Algorithmic trading

708 articles tagged with this keyword

/Algorithmic trading

Nyfix amends Euro Millennium matching algorithm in response to FSA clampdown

Nyfix has amended the matching algorithm on its Euro Millennium dark pool to limit crossing at the mid-point of the reference market price in an effort to comply with a new interpretation of the MiFID rulebook by the UK's Financial Services Authority.

/Algorithmic trading

Oddo & Cie deploys Chi-Tech trading platform

Independent agency brokerage Oddo & Cie has rolled out an algorithmic trading infrastructure platform from Chi-Tech, the technology services unit recently formed by Chi-X.

/Algorithmic trading

CBA goes live on Progress Apama

Commonwealth Bank of Australia's equities execution and trading division has gone live on the Progress Apama complex event processing platform.

/Algorithmic trading

SocGen launches Alpha x Europe crossing network

Société Générale Corporate & Investment Banking (SG CIB) has launched Alpha x Europe, a crossing network which matches clients' buy and sell orders on a particular stock through an anonymous execution platform.

/Algorithmic trading

Finextra weekly news review podcast

Visa takes action against service providers after data breaches, Dutch banks bid online for new customers, and the latest research on mobile banking and the Payments Services Directive - it's all in this week's news review podcast.

/Algorithmic trading

Ulf Axman appointed European business development head at Chi-Tech

Chi-X has appointed Ulf Axman as head of European development at Chi-Tech, the technology services arm of the exchange operator formed from its recent acquisition of Cicada.

/Algorithmic trading

Nasdaq OMX Europe plans dark pool

Transatlantic exchange operator Nasdaq OMX has outlined plans to launch a new pan-European dark liquidity trading venue, Neuro Dark, next month.

/Algorithmic trading

Hodgkinson appointed SmartPool head

SmartPool, the European exchange-led dark pool for block trading set up by Nyse Euronext, BNP Paribas, HSBC and JPMorgan, has appointed Lee Hodgkinson as its new chief executive officer

/Algorithmic trading

Finextra weekly news review podcast

Job cuts, regulatory developments, Web 2.0 in financial services and the latest in the fight against fraud - it's all covered in this week's news review podcast.

/Algorithmic trading

Goldman Sachs to launch Hong Kong dark pool

Goldman Sachs is set to launch its Sigma-X dark pool equity trading platform in Hong Kong this week, according to the Financial Times.

/Algorithmic trading

Nomura relaunches Lehman algo trading platform in Asia Pacific

Nomura has fired up the electronic trading platform of failed investment bank Lehman Brothers to provide clients with Direct Market Access (DMA) and algorithms, connecting to equity markets in Japan, Hong Kong, Singapore and Australia.

/Algorithmic trading

Swiss Exchange starts migration to new trading platform

SIX Swiss Exchange has gone live with its new SWXess modular trading platform, starting a migration period that gives member banks until April 9 to move off the old SWX platform. Swiss Bank BEKB | BCBE has become the first bank to connect to the FIX-based standard interface module, using the GLOX7 trading connectivity solution from GlobalXTrade.

/Algorithmic trading

Finextra launches Innovation Showcase

Finextra has launched the Innovation Showcase, a new feature on Finextra.com highlighting the most innovative financial technology developments over the past 12 months. Across a broad range of categories it showcases technologies that demonstrate uniqueness and impact, clever ways of solving a problem and projects at the leading edge of new industry trends.

/Algorithmic trading

Brazil's Ágora Corretora deploys Progress Apama for algo trading

Brazilian broker Ágora Corretora de Titulos e Valores Mobiliarios has rolled out Massachusetts-based Progress Software's Apama complex event processing (CEP) platform to support algorithmic equities trading.

/Algorithmic trading

LSE to press on with Baikal build as solo venture; names Ryland as CTO

The London Stock Exchange has appointed Mark Ryland as chief technology officer of Baikal, its forthcoming pan-European dark liquidity trading venue.

/Algorithmic trading

EuroCCP makes move on Spain as Turquoise gears up for expansion

DTCC subsidiary European Central Counterparty (EuroCCP) is to extend its footprint to Spain next month, as it provides clearing and settlement support for the next stage in the expansion of the bank-backed Turquoise trading platform.

/Algorithmic trading

LSE appoints Baikal commercial director and COO

The London Stock Exchange has appointed a commercial director and chief operating officer for Baikal, its forthcoming dark liquidity trading venue.

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Instinet execution data shows 'MTF effect' on European share trading

The success of new alternative European trading venues in winning business away from incumbent domestic exchanges has been demonstrated in the latest batch of execution figures released by Instinet Europe covering the 12 months since the introduction of the Markets in Financial Instruments Directive (MiFID).

/Algorithmic trading

Buy side shys away from block crossing as volatility increases - Tabb

Market volatility is forcing US equity trader to change their execution strategies, contributing to a marked decline in block trading over crossing networks, notes a new report from analyst group Tabb.

/Algorithmic trading

Citi restructuring claims electronic trading head Richard Evans

Richard Evans, Citigroup's global head of electronic trading has been made redundant in the latest round of restructuring at the struggling US bank.