Neonet, an independent agency broker and execution specialist, says it has joined Merkur Market, a multilateral trading facility operated by Oslo Børs. Merkur Market’s rules and regulations are less onerous than for companies listed on Oslo Børs and Oslo Axess.
Whilst Merkur Market is not a regulated market, it uses the Oslo Børs trading system, ensuring an orderly market with transparent order book trading. Market surveillance is carried out in the same way as for trading on Oslo Børs and Oslo Axess. “As an independent execution specialist, it is essential for us to offer comprehensive access to a range of liquidity sources for our clients and we therefore closely monitor the development of new venues and liquidity pools,” said Tim Wildenberg, chief executive officer of Neonet.