As of today TOM Smart Execution is connected to Bats Chi-X Europe, adding another trading venue to the Smart Order Router (SOR) and offering clients even better execution of their equity orders. With the connection to Bats Chi-X Europe, TOM Smart Execution now compares even more available prices across different pan-European exchanges.
TOM (The Order Machine) welcomes BNP Paribas as new member on the TOM MTF derivatives market.
Interactive Brokers has decided to offer trading on TOM to its brokerage clients as of 24 March 2014. Clients will be able to trade directly on TOM in derivatives.
Today the court in The Hague ruled that trading platform TOM may continue to offer options based on the AEX index and that TOM is allowed to refer to the AEX-index in the description of the options.
TMX Atrium, provider of smarter infrastructure solutions for the financial community, today announced that The Order Machine (TOM) has migrated from its previous trading location in Stockholm to TMX Atrium's new facilities in London. From multiple trading sites, clients can now access TOM at its new production and back-up sites.
TOM is pleased to announce that the matching engine has successfully migrated from Stockholm to the new standalone environment in London this weekend.
Nyse Euronext is suing Dutch MTF The Order Machine (TOM) for listing options based on the AEX index without a licence.
The Nasdaq OMX Group (Nasdaq:NDAQ) today announced that it has received the necessary regulatory approval for the completion of its acquisition of 25 percent of the Dutch cash equity and equity derivatives trading venue TOM, The Order Machine.
Nasdaq OMX has acquired a 25% stake in Dutch MTF The Order Machine (TOM) as it bids to build up its European equity derivatives business.
SunGard's Valdi Market Access service now provides access to TOM MTF, a multilateral trading facility located in Amsterdam, Netherlands, facilitating member participation on this new trading platform.
© Finextra Research 2015