Neonet Expands Algorithmic Trading Suite, Launches Capture Algorithm

Liquidity-seeking algorithm leverages existing models across trading venues.

Stockholm in Sweden
Neonet is an execution service provider based in Stockholm with offices in London.

The algorithm leverages a number of Neonet's existing algorithmic models and methodologies in both lit and dark markets, dependent on the level of urgency required to close the order.

"The client can control the algorithm by determining the urgency required to get the order completed in the market," says Tim Wildenberg, Neonet's CEO. "Capture combines the lessons we have learnt enhancing the execution quality in our algorithmic suite with the technology from our smart order router to distribute

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