471 articles tagged with this keyword
News/Algorithmic 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).
10 December 2008
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.
03 December 2008
Richard Evans, Citigroup's global head of electronic trading has been made redundant in the latest round of restructuring at the struggling US bank.
28 November 2008
UBS has launched direct market access (DMA) on Bursa Malaysia, and rolled out its proprietary execution management system, UBS Sapphire, as the exchange prepares to switch to its new cash equities trading platform on Monday.
Credit Suisse is to use technology from Fixnetix to offer hosted low-latency trading support and ultra-fast direct market access to users of its Advanced Execution Services business.
17 November 2008
BNY ConvergEx has unveiled a new global smart order routing platform in response to the growth of new liquidity pools and multilateral trading facilities (MTFs) within Europe.
13 November 2008
Japanese bank Mizuho Financial Group is set to start electronic trading in Asia after snapping up a team of 16 former Lehman Brothers employees, according to a report from Bloomberg.
10 November 2008
Swedish automated trading software outfit Tbricks has raised EUR4 million from investors led by London-based venture capital firm DN Capital, which will be used to expand into Europe and the US.
BT has extended its low latency connectivity offering, Radianz Ultra Access, into Chicago.
GL Trade has reported Q3 revenue up 10.5% to EUR162.8m despite its front-office sales being hit in Europe and sales of its Tradix and Sierra solutions falling worldwide.
06 November 2008
The London Stock Exchange moved a step closer to ending the uncertainty surrounding its proposals to launch a dark pool for pan-European equities trading by naming former Lehman staffer John Wilson as chief executive of Baikal.
30 October 2008
Thomson Reuters has launched a hosted, low latency direct market data feed to the US Options Agency (Opra).
27 October 2008
BATS European Markets Division, Chi-X Europe and Nasdaq OMX Europe have formed an open, industry working group to develop a uniform symbology framework for trading European stocks.
22 October 2008
European securities industry leaders will gather at The Brewery in London this week for a 'state of the nation' debate about the future of trading in European markets.
13 October 2008
Swiss central counterparty SIS x-clear has been selected to provide clearing services for Euro Millennium, the dark pool established by Nyfix.
30 September 2008
Technology rather than headcount is the basis for managing risk in the clearing and settlement of equity trades, according to an executive with alternative trading platform Chi-X
18 September 2008
The London Stock Exchange maintains that its Baikal dark pool project remains "a sound business proposition" despite the bankruptcy protection filing by partner Lehman Brothers.
15 September 2008
Poste Italiane has contracted with French vendor Xiring for the supply of over 700,000 handheld authentication devices which it will roll out to users of its online banking services.
09 September 2008
Bank of China International (BOCI) has signed for Massachusetts-based Progress Software's algorithmic trading platform, Apama.
08 September 2008
Nasdaq OMX has won approval from the Financial Services Authority to commence trading as a Multilateral Trading Facility on 26 September. The platform is set to face fresh competition from a new MTF being launched by pan-European rival Nyse Euronext, codenamed Octopus.
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