Trade execution

5331 articles tagged with this keyword

/Trade execution

LCH.Clearnet bids to resolve ownership

London clearing house LCH.Clearnet appears to have finally resolved the wrangling over its future ownership after proposing the redemption of over 40% of its shares at a price of EUR10 a piece - an offer accepted by its biggest shareholder, Euroclear Bank.

/Trade execution

Exchanges call on G20 to tackle dark pools

The World Federation of Exchanges (WFE) has urged G20 leaders to press for market reform to tackle the uneven playing field and eroded price discovery it claims has been caused by the emergence of alternative trading platforms such as dark pools.

/Trade execution

Citi, UBS and Deutsche Bank fined over outsourced IPO communications

Citi, UBS and Deutsche Bank have been fined a total of $425,000 by US regulators and ordered to pay customers up to $420,000 for failing to supervise communications related to the 2006 initial public offering of Vonage Holdings.

/Trade execution

EU's MiFID review to look at dark pools

The migration of share trading from regulated platforms to dark pools is to be examined by the European Commission as part of a wider review of the Markets in Financial Instruments Directive (MiFID).

/Trade execution

CME and Citadel ditch CDS trading platform plan to focus on clearing

CME Group and Citadel have abandoned plans to launch a credit default swaps (CDS) trading platform and will instead focus on offering clearing services for the $27 trillion market.

/Trade execution

SEC proposes flash ban; takes aim at credit rating agencies

The Securities and Exchange Commission (SEC) has proposed a ban on flash orders and agreed to tighten the supervision of credit ratings agencies.

/Trade execution

Bats plans second US equities exchange

Bats Global Markets says it will file an application with the SEC in the next few weeks for a second US equities exchange, which should launch early next year.

/Trade execution

Chi-X races to adopt faster messaging technology

Chi-X has signed an agreement with IBM to install its high speed messaging technology. This move is part of a larger race among liquidity providers to increase the speed of their services.

/Trade execution

CBOE delays launch of C2 electronic platform

The Chicago Board Options Exchange (CBOE) has put back the launch of a new electronic platform amid regulatory uncertainty, according to Dow Jones Newswires.

/Trade execution

LSE confirms £18m MillenniumIT deal

The London Stock Exchange has confirmed it will buy Sri Lanka's MillenniumIT for around £18 million and use the vendor's technology to replace its TradElect platform.

/Trade execution

LSE closes in on £50m MillenniumIT

The London Stock Exchange looks set to acquire Sri Lanka's MillenniumIT and tap the vendor's technology for its TradeElect platform replacement.

/Trade execution

Nyfix axes staff ahead of sale to Nyse Euronext

US trading systems vendor Nyfix is set to cut 40% of its workforce ahead of its $144 million sale to Nyse Euronext.

/Trade execution

BarCap takes minority stake in TradeWeb; unveils FX trading tools

Barclays Capital has taken a minority equity stake in TradeWeb, a provider of online markets owned by Thomson Reuters and a group of dealer-brokers. The size of the stake, nor the amount paid, was disclosed.

/Trade execution

LSE admits Baikal may fail

London Stock Exchange CEO Xavier Rolet has admitted the bourse's new pan-European MTF and dark pool, Baikal, "might not work" in the face of growing regulatory scrutiny.

/Trade execution

European court upholds Clearstream monopoly abuse charge

Europe's second-highest court has upheld a monopoly abuse charge brought by the European Commission against Deutsche Börse's settlement arm Clearstream five years ago.

/Trade execution

Nyse Euronext to sell options mart stake to dealer consortium

Nyse Euronext has agreed to sell a "significant" equity stake in one of the company's two US options exchanges to a consortium of market makers, including BofA Merrill Lynch, Barclays Capital, Citadel Securities, Citi, Goldman Sachs, TD Ameritrade and UBS

/Trade execution

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

/Trade execution

Mexican Exchange in talks to sell stake to CME Group

Bolsa Mexicana de Valores is in preliminalry talks to sell a minority stake to Chicago-based derivatives exchange operator CME Group.

/Trade execution

LSE closes in on TradElect replacement

Sri Lankan vendor MillenniumIT has emerged as the surprise favourite to provide the replacement for the London Stock Exchange's TradElect platform.

/Trade execution

Quote MTF launches into crowded market

Hungary-based Quote MTF has become the latest trading platform to enter the crowded post-MiFID European securities market.