FIM Bank using Neonet for Nordic access

FIM Bank will use Neonet's technology platform, Neonet XG, to access the Nordic markets. Neonet's trading platform will be delivered as a fully managed service to give FIM access to Nasdaq OMX's new Nordic exchange system INET.

In addition, Neonet will provide FIM with its smart order routing technology accessing the liquidity on the extensive number of new growing alternative markets such as Burgundy and Chi-X. FIM will also leverage the new trading platform to consolidate and add access for their proprietary trading business.

Sebastian Wikström, head of capital markets at FIM Bank said: "We chose Neonet due to their leading technology delivered as a fully managed service. To keep up with the regulatory and technology changes in the market we need a partner that is actively participating in this transformation. Neonet will provide us with a proven solution that we can tailor to fit our specific needs."

February 2012

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