Neonet Adds Eurex Gold Futures Trading

Neonet has added Eurex gold futures to its derivatives trading offering. The derivatives will be based on the gold fixing of the London Bullion Market.

The fixing is provided by The London Gold Market Fixing Ltd., an international benchmark used by consumers, producers, banks and central banks.

In a statement, Simon Nathanson, President and CEO of Neonet said, "It's exciting that we are now expanding our offering with commodities trading. By allowing trading in gold futures at the international derivatives exchange Eurex, we are able to provide our clients with easy access to the gold market. We are connected to over 35 global marketplaces and we want to provide our clients with great choice when it comes to where, and in whatever, they can trade."

Neonet announced its connection to Eurex in February 2008 and continues to build on its derivatives offering on the exchange.