Dealing rooms

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/Dealing rooms

CFTC panel recommends HFT curbs

A CFTC technology advisory committee has set out a range of proposals, including the introduction of price collars and a "kill button", to help check high-frequency trading.

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Rosenthal Collins fined $1m over TT patent case

A Chicago judge has fined Rosenthal Collins Group $1 million for misconduct in a patent infringement case involving Trading Technologies International.

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FPL launches FIXwiki

FIX Protocol Ltd (FPL) has launched FIXwiki, an interactive Web tool to help the trading community share knowledge and information about the front office protocol.

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Thomson Reuters partners Redkite on market surveillance

Thomson Reuters has struck a deal with Redkite that will see it offer the vendor's real-time market surveillance system over its Elektron data distribution network and hosting environment.

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LSE hosts virus-infected advert on Web site; ASX hit by glitch

Web browsers are warning users about visiting the London Stock Exchange Internet site after the bourse accidentally posted a virus-infected advert.

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Cinnober buys stake in FfastFill

Swedish trading technology vendor Cinnober has acquired a three per cent stake in UK rival FfastFill.

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LSE stutters as tech glitch hits trading

The London Stock Exchange resumed trading just after mid-day, having resolved a "market data issue" that knocked out the order book for four hours on Friday morning.

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Regulatory changes to spur brokers' market surveillance spending - Tabb

With regulatory reform on the horizon on both sides of the Atlantic, brokers across the US and Europe are set to spend over $200 million on new market surveillance programs this year, according to research from Tabb Group.

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LSE to launch pan-European derivatives platform

The London Stock Exchange is making a play for the European derivatives market, launching a platform based on technology from TMX Group.

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Nasdaq OMX said to ponder Nyse Euronext bid as Rolet predicts more mergers

Speculation is mounting that Nasdaq OMX could move to hijack Deutsche Bourse's bid for Nyse Euronext as exchange operators scramble for tie-ups in what LSE chief Xavier Rolet predicts is just the start of a round of consolidation that could leave as few as three super groups standing in five years.

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Yahoo! Finance launches iPad app

Yahoo! Finance has launched MarketDash, an iPad app that provides users with real-time market data, news and charts.

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Colt to buy MarketPrizm - FT

Telecoms firm Colt is on the verge of buying trading technology outfit MarketPrizm from Chi-x Global, according to the Financial Times.

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Borsa Italia glitches hit trading

Following a volatile day of trading yesterday thanks to the turmoil in Libya, Borsa Italia has been hit by technical problems this morning, leaving it unable to open as normal.

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Bats agrees Chi-X Europe acquisition

The rush by exchange operators to consolidate continues apace, with Bats Global Markets inking a definitive agreement to buy Chi-X Europe.

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Flash crash panel calls for HFT curbs

High-frequency traders could be charged fees for the disproportionate amount of orders they send under recommendations from a panel set up in the wake of last May's flash crash.

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Iosco supportive of switch from OTC to exchange-based trading

Moves to force trading in derivatives away from over-the-counter markets to exchange and electronic platforms will be broadly beneficial in increasing competition, transparency and risk oversight, according to a report prepared by international regulatory overview body Iosco

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Nasdaq OMX and ICE in talks - report

Merger-mania in the exchange trading space continues apace, with Nasdaq OMX and IntercontinentalExchange reaching a critical stage in tie-up talks, according to Fox Business Network.

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Vega-Chi MTF gets £1.6m Octopus investment

Investment management firm Octopus has invested £1.6 million in Vega-Chi, an electronic trading platform dedicated to European convertible and high-yield bonds.

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JPMorgan to cut costs and jobs by ditching trading platforms

JPMorgan Chase has ditched half of its 10 trading platforms in the last two years, and plans to get rid of another three by 2014 in a bid to save $300 million a year.

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Exchanges in flux: CME takes 'organic' route as Deutsche Börse and Nyse Euronext agree deal

Deutsche Börse and Nyse Euronext have reached agreement on a merger deal, creating the world's biggest exchange operator.