Trade execution

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/Trade execution

Twitter chatter influences stock prices - survey

Share price volatility is affected by the chatter of public opinion on social media sites such as Twitter and Facebook, according to UK financial professionals.

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LSE acquires controlling interest in Gatelab

The London Stock Exchange has acquired a 67% stake in Italian low latency software house Gatelab.

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Nyse Euronext to close New York Block Exchange

Nyse Euronext is shutting down its electronic block trading venue because of a lack of interest.

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New EU derivatives rules to come into force in mid-March

New rules on the processing of derivatives contracts over exchange platforms are set to come into force in mid-March after being passed by the European Parliament.

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DCM Capital auctions itself on line - starting bid £1

DCM Capital, provider of algorithmic sentiment analysis technology, put itself up for auction on its website today, with the tag line 'We're for sale'.

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Crowdcube becomes first regulated crowdfunding platform

Crowdcube, the equity crowdfunding website, is now authorised by the Financial Services Authority (FSA). The authorisation makes Crowdcube the only regulated equity crowdfunding platform where investors can become direct shareholders in UK businesses.

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US Treasury official to oversee LEI project

An official of the US Treasury Department's Office of Financial Research (OFR) has been selected to be chair of an international committee overseeing the launch of the Legal Entity Identifier (LEI), a global standard for financial data.

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Nasdaq OMX merges data and index units

Nasdaq OMX is merging its data and index businesses as it continues to seek ways to reduce its reliance on stagnating stock market volumes.

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Swift Trade loses appeal over £8m market abuse fine

Defunct day trading firm Swift Trade has lost its appeal against an £8 million fine for market manipulation handed down by the UK's Financial Services Authority in 2011.

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Slib upgrades IT infrastructure with IBM

Slib, a software publisher and Application Services Provider for the European financial services industry, has contracted IBM to help overhaul its IT infrastructure.

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Browser-based algo trading platform Quantopian emerges from beta

With funding from Spark Capital and Getco in the bag, Quantopian, a start-up building what it claims to be the world's first browser-based algorithmic trading platform, has emerged from beta.

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ConvergEx to sell Eze Castle Software and RealTick to TPG

ConvergEx is selling Eze Castle Software and RealTick to private equity firm TPG Capital. Financial terms of the all-cash deal were not disclosed.

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Nasdaq bids to become one of the world's leading technology organisations

Nasdaq OMX is to combine its Market Technology and Corporate Solutions businesses in an effort to reduce its reliance on stagnating stock market volumes and build "one of the top technology organisations in the world".

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Equiduct on the brink - FT

Pan-European electronic trading venue Equiduct could be forced to close down after being told that its largest shareholder Citadel Securities will stop market-making on the platform within weeks, according to press reports.

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Liquidity Alliance formed to tackle global collateral crunch

A group of five central securities depositories (CSDs) from around the world have formed a liquidity alliance designed to help solve the global collateral shortage prompted by the 2007 financial crisis and subsequent regulatory changes.

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Germany's HFT licensing plans draw market criticism

High-frequency traders and exchange operators have spoken out against German government plans to make HFT practitioners obtain prior authorisation to operate.

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SEC knocks back Nasdaq algo plans

The Securities and Exchange Commission has knocked back proposals by Nasdaq that would have allowed the exchange to compete with US brokers in the provision of algorithmic trading software tools.

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Twitter sentiment-based trading platform set for launch

The outfit behind a now-defunct Twitter sentiment-based hedge fund is bidding to tap the technology for a new online trading platform.

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Bats reveals system error has caused long term pricing problem

Bats Global Markets has warned traders that its systems have carried out hundreds of thousands of transactions over the last four years at prices that were not the best available.

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JPMorgan debuts new electronic client platform

JPMorgan has begun the roll-out of a new electronic multi-asset client trading system, consolidating more than 30 individual platforms into a single user interface.