United Bankers Chooses Neonet for Enhanced Execution
Neonet, the independent Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services provider, announced that UB Securities Ltd has entered an Execution Service Provider agreement to increase execution quality throughout its business. The solution will allow UB Securities, part of the Finland-based United Bankers group, to trade in their own membership on chosen markets and through Neonet access on all other major MTFs and primaries in Europe and the Americas. Smart Order Routing technology, alternative market access, and strict quality control will give improved execution quality for UB Securities’ clients resulting in optimized prices at low cost.
Established in 1986, United Bankers is a privately held wealth management, fund management, investment banking and brokerage firm based in Helsinki. Throughout its history, United Bankers has focused on providing high quality brokerage services and personalized wealth management solutions.
“Looking at different alternatives, Neonet’s Execution Services solution proved to be the best fit for us as it allows us to maintain membership on our primary markets, while at the same time giving us access to Neonet’s execution quality and broad market access,” says Patrick Anderson, Partner and CEO, United Bankers group. “In addition we find the Cost+ model to be more of a membership like setup where we pay actual costs plus a margin. Reducing our fixed cost, we will be able to meet current market conditions with more flexibility and efficiency.”
“UB Securities choosing Neonet to help adjust to fluctuating volumes is another example of how our offering fits the new needs of Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term firms to adjust their business model,” says Petter Hedman, Sales Manager at Neonet. “By outsourcing their execution services to Neonet with access to Smart Order Routing Technology, UB Securities will be able to give their clients optimized prices at a low cost.”
Neonet, the independent Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services provider, announced that UB Securities Ltd has entered an Execution Service Provider agreement to increase execution quality throughout its business. The solution will allow UB Securities, part of the Finland-based United Bankers group, to trade in their own membership on chosen markets and through Neonet access on all other major MTFs and primaries in Europe and the Americas. Smart Order Routing technology, alternative market access, and strict quality control will give improved execution quality for UB Securities’ clients resulting in optimized prices at low cost.
Established in 1986, United Bankers is a privately held wealth management, fund management, investment banking and brokerage firm based in Helsinki. Throughout its history, United Bankers has focused on providing high quality brokerage services and personalized wealth management solutions.
“Looking at different alternatives, Neonet’s Execution Services solution proved to be the best fit for us as it allows us to maintain membership on our primary markets, while at the same time giving us access to Neonet’s execution quality and broad market access,” says Patrick Anderson, Partner and CEO, United Bankers group. “In addition we find the Cost+ model to be more of a membership like setup where we pay actual costs plus a margin. Reducing our fixed cost, we will be able to meet current market conditions with more flexibility and efficiency.”
“UB Securities choosing Neonet to help adjust to fluctuating volumes is another example of how our offering fits the new needs of Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term firms to adjust their business model,” says Petter Hedman, Sales Manager at Neonet. “By outsourcing their execution services to Neonet with access to Smart Order Routing Technology, UB Securities will be able to give their clients optimized prices at a low cost.”