Latest Trade execution News: Finextra Research

DTCC moves a step closer to corporate actions standardisation

The Depository Trust & Clearing Corporation (DTCC) has released for public comment a first set of drafts of corporate action announcement messages under the international ISO 200022 format.

18 May 2010

News/Trade execution

S&P cuts Nyse Euronext rating on clearing plans; puts LCH.Clearnet on 'creditwatch'

Standard & Poor's has cut the credit rating of Nyse Euronext and warned that LCH.Clearnet may face a similar fate following the exchange's decision to sever ties with the clearing house.

14 May 2010

News/Trade execution

'Flash crash' post-mortem points to high speed trading curbs

Curbs on high speed trading in US markets appear inevitable as policymakers pore over the sequence of events that led to the dizzying plunge in the Dow Jones Industrial Average last week.

12 May 2010

News/Trade execution

Nyse Euronext dumps LCH.Clearnet to set up own European clearing houses

Nyse Euronext says it plans to start clearing its own securities and derivative trades in Europe from 2012, severing ties with LCH.Clearnet.

12 May 2010

News/Trade execution

SEC summons exchange chiefs in wake of Dow plunge

The SEC has summoned exchange bosses to Washington for talks on how to prevent a repeat of Thursday's plunge in stock prices when the Dow Jones Industrial Average shipped more than 1000 points.

10 May 2010

News/Trade execution

Computer-based trading under scrutiny in Dow freefall

US regulators are scrambling to deal with the aftermath of a wild day of trading on the Dow Jones Industrial Average which shipped more than 600 points in seven minutes before the close of trading in New York.

07 May 2010

News/Trade execution

SunGard first quarter skewed by broker/dealer volatility

Despite expressing cautious optimism for the future, SunGard chief Cristóbal Conde says it is still too early to call the bottom of the market as Q1 figures show the financial systems powerhouse continues to grapple with long sales cycles, high pricing pressure and a rapidly changing regulatory dynamic.

06 May 2010

News/Trade execution

Nyse Euronext opens European liquidity data centre

Nyse Euronext has opened its European liquidity data centre and begun moving in customers it says will benefit from ultra-low latency co-location services.

05 May 2010

News/Trade execution

LSE trading fees under scrutiny

Executing a UK equity trade on the London Stock Exchange is significantly more expensive than on Chi-X or Bats Europe, with over 80% of the cost coming from trading fees, according to research commissioned by Euroclear.

04 May 2010

News/Trade execution

Nyse Euronext sells stake in India's NSE

Nyse Euronext has agreed to sell its five per cent stake in India's National Stock Exchange to Singapore state investor Temasek for more than $150 million, according to press reports.

04 May 2010

News/Trade execution

Equiduct in talks to take on Nasdasq OMX Neuro business

European electronic exchange venue Equiduct has moved to take advantage of Nasdaq OMX's decision to shut its Neuro MTF, entering into exclusive talks to migrate clients to its platform.

30 April 2010

News/Trade execution

FIA makes DMA risk management recommendations

The Futures Industry Association (FIA) has set out recommendations devised to help manage the risk related to direct market access to exchange networks.

30 April 2010

News/Trade execution

Technology, not regulation, key to fighting insider trading - survey

Insider trading is a systemic risk that is largely immune to regulation and instead needs to be tackled culturally and technologically, according to a survey of UK market players by MPI Europe.

28 April 2010

News/Trade execution

Nasdaq OMX waves white flag on pan-European ambitions

Nasdaq OMX is to shutter its pan-European Multilateral Trading Facility Neuro, marking the first signs of a forecast contraction in the crowded MTF market.

28 April 2010

News/Trade execution

LSE bid for high-frequency traders mocked by Bats

The London Stock Exchange's decision to change its tariff structure in a bid to win back high-frequency traders just months after scrapping an earlier scheme has been ridiculed by rival outfit Bats Europe.

22 April 2010

News/Trade execution

Thomson Reuters sets up mobile apps challenge

Thomson Reuters is challenging developers in an international competition to create innovative mobile apps for financial professionals.

21 April 2010

News/Trade execution

Thomson Reuters unveils high-speed global network

Thomson Reuters has unveiled a global high-speed data distribution network and hosting environment designed to enable financial firms around the world to access and share information.

20 April 2010

News/Trade execution

Turquoise to make 'big bang' migration from Cinnober to Millennium technology

The London Stock Exchange is planning a 'big bang' migration of the core Turquoise trading platform from Cinnober technology to the new Millennium Exchange trading system later this summer.

19 April 2010

News/Trade execution

CME sues Canadian FX broker over trademark infringement

The CME is suing a Canadian foreign exchange broker, accusing it of trademark infringement and cybersquatting relating to the Globex name, according to Crain's Chicago Business.

16 April 2010

News/Trade execution

Athens Exchange seeks tenders for market surveillance system

The Athens Exchange (Athex) has sent out a call for bids to provide it with a new market surveillance system.

15 April 2010