Neonet names Alasdair Haynes new Chairman

STOCKHOLM - April 24, 2014 - PRLog -- Neonet Securities AB, the independent agency broker, today announced that it has appointed Alasdair Haynes as its new non-executive Chairman. Mr. Haynes, who has been a member of the Neonet board since February 2013, replaces Peter Melbi, who is moving on to another board directorship.

Mr. Haynes is the founder and chief executive of pan-European cash equities trading platform Aquis Exchange and previously headed up Chi-X Europe. Before that, he led the European and Asian operations of international electronic broker ITG Inc. and held senior positions at investment banks, including HSBC and UBS.

Commenting on the appointment, John Ashdown, Managing Partner at Hay Tor Capital* said: “Both KAS BANK and Hay Tor Capital are delighted that Alasdair has agreed to chair the board of Neonet Securities. His reputation and track record in the financial services sector are widely recognised in the pan-European marketplace and his leadership will be a tremendous asset to the Company as it continues to build its client offering and market presence across Europe. We are delighted to welcome Alasdair into this role and thank Peter Melbi for his contributions to the Company over the last two years.”

Haynes added, “It’s a great honour to be asked to chair Neonet and I am looking forward to working even more closely with the rest of the board and the management group to develop and continue growing the business.”

Mr. Haynes’ appointment is subject to formal approval by the Swedish Financial Supervisory Authority.

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Media contacts

Neonet
media@neonet.com

Hay Tor Capital
John Ashdown, Managing Partner
jashdown@haytorcapital.com
+44 (0)20 7479 4981

Aquis Exchange
Belinda Keheyan
+44 (0)20 3597 6329
www.aquis.eu

About Neonet
Neonet is an execution service provider that offers independent, flexible and transparent execution services, which significantly reduce the cost of trading for users. All trades are executed on regulated markets and Neonet does not engage in proprietary trading or any other financial activity that could result in any potential conflicts of interest. Neonet serves clients in over 20 countries. www.neonet.com

About Hay Tor Capital
*Hay Tor Capital LLP is the majority (64%) shareholder in Neonet. KAS BANK N.V. has a 20% stake in Neonet.

Hay Tor Capital is a specialist financial services investor, with exceptional expertise in global markets and a clear understanding of the technological and operational needs in financial markets undergoing significant change.  We have many years of experience creating, operating and driving performance at leading equities and capital market firms.
Hay Tor Capital is currently in the process of making other investments in the European Financial Services arena as the industry reshapes itself in response to changing regulatory and capital requirements. www.haytorcapital.com

About Aquis Exchange
For more information on Aquis Exchange, please go to www.aquis.eu