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January 23, 2006

NeoNet expands marketplace coverage

In response to growing demand for enhanced trading opportunities in Swiss equities, NeoNet, an agency broker, has enabled trading access to the SWX Swiss Exchange.

By CBR Staff Writer

NeoNet, which already offers clients high-speed market access to some of the world’s biggest stock exchanges, says that, with this addition, clients can leverage high-speed direct market access trading on 19 European and North American equity marketplaces.

According to NeoNet, there are over 460 equities and Exchange Traded Funds listed on SWX with an average monthly turnover of equities, ETFs and funds of CHF 9.8 billion. NeoNet claims clients have the choice of leveraging NeoNet’s high-speed direct market access or professional trading desk for order execution.

Simon Nathanson, CEO of NeoNet said, With the addition of SWX, we can offer our clients a comprehensive direct market access trading offering for Swiss stocks. We have a very attractive cross-border trading offering and will continue to further expand our advanced trading functionality and marketplace coverage to reinforce our strong position.

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