Tuesday, June 27, 2006

N2N To Offer Widest Global Market Access

Stockbroking firms and financial institutions in Malaysia will soon be given the opportunity to have direct access to major markets of the world following N2N Connect Bhd's (N2N) strategic alliance with London-based Blue System Incorporated (BSI).

Through the MESDAQ-listed company's partnership with BSI which provides market data, analysis and trading solutions to the global financial services industry, direct cross border access to more than 50 futures, commodities and equities markets in U.S, Australia and Europe will be available to Malaysian financial institutions.

It is believed that this is the first time in the country that direct access to multiple asset classes across multi markets is being made available, N2N Connect said in a statement. It said that while BSI will offer N2N customers direct access to U.S, Australia and Europe, N2N will provide direct access to Asian markets, starting with Malaysia, Singapore and Hong Kong, to BSI's customers.

"N2N's comprehensive financial portal enables our customers to offer a heightened level of service to their own end-user customers. Our aim has always been to help our customers broaden their service offerings and to grow their business," N2N managing director Andrew Tiang said.-- BERNAMA


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