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ELECTRONIC TRADING

NeoNet brokers a deal with Macgregor; OneChicago plans to list 23 new contracts on Nov. 22; IntercontinentalExchange elects a new board of directors.

NeoNet, a front-end trading systems vendor that provides institutional investor and broker/dealer clientele with electronic access to a wide variety of financial exchanges, has brokered a deal with Macgregor, a provider of buy-side-targeted trade order management systems and FIX applications. The agreement calls for a link from its front-end workstation software to Macgregor's financial-trading platform and FIX network. Via those interfaces, Macgregor's clients will have the ability to electronically route orders to a variety of markets -- including Nasdaq and stock exchanges in London, Frankfurt, Paris, Amsterdam, Brussels, Milan, Stockholm, Helsinki, Copenhagen and Oslo.

OneChicago, an all-electronic single-stock futures exchange that is jointly owned by the Chicago Board Options Exchange, Chicago Mercantile Exchange and Chicago Board of Trade, plans to list 23 new contracts on Nov. 22. The new contracts will include 22 more futures on single stocks and one future on Diamonds -- the exchange-traded fund contract that tracks performance of the Dow Jones Industrial Average. OneChicago, which executes trades via the CBOE's CBOEdirect electronic trading platform, was launched on Nov. 8.

IntercontinentalExchange, an all-electronic commodity trading market, has elected a new seven-member, independent board of directors. The new board, comprised of representatives of energy-industry market, has replaced ICE's outgoing board, which had been in place since the market's launch in March 2000. Members of the new board include D. Euan Baird, Charles R. Crisp, Jean-Marc Forneri, Sir Robert Reid, Frederic V. Salerno, Richard L. Sandor and Jeffrey C. Sprecher. Sprecher, ICE's chief executive officer, will serve as the chairman of the new board.

Communicator Inc., a provider of electronic-communications services, has signed a three-year contract extension with SecuritiesHub LLC. The agreement calls for Communicator to continue to manage and operate BondHub, a multi-bank, online portal for fixed-income prices and data. Eight of the world's largest financial institutions -- JP Morgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, Salomon Smith Barney and UBS Warburg -- contribute fixed-income content to BondHub. The portal now provides access to prices, research and data, on a daily basis, to roughly 22,000 institutional investors.

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