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Jiway Chief Executive Appointed

Date 15/03/2000

Per Swensson, founder and former managing director of NeoNet Securities AB, the first electronic institutional brokerage in the Nordic region, has been appointed chief executive of Jiway.

Swensson, commenting on his objective to make Jiway work as a business, said, "With huge growth in internet access and electronic stockbroking, this is an extremely exciting time for retail investors. Jiway will revolutionise retail share trading across Europe with its single access point for trading, clearing and settlement.

"Jiway is an entirely new stock exchange concept, and it is my objective to turn that concept into a profitable reality." Lynton Jones, Chairman of Jiway, said, "Per's role will be central to the success of Jiway. Making cross border, pan-European on-line trading accessible to private investors is our goal, and Per is well equipped both in experience and support to make Jiway a reality."