Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

TOM Offers Best Execution In ETFs

Date 07/04/2014

As of today TOM offers best execution in Exchange Traded Funds (ETFs). The product scopenow consists of equities, options and ETFs. Offering best execution in these products is a unique approach in Europe. Clients can benefit from using a single TOM connection to trade awide  range  of  products  while  receiving  best  execution  in  all  those  financial  instrumentsaccording to MiFID requirements.

Willem  Meijer,  CEO  of  TOM  (The  Order  Machine):  “We  are  continuously  looking  for possibilities to expand our product offering and are therefore very pleased to add ETFs to our range of tradable instruments. We plan to expand the number of ETFs tradable via TOM in the near future as the market has seen significant growth in this asset class.”

Martijn Rozemuller, Managing Director of Think ETFs: “As the first Dutch issuer of ETFs we feel that this is a very positive development for the investor. ETFs are playing an increasingly important role in the market for investment products in the Netherlands, mainly due to the overall low costs of the product. The best execution mechanism of TOM has the ability toreduce the already low costs of trading even more.”