Latest Trade execution News: Finextra Research

CME Group chooses StreamBase CEP platform

Derivatives exchange CME Group has signed for StreamBase's complex event processing (CEP) platform to help it analyse real-time streaming data.

23 June 2009

News/Trade execution

TD takes Yieldbroker stake

The Toronto-Dominion Bank (TD) has acquired a stake in Sydney-based electronic trading outfit Yieldbroker. Financial terms were not disclosed.

23 June 2009

News/Trade execution

Thomson Reuters to exit from London listing

Thomson Reuters is to quit the London Stock Exchange and Nasdaq in favour of Nyse and the Toronto Stock Exchange as it moves to abandon its troublesome trans-Atlantic dual listed company structure.

23 June 2009

News/Trade execution

The Order Machine gets green light for best execution venture

Dutch market regulators have approved a broker license for The Order Machine - a 50/50 joint venture between BinckBank and Optiver set up to provide best execution and dark pool trading facilities for European equities.

23 June 2009

News/Trade execution

SunGard launches dark pool ATS

Fintech giant SunGard has moved into the crowded dark pool market with the launch of its own alternative trading system, a crossing network for US equity order flow.

23 June 2009

News/Trade execution

Kuwait Stock Exchange selects Nasdaq OMX for new platform - report

Nasdaq OMX has beaten off competition from Deutsche Börse to win a contract with the Kuwait Stock Exchange (KSE) for the provision of a new electronic trading platform.

22 June 2009

News/Trade execution

Avox sets up wiki for business entity identifiers

Deutsche Börse reference data subsidiary Avox is to set up a wiki for business entity identifiers in an effort to create a common data standard.

22 June 2009

News/Trade execution

Nyse Euronext pays $200m for 20% stake in Qatar Exchange

Nyse Euronext is paying $200 million to take a 20% stake in the newly formed Qatar Exchange, in a deal that will also see the transatlantic bourse provide the new venture's technology platform.

22 June 2009

News/Trade execution

Markit and CDP to launch climate change investment indices

Financial data outfit Markit is collaborating with the Carbon Disclosure Project to launch a family of investment indices reflecting the financial performance of companies with strong carbon management strategies.

19 June 2009

News/Trade execution

SEC bids to shed light on dark pools

Securities and Exchange Commission (SEC) chief Mary Schapiro says the agency is to step up its scrutiny of dark pools amid concerns about the risks posed to market transparency and integrity by the proliferation of off-exchange trading venues.

19 June 2009

News/Trade execution

Bank of England raises T2S concerns

The Bank of England has raised serious doubts over whether it will join the European Central Bank's Target2-Securities (TS2) integrated settlement system.

18 June 2009

News/Trade execution

Nyse Euronext and DTCC team on fixed income derivatives clearing house

Nyse Euronext and the Depository Trust & Clearing Corporation (DTCC) are teaming up to create a clearing house for US fixed income derivatives.

18 June 2009

News/Trade execution

EuroCCP calls for 'Convention on Interoperability' for clearing counterparties

UK-registered clearing house EuroCCP has called for the adoption of a single standard 'Convention on Interoperability' that all central counterparties should sign, as the European clearing community struggles to implement a raft of bilateral agreements.

17 June 2009

News/Trade execution

Europe braces for MiFID II as regulators assess market impact

The Committee of European Securities Regulators says further regulations may be needed to address some of the unintended consequences arising from the introduction of the Markets in Financial Instruments Directive (MiFID) in 2007.

10 June 2009

News/Trade execution

Turquoise suspends trading after system outage

A system outage early on Wednesday forced bank-backed equity trading venue Turquoise to suspend trading until midday.

10 June 2009

News/Trade execution

Ballista gets funding

Ballista Holdings, operator of an ATS for block options and delta neutral orders, has received funding from a group of investors including the International Securities Exchange, Knight Capital Group, Morgan Stanley and Susquehanna Growth Equity.

09 June 2009

News/Trade execution

Omgeo and EuroCCP to develop central counterparty for hedge fund transactions

Post-trade utility Omgeo and clearing house EuroCCP have launched joint development of a pan-European equities central counterparty (CCP) service for hedge fund transactions.

08 June 2009

News/Trade execution

Bats releases new 'pre-routing display' system in face of Nyse opposition

Bats Exchange has released Bolt (Bats Optional Liquidity Technology), a pre-routing display system designed to give its users an advanced peek at unfilled orders ahead of the wider market, despite opposition from rival exchange Nyse, which has written to the Securities and Exchange Commission calling for a review of the practice.

04 June 2009

News/Trade execution

Nyse launches online community network for listed company executives

The New York Stock Exchange has launched an online community exclusively for executives of Nyse-and Nyse Amex-listed companies.

04 June 2009

News/Trade execution

Turquoise to seek more funding from backers

Consortium-backed European trading venue Turquoise is to tap its investors for a third round of funding as it vows to turn a profit by early next year.

04 June 2009