695 articles tagged with this keyword
News/Algorithmic trading
US trading technology vendor Nyfix has launched its Euro Millennium platform, a UK regulated multi-lateral trading facility (MTF) for non-displayed liquidity in pan-European listed cash equities.
17 March 2008
Nyse Euronext says it is launching a new "routing and price improvement service" that will provide users of its Arca electronic trading platform with access to non-displayed liquidity.
13 March 2008
There are more than 55 different execution venues competing to match buyers and sellers and trade equities electronically in the US, according to a new report from analyst group Tabb.
06 March 2008
The Toronto Stock Exchange is gearing up to launch a new trading facility designed specifically for "high-velocity traders" using automated and algorithmic trading strategies, which will operate alongside its central limit order book.
28 February 2008
The newly merged Nasdaq OMX Group is acquiring a 20% equity stake in Agora-X - a new US marketplace for over-the-counter (OTC) commodity contracts - for $7.5 million.
US institutional broker Weeden & Co has teamed with New York's Pragma Financial Systems to launch OnePipe, a single crossing network that taps up to 25 dark liquidity pools.
26 February 2008
Turquoise, the multi-lateral trading facility established by nine leading European investment banks, has chosen BT to provide secure hosting for its trading platform and low-latency connectivity.
Former employees of Swedish trading system vendor Orc Software, who left the vendor in acrimonious circumstances in late 2006, have resurfaced at the helm of a new auto-trading company called Tbricks.
25 February 2008
Japan's Mitsubishi UFJ Securities (MUS) has completed the first phase roll-out of a new algorithmic execution service which is based on technology developed by UK vendor Fidessa.
20 February 2008
BNY ConvergEx is establishing a new broker dealer division in the UK that will house all its European-based businesses and services for the institutional investment community.
11 February 2008
Interagency broker Instinet is gearing up to launch its Chi-X alternative trading system in Australia which will compete with services provided by the Australian Stock Exchange (ASX).
08 February 2008
BNY ConvergEx is to provide users of its Eze order management system with direct access to options algorithms developed by Credit Suisse's Advanced Execution Services (AES) unit.
05 February 2008
Lee Hogkinson, CEO of virt-x says Europe's incumbent exchanges are about to enter a 'perfect storm' of new competition driven by powerful forces of deregulation and tremendous advances in the speed and intelligence of trading technology.
30 January 2008
BNY ConvergEx has released TactEx, a suite of advanced direct market access (DMA) order types that allow traders to access dark and displayed liquidity simultaneously.
25 January 2008
Credit Suisse has appointed Manny Santayana as head of sales at its advanced execution services (AES) unit, replacing industry veteran Richard Balarkas who announced a surprise move to Instinet Europe last month.
17 January 2008
Lehman Brothers has launched a liquidity search algorithm for the US listed options market.
30 November 2007
Around 90% of futures trading will be conducted through automated dealing platforms - including market making and quantitative black-box trading systems - by 2010, according to the latest estimates from Tabb Group.
28 November 2007
The market for low-latency messaging middleware is set to rise from $95 million in 2007 to $168 million in 2010, a three-year compound annual growth rate (CAGR) of 107% as investment banks ramp up spending on the technology to cope with rapidly increasing message volumes, according to forecasts from Tabb Group.
21 November 2007
New Jersey-based Knight Capital Group has signed an agreement to acquire privately-held trade execution outfit EdgeTrade in a cash and stock deal worth around $59.5 million.
19 November 2007
Increasing use of rules-based automated technology will result in as much as 80% of global foreign exchange trading being conducted electronically by 2010, up from 62% at the end of 2006, according to new research from analyst group Tabb.
07 November 2007
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