UK trading venue Plus Markets has established a technology arm, Plus Trading Solutions, to sell white-labelled matching engines to European investment banks and brokers.
PLUS-SX has signed a Memorandum of Understanding with Interactive Investor, one of the UK's leading online financial services providers, to develop online trading for PLUS-SX stocks.
Plus Markets Group plc ("PMG" or the "Group") reports its preliminary results for the year to 31 December 2010.
Atrium Network, provider of smarter connectivity for the financial community, announced today that it offers connectivity to the Plus Stock Exchange (Plus-SX) which delivers cash trading and listing services.
Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, has announced that Plus-SX (a London based stock exchange) has deployed the Progress Apama Market Surveillance and Monitoring solution accelerator to stay ahead of ever-changing financial regulations.
Key highlights:
Plus Markets has narrowed its first half losses as a new management team embarks on an aggressive cost cutting programme that has seen headcount and technology expenditure slashed and the departure of vice chairman Simon Brickles.
Plus Markets has signed for market data and connectivity systems from Algo Technologies, with a deal for the vendor's matching engine also in the pipeline, as part of a wide-ranging restructuring and cost-reduction exercise.
In the first half of 2010, the Plus stock exchange's primary market performed well, with a high level of admissions, applications, fundraising and M&A activity.
The Plus stock exchange is pleased to announce that its market data is now available on the MoneyAM website.
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