London - April 30 2010 - Equiduct today announced that they have entered into exclusive talks with NASDAQ OMX Europe (NEURO) about the potential for facilitating the orderly migration of NEURO client flow to the Equiduct platform.
NEURO and Equiduct will be working towards an agreement where clients have the option to migrate their flow using their existing connections to NEURO.
"Our top priority is to provide clients with the seamless ability to move from one platform to another," said Equiduct CEO Peter Randall. "We will be working closely with NEURO and its clients to meet this goal in the coming weeks." Randall added, "This is an important transition and we ask that NEURO clients stay connected to the NEURO platform while we conclude these talks."
Charlotte Crosswell, NEURO President said, "We are pleased to be working with Equiduct to allow NEURO clients to continue to effectively utilize their connectivity to the platform."
"More than 40 clients throughout Europe are connected to the platform. Upon successful completion of these talks they will have the option to take advantage of a seamless connection to the Equiduct platform."
Equiduct is a market segment of Börse Berlin, which is a Regulated Market Operator. In addition to offering a low latency "lit" venue for pan European stocks, Equiduct provides a unique product targeted toward retail aggregators, which helps them meet their best execution obligations.
Media Contact
Sophonie Robichon
sophonie.robichon@equiduct.com
Phone: + 44 (0)20 3595 1520