NeoNet’s Q1 Trading Volumes Up 78 Percent
CONNECTIVITY
STOCKHOLM—Officials at NeoNet, a Swedish direct access equities broker, announced strong first quarter results last week, with trading volumes rising 78 percent.
In its core markets of Stockholm and Helsinki—which represent 62 percent of the firms’ orders—volumes rose by 80 percent and 34 percent, respectively. Over the course of the quarter, the total number of clients increased from 188 to 197, officials say.
Simon Nathanson, NeoNet CEO, says that the new clients that came onboard in the last
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