Latest Trade execution News: Finextra Research

Deutsche Börse forced to suspend bond e-trading

Deutsche Börse has been forced to suspend trading in Government bonds over the Xetra electronic platform following a legal challenge by two local brokers.

07 January 2010

News/Trade execution

Finextra and the FISD partner for webcasts in 2010

The Financial Information Services Division (FISD) and Finextra have forged a partnership to deliver a series of video webcasts for market data and risk management professionals worldwide with a focus on real-time data management and delivery, reference data, and standards.

06 January 2010

News/Trade execution

Business demands to outpace trading tech budgets in 2010 - Tabb

Speed will continue to be the name of the game for US equity brokers in 2010 but business demands beyond latency may outpace trading technology budgets, according to a study from Tabb Group.

06 January 2010

News/Trade execution

Perot man charged with insider trading returns $8.6 million

A former Perot Systems employee accused of insider trading by the US Securities and Exchange Commission (SEC), has agreed to return $8.6 million in 'illicit profits'.

06 January 2010

News/Trade execution

Euroclear names HSBC man Howell CEO

Brussels-based depository Euroclear has appointed HSBC veteran Tim Howell chief executive officer, replacing Pierre Francotte who is quitting after 10 years in the role.

05 January 2010

News/Trade execution

Finextra signs off for Christmas and New Year break

The Finextra office will be closed after Tuesday 22 December, re-opening Monday 4 January.

22 December 2009

News/Trade execution

Dubai Financial Markets to buy rival Nasdaq exchange

Dubai Financial Markets (DFM) is to buy Nasdaq Dubai for $121 million in an effort to cut costs and restructure its business in the wake of the region's ongoing debt crisis.

22 December 2009

News/Trade execution

Deutsche Börse taps Corvil for latency measurement

Deutsche Börse has introduced latency monitoring and performance measurement technology from Corvil for high frequency traders on Xetra and Eurex.

21 December 2009

News/Trade execution

LSE to take control of Turquoise

The London Stock Exchange is to take majority control of Turquoise and merge it with its own dark pool Baikal under a deal agreed with the rival MTF's investment bank owners.

21 December 2009

News/Trade execution

Former Chi-X chief Randall moves to Equiduct

Peter Randall is to take over as chief executive officer of electronic exchange venue Equiduct, just eight months after stepping down as chief of rival Chi-X Europe for "personal family reasons".

18 December 2009

News/Trade execution

Bats plans US listings market

Bats Exchange has unveiled the latest stage of its assault on Nyse Euronext and Nasdaq OMX, outlining plans to launch a US listings market by next summer.

18 December 2009

News/Trade execution

Clearstream plans carbon trading settlement service

Deutsche Börse's Clearstream is set to launch a settlement and custody service for carbon trading rights called Global Emissions Market Access (Gema).

17 December 2009

News/Trade execution

CME Group launches CDS clearing

CME Group has begun clearing credit default swaps (CDS) as it moves to take advantage of increasing regulatory scrutiny of the market and compete with the rival InterContinentalExchange.

16 December 2009

News/Trade execution

LSE closes on joint venture deal with Turquoise owners - Bloomberg

The London Stock Exchange is close to agreeing a deal that would give it a 60% stake in a joint venture company combining its Baikal dark pool with investment-bank owned Turquoise MTF, according to Bloomberg.

15 December 2009

News/Trade execution

Canadian dealers to develop fixed income clearing counterparty

Canadian dealers are to work with the Canadian Derivatives Clearing Corporation (CDCC) to develop a central counterparty (CCP) and netting utility for Canada's fixed income market.

15 December 2009

News/Trade execution

Interactive Data acquires 7Ticks; creates new real-time trading unit

Interactive Data is to acquire low latency trading specialist 7Ticks and create a new real-time market data and electronic trading group to capitalise on emerging opportunities in wealth management and auto-trading.

14 December 2009

News/Trade execution

Nomura to launch pan-European dark pool

Nomura is to shift liquidity from its internal crossing network into a new FSA-regulated dark pool multilateral trading facility (MTF) for pan-European equities.

14 December 2009

News/Trade execution

Patsystems sets course for a prosperous New Year with $6 million TurkDex deal

Screen dealing vendor Patsystems has won a $6 million contract to provide exchange, trading and risk management technology to the Turkish Derivatives Exchange (TurkDex).

14 December 2009

News/Trade execution

US House backs reforms to clearing house ownership rules

US lawmakers have approved a bill that will place a 20% limit on collective bank ownership of derivatives clearing houses, despite fierce opposition from financial industry participants.

11 December 2009

News/Trade execution

Financial services strike to force Finns online

Around 30,000 financial services staff in Finland are set to go on a three day strike next week, leaving virtually all bank branches closed and online, ATM and in-store services subject to disruption.

10 December 2009