Evli Bank Plc has become the first Finnish bank to adopt NeoNet’s XG application for cross-border electronic trading.
The investment bank Evli Bank Plc will use NeoNet XG for trading through their own membership on Nordic exchanges. NeoNet’s XG Trader front-end application will be used for order-entry.
NeoNet XG is a hosted system and software service for electronic securities trading. Clients’ trade on exchanges using their own memberships and leverage NeoNet’s high-speed technology, exchange connectivity and infrastructure.
“We are happy to have NeoNet as our preferred technology partner to deliver a high-performance trading solution. The NeoNet XG platform gives us an efficient solution for fast access to multiple exchanges,” says Pelle Holmertz, head, Evli’s Markets unit.
“The fact that NeoNet has been selected to deliver software services to Evli is an acknowledgement of our technology and in line with the strong interest we see from banks and brokers globally for NeoNet’s XG services,” adds Simon Nathanson, CEO, NeoNet.