Neonet and SimCorp to Provide Algo Trading Services

Independent agency broker Neonet and SimCorp have deepened their cooperation by further integrating their systems.

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

Independent agency broker Neonet and SimCorp have deepened their cooperation by further integrating their systems to offer algorithmic trading capabilities.

Mutual clients using the SimCorp's software will get access to Neonet's suite of execution algorithms and smart order router to access regulated trading venues and multilateral trading facilities (MTFs) across Europe and the US.

"We are pleased about working together with Neonet as one of the pioneers within electronic agency brokerage in Europe," says Georg Hetrodt, chief technology officer at SimCorp. "The extended algorithm integration with Neonet is in line with our ambition to provide services designed to support our clients in achieving the maximum return on their SimCorp solution investment and in improving their competitive advantage."

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