Global market maker Getco today announced the acquisition of the Designated Market Maker ("DMM") business from Banc of America Specialists, Inc., BofA Merrill Lynch's New York Stock Exchange ("NYSE") DMM unit.
SunGard has extended the order routing connectivity of the SunGard Global Network (SGN) with a new link to GETMatched Europe, GETCO's European broker crossing network.
A group of five financial institutions, including Goldman Sachs and BofA Merrill Lynch, have acquired minority stakes in Chi-X Global, which operates trading platforms in Canada and Japan.
The London Stock Exchange (LSE) has offered the UK Competition Commission no objections to the proposed merger between Bats Europe and Chi-X Europe, arguing that, if needed, a new player could quickly be established.
Leading global market maker Getco today announced that it has acquired 100% ownership of Automat, a proprietary trading firm. The terms of the transaction were not disclosed.
A group of proprietary trading firms have set up a European lobby group as they prepare for greater regulatory scrutiny of high-frequency trading.
Chi-X Global is in advanced talks with four trading firms and banks to take a minority stake in the alternative share trading platform operator reports the FT, citing "three people familiar with the matter".
Five Chicago dealers have teamed up with the Chicago Mercantile Exchange to launch a new interest rate swaps trading platform in anticipation of financial reform measures designed to push over-the-counter derivatives trading to exchange-based systems.
Getco, a global electronic trading and technology firm, today announced the European launch of Getco Execution Services (GES).
A US Senator has called on the Securities and Exchange Commission to review its "revolving door" policy, which sees many senior staffers leave for jobs with firms they once regulated.
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