Innovative services with a solid technology base
Neonet’s execution services for the sell-side are built on a proven execution platform and high-performing, configurable technology solutions. The services go beyond traditional Direct Market Access by offering a cost-effective trading environment that addresses the increasingly complex trading venue landscape and provides a level of service equivalent to having one’s own exchange membership.
The services include Neonet’s configurable Smart Order Routing engine and extensive connectivity options to ensure compliance with MiFID’s Best Execution requirements. An innovative Cost+ fee structure is applied which is efficient and fully transparent to clients.
Using Neonet’s execution services allows sell-side market participants to focus solely on their core strategic services, eliminating the need for investments in trading technology and support staff, while lowering the costs of high quality, regulation compliant execution.
Benefits
Neonet provides high quality execution, global market access and cost-effective straight-through processing (STP), from trading to clearing and settlement.
A transparent Cost+ pricing model allows clients to benefit from Neonet realizing efficiencies and cost savings, as those benefits are passed down to clients. A cost based fee structure also helps to avoid potential conflicts of interest (e.g. execution style, preferred execution venue and clearing location).
Full access to Neonet’s configurable smart order routing (SOR) engine enables clients to implement execution strategies of their choice, together with rich, low-latency connectivity options. Customized reports are available to support SOR evaluation and configuration.
By partnering with Neonet, clients obtain top execution quality and compliance while realizing cost savings in execution, clearing and settlement, technology and overheads. Relieved from technology decisions and operational duties, clients can shift focus to growing and maintaining their core business.
A comitted service provider
For sell-side clients, Neonet offers:
- Best execution – Highly ranked execution platform with advanced configurable technology solutions.
- Independence – No conflicts from proprietary trading, internalization or ownership.
- Transparency – Cost+ pricing model and transparent reporting.
- Flexibility – Hosted and fully managed services built on technology blocks offered as a comprehensive service or integrated with existing client platforms.
Comprehensive offering
Neonet execution services for the sell-side include:
- Configurable Smart Order Routing technology
- Algorithmic trading
- Trading desk, trade support, surveillance and order handling
- Market gateways for execution in clients’ own membership/s
- FIX gateways for order and back office flow and FIX network connectivity
- Cost+ pricing – transparent and fully cost-based
- Advanced trading technology continually updated to meet clients’ changing needs
- MiFID-compliant mid and back office services in a stan- dardized framework for full STP handling
Best execution
Hosted and fully managed services built on technology blocks offered as a comprehensive service or integrated with existing client platforms.
Article - Equity execution services evolve to match urgent needs of sell-side firms