Fim Bank Chooses Neonet’s Trading Platform with Smart Order Routing TechnologyNeonet, the global agency broker and trading technology provider, announces that FIM Bank Ltd will use Neonet’s technology platform, Neonet XG, to access the Nordic markets.
Neonets trading platform will be delivered as a fully managed service giving FIM access to NASDAQ OMXs new Nordic exchange system INET. In addition, Neonet will provide FIM with its leading Smart Order Routing (SOR) technology accessing the liquidity on the extensive number of new growing alternative markets (e.g. Burgundy, Chi-X). FIM will also leverage the new trading platform to consolidate and add access for their proprietary trading business.
“We chose Neonet due to their leading technology delivered as a fully managed service, says Sebastian Wikstrm, head of capital markets at FIM Bank Ltd. To keep up with the regulatory and technology changes in the market we need a partner that is actively participating in this transformation. Neonet will provide us with a proven solution that we can tailor to fit our specific needs. The sophisticated Smart Order Router giving access to the liquidity venues will enhance our offering to our existing and future clients.
D.C.