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Neonet Launches New Liquidity Seeking Algorithm
“Capture” the latest addition to Neonet’s algorithmic trading suite
“We are very pleased to announce the addition of our new algorithm ‘Capture’ which gives our clients a tool to find liquidity in various scenarios,” said Tim Wildenberg, Chief Executive Officer of Neonet. “The client can dynamically control the algorithm by determining the urgency required to get the order completed in the market. ‘Capture’ combines the lessons we have learnt enhancing the execution quality in our algorithmic suite with the technology from our industry leading Smart Order Router to distribute passive and aggressive orders in an optimal way across our wide range of trading venues.”
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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.
The company was earlier listed but is currently privately owned by a consortium of owners including Hay Tor Capital LLP, KAS Bank N.V., Nordic Capital / Cidron Delphi Intressenter AB and Neonet management.
For more information, please go to www.neonet.com
The Realization Group