Neonet Signs Prize Capital Markets

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Prize is using Neonet for its execution side, after outsourcing most of its business processes.

Oslo-based broker Prize Financial has selected Neonet for its managed execution services.

The broker, which will primarily trade in Nordic equities, will now focus on its research business and has taken the decision to outsource all functions outside of that, choosing Neonet for the execution side.

"Outsourcing our execution services to Neonet offers substantial advantages over the alternative set-ups we considered, and it gives our institutional clients access to a broad range of markets," says Jørn Kjørsvik, head of equities, and a partner at Prize Capital Markets. "With Neonet's Smart Order Router, our clients benefit from superior execution quality."

As well as Nordic equities, Neonet's services extend across European and US venues, both in terms of primary markets and multilateral trading facilities.

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