In a company announcement, real-time market data provider, Infront, announced a partnership with independent agency broker Neonet Securities. Customers of the Infront’s terminal will gain access to Neonet’s trading infrastructure. The partnership expands the choice of execution networks and venues for Infront customers, providing a new solution for market data, connectivity and trading.
Infront’s CEO, Kristian Nesbak stated, “We believe the combination of Neonet’s independent agency brokerage model with Infront’s independent market data, analytics and trading terminal will offer clients a compelling neutral and transparent solution for market data and trading across the Nordic region and beyond,” said Infront CEO, Kristian Nesbak.
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The partnership gives Neonet an alternative high-quality desktop front-end, allowing the firm to offer its customers a fully managed market data solution in tandem with expanded administrative functions including permissioning controls, exchange reporting and compliance.
Neonet’s CEO, Tim Wildenberg explained, “Our company has positioned itself as a transparent agency broker with a strong smart order router and algo offering combined with a newly launched CSA offering and a broad liquidity access across Europe and North America. We believe that this is an attractive value proposition for many buy- and sell-side users of Infront’s technology.”
Last year, Infront released its Twitterwires service, aiming to filter Twitter feeds for finance.