Trade execution

2046 articles tagged with this keyword

/Trade execution

Vardy resigns from Plus Markets

Plus Markets chairman Giles Vardy has stepped down following a shareholder-led revolt to forcibly oust him from the role

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LSE signs Delhi Stock Exchange to MillenniumIT platform

The Delhi Stock Exchange (DSE) has signed for equity, derivatives, FX trading and clearing technology from the LSE's MillenniumIT unit.

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BM&FBovespa taps Cinnober for clearing overhaul

Brazilian exchange operator BM&FBovespa has licensed technology from Swedish vendor Cinnober for a major revamp of its clearing operations.

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LME appoints Spanner MD, post-trade services

The London Metal Exchange has appointed former EuroCCP COO Trevor Spanner managing director of post-trade services.

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Hackers confuse German stock exchange with French rugby site

Hackers have knocked out a French rugby club fansite, mistaking it for Deutsche Börse's Dax portal.

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McGraw-Hill and CME Group form S&P/Dow Jones Indices JV

McGraw-Hill and CME Group have agreed a deal to pool their S&P and Dow Jones index businesses in a new joint venture.

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Malta Stock Exchange signs for Xetra e-trading platform

The Malta Stock Exchange is set to roll out Deutsche Börse's electronic trading system, Xetra.

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TMX Group board backs Maple takeover bid

The board of TMX Group has finally recommended that shareholders accept a C$3.8 billion takeover offer from a consortium of Canadian banks and pension funds.

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ASX trading hit by glitch as Chi-X waits in wings

Just days before the launch of a rival platform, the Australian Securities Exchange has been forced to halt trading for four hours by a "connectivity issue".

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BofE's Tucker calls for CCP reform

Paul Tucker, deputy governor of the Bank of England, says effective resolution regimes need to be put in place to help deal with the "mayhem" that would result if a central counterparty went bust.

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Dark pool operator Pipeline pays $1m to settle SEC case

Pipeline Trading Systems will pay $1 million to settle SEC charges that it failed to tell users of its dark pool that the vast majority of orders were filed by an affiliated operation.

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Plus Markets faces shareholder revolt

Plus Markets is facing a shareholder revolt calling for the dismissal of chairman Giles Vardy and the re-instatement of founder Simon Brickles to the board of the embattled company.

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Wedbush Securities sues Liquidnet over trade secrets

Wedbush Securities is suing two former employees and dark pool operator Liquidnet for allegedly stealing trade secrets related to a new private shares trading business.

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EC plans criminal sanctions for market abuse

The European Commission has vowed to get tough on insider dealing and market manipulation, proposing EU-wide rules on minimum criminal sanctions.

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MiFID reforms published; compliance bill to hit EUR732m in year one and EUR586m per annum thereafter

Financial markets in Europe are set to undergo a fundamental overhaul, as the European Commission rolls out new rules and regulations covering every aspect of the trade lifecycle, from pre-and post-trade transparency, through to execution and clearing and settlement.

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Securities watchdogs to step up HFT surveillance

Global securities regulators have called for stronger oversight of high frequency and algorithmic trading activity to 'mitigate the risks' posed by high-speed trading on market integrity and efficiency.

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Goldman Sachs and Morgan Stanley buy Chi-X Global stakes

A group of five financial institutions, including Goldman Sachs and BofA Merrill Lynch, have acquired minority stakes in Chi-X Global, which operates trading platforms in Canada and Japan.

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Quote MTF severs ties with Swift Trade

Pan-European equity trading venue Quote MTF has severed all ties with Peter Beck, controversial CEO of the former day trading firm Swift Trade, which has run foul of global regulators for alleged market abuse.

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SEC sanctions Direct Edge for weak controls

US electronic exchange operator Direct Edge has been sanctioned by the SEC for "weak internal controls" that led to trading losses of millions of dollars and a systems outage.

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European exchanges voice concern over HFT consultation's scope

Europe's exchanges have voiced their concerns that broker crossing networks are not being subjected to the same level of scrutiny as traditional bourses in the current debate on regulating automated trading.