Neonet Securities, the independent agency broker and execution specialist, today announced that it has integrated with Quod Financial, the provider of adaptive trading technology. The integration offers mutual customers using Quod Financial’s technology access to trading with Neonet as an agency broker.
“We are excited about offering prospective and existing customers using the Quod Financial’s scalable and resilient order management and routing functionalities access to our range of execution services,” said Tim Wildenberg, Chief Executive Officer of Neonet. “The two companies share a strong knowledge of smart order routing and execution algorithms and the integration further expands Neonet’s distribution network for our agency brokerage services and our wide range of regulated lit and dark execution venues across Europe and North America.”
“We are pleased to work with a Neonet with a strong legacy within electronic brokerage in the European marketspace,” said Ali Pichvai, Chief Executive Officer of Quod Financial. “With a live customer on QuodNet, it enables our clients to access premier Neonet execution services and its strong presence in the Nordic region and throughout Europe.”