15 April 2008
The Warsaw Stock Exchange (WSE) and Neonet have agreed that the WSE will use Neonet XG Market Gateway as an access solution (Independent Software Vendor) to communicate with its members.
The development allows WSE members to trade on the exchange using their own membership through Neonet XG's technical infrastructure.
By using Neonet XG Market Gateway as an access solution (Independent Software Vendor), the Warsaw Stock Exchange allows its members to leverage Neonet's high-speed technology, exchange connectivity and infrastructure, without necessarily using Neonet's brokerage services.
"We believe that choice is essential in the financial markets. By connecting to Neonet XG Market Gateway, the Warsaw Stock Exchange provides choice for its members," says Simon Nathanson CEO Neonet. "For those that would rather concentrate on their core skills - their trading activity - rather than on building, managing and maintaining their connectivity to the exchange, Neonet XG offers the solution."
Neonet Execution Services enable clients to trade efficiently on more than 30 markets across Asia, Europe and the North America* via Neonet's membership. Neonet XG offers a suite of trading software solutions, including XG Market Gateway, Market Data, Broker Connect and Trader.
Neonet XG Market Gateway is today connected to more than 30 markets in Europe, which now includes the Warsaw Stock Exchange.
The Warsaw Stock Exchange currently has 46 Exchange Members, including 19 Remote Members.
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