Trade execution

2046 articles tagged with this keyword

/Trade execution

Nyse Euronext preps European retail platform

Exchange operator Nyse Euronext is preparing to launch a platform specifically designed for European retail investors.

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Human error blamed for Indian 'flash crash'

India's National Stock Exchange (NSE) was forced to briefly halt trading this morning after 59 erroneous orders sent the Nifty index tumbling nearly 16% in a matter of minutes.

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Shortening US trade settlement cycle a big money saver - BCG

Shortening the time period between trade execution and settling payment for US cash securities transactions could reduce the industry's costs and risk exposure by several hundred million dollars a year, according to a report from the Boston Consulting Group (BCG).

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Former Chi-X CEO Haynes plans new trading venue

Former Chi-X Europe chief executive Alasdair Haynes is preparing to launch another alternative trading system in the region, according to Bloomberg.

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Germany preps HFT rules

The German cabinet is set to approve a draft law curbing high-frequency trading, according to Reuters.

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Nasdaq OMX partners Amazon on cloud platform for financial services firms

Exchange operator Nasdaq OMX has teamed up with e-commerce giant Amazon on a cloud computing platform for financial services firms to store data on.

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Nasdaq OMX defends $62m Facebook compensation package

Nasdaq OMX ha defended its proposed $62 million compensation offer to firms affected by the botched Facebook IPO, describing the package, in a letter to the SEC, as "fair and equitable".

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Plus disposes of derivatives arm

Plus Markets has agreed to sell its derivatives exchange to Pipeline Capital, a new company set up by former staffer Clive Connors.

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Former CME software engineer pleads guilty to code theft

A former senior software engineer at CME Group has admitted to stealing source code from the Chicago-based exchange operator at the same time as he was working to boost the technological performance of a Chinese bourse.

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Bloomberg takes Bids stake; opens access to liquidity pool

Bloomberg has teamed up with Bids Trading on a service, called BPool, which opens up access to the data provider's US equity marketplace.

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Asean Trading Link goes live

The cross-border trading link being established by a group of seven South East Asian stock exchanges has officially gone live, connecting Bursa Malaysia and Singapore Exchange.

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Deutsche Börse names HP's Hauke Stars CIO

Deutsche Börse has hired Hewlett-Packard's Hauke Stars as chief information officer, heading up the IT, market data and analytics operations.

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Chicago Fed calls for tighter control of high-speed traders

The Chicago Federal Reserve is calling for tighter controls on high frequency trading after finding that many firms are skirting the rules in the interests of speed-to-market.

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SEC fines Nyse $5m for market data distribution failures

The Securities and Exchange Commission has fined the New York Stock Exchange $5 million for giving proprietary customers a head-start by sending them market data before it went out to the public.

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FSA selects Nasdaq OMX market surveillance technology

The UK's Financial Services Authority (FSA) has signed for Nasdaq OMX's Smarts Integrity market surveillance system to help monitor transaction reports.

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CBOE to set up London derivatives hub

The CBOE Futures Exchange (CFE) is to establish a London hub and expand trading of its popular VIX contract to 24-hours in 2013.

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Study questions MiFID II HFT plans

A UK-government commissioned working paper on the economic impact of MiFID II has hit out at several key computer trading rule proposals, warning that they could damage economic growth.

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Financial firms fund study into use of supercomputers for market stability

An academic project exploring how supercomputing and data intensive science can be tapped to aid stability, regulation, and enforcement in US markets has received $100,000 in research donations from a collection of financial firms.

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Citigroup fined for fat-finger trade that floored stock price

Citigroup has been fined $30,000 by Australian securities regulators for a fat-finger trading error which caused the share price of a stock to plunge by 99%.

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Japanese watchdog slams TSE over trading outage

The Tokyo Stock Exchange has been ordered to overhaul its systems and processes following a computer glitch that halted trading earlier this month.