Dealing rooms

1575 articles tagged with this keyword

/Dealing rooms

As ELX prepares for launch, TT chief rebukes talk of 'bad blood' with BGC Partners

Chicago screen dealing vendor Trading Technologies has hit back at media reports that 'bad blood' between TT chief Harris Brumfield and BGC Partners CEO Howard Lutnick could mar the debut of new futures exchange ELX.

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Markit acquires TZ1 environmental registry from NZX

Financial information group Markit has acquired the TZ1 environmental registry from the New Zealand Stock Exchange (NZX) in an all-share transaction valued at $37.1 million.

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Citi to ditch LavaX in favour of TradingScreen EMS

Citi is to switch from its inhouse LavaX execution management system (EMS) to a third party platform supplied by TradingScreen.

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Bank of New York Mellon takes stake in clearing counterparty IDCG

The Bank of New York Mellon has taken a minority stake in Nasdaq OMX majority-owned subsidiary International Derivatives Clearing Group (IDCG).

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Baikal wins FSA approval; phased launch to start this week

Baikal, the pan-European MTF and dark pool from the London Stock Exchange, has received regulatory approval from the Financial Services Authority and is beginning a phased roll-out from this week.

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Dark pool pricing set to tumble as Bats Europe enters fray

Bats Europe is to enter the increasingly crowded dark pool market in August with an aggressively priced system that will reward participants that add order volume whilst charging to remove liquidity in the dark.

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LSE axes jobs; considers scrapping TradElect

The London Stock Exchange is cutting around 120 jobs and considering dumping its TradElect platform, as new chief Xavier Rolet looks to restructure the business and fend off competition from a slew of smaller but nimble competitors.

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Nyse Euronext teams with Juniper to build faster network

Nyse Euronext has inked a deal with Juniper Networks to build an ultra-low latency core network for the transatlantic exchange's new data centres in the London and New York metro areas.

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Traders to tap Twitter?

StreamBase Systems is looking to take advantage of the Twitter craze by connecting its complex event processing (CEP) platform to the microblogging site, providing traders with a new source of news and information.

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CME Group chooses StreamBase CEP platform

Derivatives exchange CME Group has signed for StreamBase's complex event processing (CEP) platform to help it analyse real-time streaming data.

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TD takes Yieldbroker stake

The Toronto-Dominion Bank (TD) has acquired a stake in Sydney-based electronic trading outfit Yieldbroker. Financial terms were not disclosed.

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Thomson Reuters to exit from London listing

Thomson Reuters is to quit the London Stock Exchange and Nasdaq in favour of Nyse and the Toronto Stock Exchange as it moves to abandon its troublesome trans-Atlantic dual listed company structure.

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The Order Machine gets green light for best execution venture

Dutch market regulators have approved a broker license for The Order Machine - a 50/50 joint venture between BinckBank and Optiver set up to provide best execution and dark pool trading facilities for European equities.

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SunGard launches dark pool ATS

Fintech giant SunGard has moved into the crowded dark pool market with the launch of its own alternative trading system, a crossing network for US equity order flow.

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Avox sets up wiki for business entity identifiers

Deutsche Börse reference data subsidiary Avox is to set up a wiki for business entity identifiers in an effort to create a common data standard.

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Nyse Euronext pays $200m for 20% stake in Qatar Exchange

Nyse Euronext is paying $200 million to take a 20% stake in the newly formed Qatar Exchange, in a deal that will also see the transatlantic bourse provide the new venture's technology platform.

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Markit and CDP to launch climate change investment indices

Financial data outfit Markit is collaborating with the Carbon Disclosure Project to launch a family of investment indices reflecting the financial performance of companies with strong carbon management strategies.

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SEC bids to shed light on dark pools

Securities and Exchange Commission (SEC) chief Mary Schapiro says the agency is to step up its scrutiny of dark pools amid concerns about the risks posed to market transparency and integrity by the proliferation of off-exchange trading venues.

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Bank of England raises T2S concerns

The Bank of England has raised serious doubts over whether it will join the European Central Bank's Target2-Securities (TS2) integrated settlement system.

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Nyse Euronext and DTCC team on fixed income derivatives clearing house

Nyse Euronext and the Depository Trust & Clearing Corporation (DTCC) are teaming up to create a clearing house for US fixed income derivatives.