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Neonet Expands Its DMA Offering with Norwegian Equity Segment on Nasdaq OMX.

STOCKHOLM -- Neonet, the global agency broker, today announced the addition of direct market access to the Norwegian Equities segment on Nasdaq OMX Stockholm, complementing its wide Direct Market Access offering. The Norwegian Segment on the INET platform offers trading in the 32 most traded equities listed on the Oslo Stock Exchange's regulated market. Trading the new segment is enabled through Neonet's dynamic SOR technology or by directing orders.

"For Neonet, it is fundamental to develop our services by expanding our reach in line with client demand and ahead of competition," said Fredrik Lindqvist, President, Neonet Securities. "With the Norwegian Equity segment on Nasdaq OMX available to our clients, we now offer the widest DMA reach across all Nordic market venues, lit and dark."

Based in the Nordic region, Neonet provides DMA as well as advanced execution services to more than 40 of the leading exchanges and alternative trading facilities worldwide.

For further information, please visit www.neonet.com

Neonet is a global agency broker offering professional market participants independent, high-speed brokerage services based on advanced trading software solutions. Neonet's state-of-the art execution technology provides connectivity to markets across the EMEA, Americas and Asia-Pacific. Neonet's services include a comprehensive execution management system, advanced trading algorithms, smart order routing, market data services and a 24 hour trading desk for manual execution and support. Neonet's clients are found in over 25 countries and include banks, brokerage firms, institutional investors, hedge funds and trading venues. Neonet Securities is an Orc Software company. Orc Software is publicly traded on NASDAQ OMX Stockholm (SSE:ORC).

www.neonet.com

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Publication:Business Wire
Geographic Code:4EUSW
Date:Nov 15, 2010
Words:330
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