2054 articles tagged with this keyword
News/Trade execution
Goldman Sachs, Morgan Stanley and UBS have agreed a deal that will allow their clients to access each bank's European dark pools.
08 May 2009
US stock trading venue Direct Edge has filed applications with the Securities and Exchange Commmission to convert into two national securities exchanges later this year.
Just days after revealing swinging price cuts, LCH.Clearnet has stepped up the pressure on rivals by agreeing new competitive clearing offerings for European MTFs Bats Europe, Chi-X, Turquoise and Nyse Arca Europe.
07 May 2009
Transatlantic exchange operator Nyse Euronext is to implement a new high-speed, ultra-low latency trading and market data network as part of a major data centre upgrade project in New York and London.
05 May 2009
LCH.Clearnet is to slash its fees by a third as it responds to the arrival of fresh competition inspired by an EU-mandated Code of Conduct for European clearing agreed last year.
01 May 2009
Nyse Euronext has restructured its planned investment in a Qatar exchange as turbulent markets and fierce pricing amid increasing competition contributed to a 55% slump in first quarter profits.
30 April 2009
The Depository Trust and Clearing Corporation has called off its pursuit of LCH.Clearnet after the parties failed to reach agreement over a proposed transatlantic merger.
29 April 2009
Recently launched MTF Nyse Arca Europe has joined Bats, Chi-x, Nasdaq OMX and Turquoise as the fifth member of an industry working group set up to develop and maintain a uniform symbology framework for European equities.
Trading systems outfit Fidessa is reporting "early signs of recovery in the market" in its interim management statement and is tentatively forecasting growth towards the higher end of current market forecasts for the rest of the year.
27 April 2009
An IBM survey of over 2750 banking executives worldwide forecasts a new world order for the financial services industry, characterised by a shift to specialisation, more transparency and lower overall returns.
SIX Swiss Exchange has completed member migration to its new SWXess platform, which went live in February.
24 April 2009
Equity electronic trading revenues in Asia Pacific are set to see a 17% fall this year, with liquidity sinking during the downturn, according to research from Tabb Group.
23 April 2009
Proposals to reduce risk in the trading of credit default swaps through the introduction of central counterparty clearing are badly flawed, according to research conducted at the Stanford Graduate School of Business.
22 April 2009
Chi-X Europe is to launch a dark liquidity pool in Q2 2009, subject to regulatory approval.
The London Stock Exchange has partnered with trading technology house Fidessa to build the order management and smart routing technology for Baikal, the LSE's forthcoming pan-European dark pool.
21 April 2009
The London Stock Exchange's director of equity markets, Martin Graham has quit ahead of a move to streamline the bourse's management structure under incoming CEO Xavier Rolet.
The Iraq Stock Exchange has begun the move to electronic trading, with five of the bourse's 91 companies migrating to a new system yesterday.
20 April 2009
Deutsche Börse is set to launch a pan-European market, based on its Xetra electronic trading platform, as it looks to take on the raft of new competitors to have emerged in the wake of MiFID.
16 April 2009
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.
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.
08 April 2009
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