technology, has announced that its European Consolidated Market Data powers NASDAQ OMX's analysis tool Market Replay Europe.

Market Replay Europe allows users to view data from major European execution venues at any point in time. The tool is powered by market data collected and presented in Neonet’s Consolidated European Order Book. Neonet delivers high quality market data, tapped directly from connected exchanges’ and execution venues’ order books and fed through high-speed circuits to deliver a low-latency feed to clients.

In addition to the NASDAQ OMX Group, Neonet provides market data to the multi-lateral trading facility Turquoise, as well as to banks and brokerage firms throughout Europe.

“By bringing relevant high speed market data into one consolidated order book, we eliminate the challenges related to market fragmentation and improve the market transparency. By these means, Neonet helps market participants to ensure efficient market operations”, said Simon Nathanson, President and CEO of Neonet. “The agreement with NASDAQ OMX shows that it is important for leading exchanges, MTFs and other market participants with high-quality, high-speed market data.”


    More Like This...

  • Neonet wins World Finance Best Service Provider Award

      Simon Nathanson, President and CEO, Neonet: “This award is a recognition of Neonet’s dedication to serve our clients by providing leading solutions and services that facilitates global trading."
    The award, which pinpoints organizations that represent the benchmark of achievement and best practice in the business world, is determined by a panel of judges gathered by the financial publication World Finance....continued

  • Nomura's NX MTF goes live

    Nomura, the investment bank, has announced that NX MTF, the first principal broker dealer established Multilateral Trading Facility dark pool, has gone live....continued

  • AboveNet joins Interxion’s Financial Hub

      John Donaldson, AboveNet UK Managing Director: “The partnership with Interxion is vital to our growth strategy." Interxion, the European operator of carrier-neutral data centres, has announced an agreement with AboveNet, the high-bandwidth connectivity provider, to host a Point of Presence for its enhanced metro Ethernet, IP transit and international VPN services at Interxion’s London City data centre.

    “This investment in our network is good news for organisations looking for lower-latency, cost-effective and more secure connectivity for bandwidth-heavy applications, especially those in the financial sector.” said John Donaldson, AboveNet UK Managing Director....continued

  • Copyright © Automated Trader Ltd 2010
click here to return to the top of the page