Trade execution

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/Trade execution

ECB settles on T2S pricing

The European Central Bank has settled on a delivery-versus-payment price of 15 cents per instruction for the Target 2 Securities system.

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FPL calls for industry-led European consolidated tape

FIX Protocol Limited (FPL) has submitted a proposal to securities regulators urging an "industry led solution" for the establishment of an authority overseeing the delivery and governance of a European consolidated tape.

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Industry plans European consolidated tape working group

Ian Cohen, chairman of the Association of Financial Markets in Europe (AFME) talks with Finextra about the politics and logistics around developing a consolidated tape for European market data.

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MTS plans pan-European corporate bond platform

MTS, the electronic fixed income trading market majority owned by London Stock Exchange, says it plans to launch a pan-European corporate bond platform for the wholesale market.

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Nasdaq OMX launches Nordic dark pool

Nasdaq OMX Nordic is launching a dark pool for regulated cash equity markets in Stockholm, Copenhagen, Helsinki and Iceland.

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S&P attacked over Cusip fees

Three influential US trade bodies have called on the Securities and Exchange Commission to crack down on the fees charged for securities identifiers by Standard & Poor's.

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Chi-East dark pool launches

Chi-East, the pan-Asian dark pool joint venture from the Singapore Exchange (SGX) and Chi-X, has launched.

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European Parliament backs dark pool regulation

The European Parliament's economics committee has backed a report calling for tougher regulation of dark pools and high-frequency trading.

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Deutsche Börse to buy minority stake in ID's RFQ-hub

Deutsche Börse is buying a minority stake in Investors Derivatives solutions (ID's), a Paris-based technology provider that has developed a request for quotes (RFQ) hub.

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Nasdaq OMX launches cloud-based data-on-demand service

Nasdaq OMX has launched a service that lets customers access huge amounts of historical Level 1 tick data, on demand, from the cloud, eliminating the need for ever-growing in-house databases.

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LSE hints at foul play over Turquoise outage; Sets migration delayed

The London Stock Exchange says human error, possibly in "suspicious circumstances" was at fault for an outage on its Turquoise trading platform this morning, raising the spectre of foul play.

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ICE launches iPhone app; posts 10% Q3 net income rise

IntercontinentalExchange (ICE) has acquired TradeCapture OTC for an undisclosed price and used the vendor's technology as the basis for an iPhone and iPad application.

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Iosco sets out plans for dark pool transparency

Dark pool trading needs to be made more transparent to ease growing concerns about price discovery, fragmentation and potential risks to market integrity, according to the International Organization of Securities Commissions (Iosco).

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ECB issues price plan and revised timetable for T2S

The European Central Bank has published its latest pricing proposal for the Target 2 Securities initiative, which sets a tariff for a delivery versus payment (DvP) instruction at 15 cents.

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Betfair-backed retail trading platform LMAX launches

LMAX, a Betfair-backed online trading platform for retail contracts for difference (CFD) and foreign exchange investors, has launched.

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The forgotten space

Omgeo sheds light on the post trade pre settlement space.

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State of world

HSBC weigh in on OTC regulations and the impact of AIFMD.

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Automating exchange traded derivatives

Philippe Chambadal of SmartStream discusses the cost and risk implications of inefficient ETD processing.

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SGX in ASX takeover talks - report

The Singapore Exchange (SGX) is set to make a takeover offer for the Australian Securities Exchange (ASX), according to local press reports.

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Turquoise now world's fastest trading platform - LSE

The London Stock Exchange is hailing Turquoise as the world's fastest trading platform, with an average latency of 126 microseconds, following its migration to the MillenniumIT technology system.