5331 articles tagged with this keyword
News/Trade execution
British, Dutch and Swiss regulators have agreed a new framework for linkages between clearing counterparties in an effort to allay fears about systemic risks and inject fresh competition into the market.
12 February 2010
Brazil's BM&F Bovespa is increasing its stake in Chicago's CME Group to five per cent, at a cost of $620 million as part of an agreement between the two exchanges that will also see them jointly develop a multi-asset class electronic trading platform.
High speed trading firm Getco is set to go back to the future by taking up a position on the floor of the New York Stock Exchange as a designated market maker (DMM).
CME Group has struck a deal to take control of the Dow Jones stock index business through a joint venture with current owner News Corp that values the business at $675 million.
11 February 2010
US trading systems supplier Pragma Securities is to launch a dark crossing network designed to capture liquidity before the open and close of US markets.
10 February 2010
A group of 48 non-profits are tapping YouTube, Twitter and facebook for a UK campaign to introduce a "Robin Hood tax" on banks that they argue could raise hundreds of billions of pounds a year to fight poverty and climate change.
Merrill Lynch Japan Securities (MLJS) has unveiled the country's first third-party co-located service for low-latency electronic trading and direct market access to multiple execution venues.
09 February 2010
Thomson Reuters has boosted its direct market access capabilities through the acquisition of Aegisoft, a US-based provider of electronic trading and testing tools. Terms of the transaction were not disclosed.
The London Stock Exchange (LSE) has appointed Antoine Shagoury chief information officer (CIO) in a move that will see David Lester concentrate on the integration of recently acquired Turquoise with the Baikal dark pool.
A group of Asean stock exchanges have appointed Nyse Technologies to build a direct market access electronic trading link.
08 February 2010
Litigious US vendor Trading Technologies (TT) has filed patent infringement suits against Cunningham Trading Systems and Interactive Brokers.
05 February 2010
Shares in Icap slumped Friday morning as the company cut its forecasts and warned that new businesses are struggling to attain profitability. The UK interdealer broker also announced an agreement to acquire the outstanding shares in Swedish post-trade fintech venture TriOptima for an initial EUR109 million in cash.
Fraudsters have hit the international carbon market, using a phishing scam to steal around 250,000 permits worth over EUR3 million.
04 February 2010
The majority of financial institutions and corporations around the world agree that moving OTC derivatives trading to a system of centralised clearing would help manage risk but many market participants still harbour serious concerns about the prospect, according to a survey from Greenwich Associates.
Sybase has confirmed the acquisition of complex event processing vendor Aleri, as first previewed by Finextra earlier this week. Terms of the transaction have not been disclosed.
ICE Futures US has been reprimanded by the Commodity Futures Trading Commission for compliance failings that strained the firm's ability to adequately comply with self-regulatory obligations.
The London Stock Exchange is planning to migrate the UK cash market to its new Millennium IT trading platform in September 2010.
02 February 2010
Exchange operator CME Group is in talks to buy Dow Jones' index business for up to $700 million, according to the Wall Street Journal.
01 February 2010
The London Stock Exchange's electronic retail bond trading service has gone live, opening up the market to private investors.
Deutsche Börse is to cut up to 10% of its 3,300-strong workforce as it bids to lower costs in the face of strong competition, according to a report in German business daily Handelsblatt.
28 January 2010
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