Neonet Securities CEO Joacim Wiklander said that it successfully integrates brokerage and technology, while allowing the firms to retain control of key trading parameters.
"Banca Generali’s decision to expand execution beyond its primary market is significant, as it clearly displays the emergence of a new European trading landscape where Smart Order Routing is becoming a prerequisite not only for compliance, but also for competitiveness and client satisfaction," said Wiklander.
The services rendered by the bank will assist it to trade on the domestic market combined with Neonet’s Smart Order Router (SOR), algorithms and connectivity.
Additional benefits include extended access to European Multilateral Trading Facilities (MTFs) and if selected exchange sponsored dark pools.
Using the new solution, the bank can continue trading in the domestic market through its own membership, offering full integration with their existing front-end and Order Management Systems.
