Latest Trade execution News: Finextra Research

Nyse Euronext to manage exponential data growth with Greenplum

Nyse Euronext has selected a Greenplum Database to quickly process the high volumes of data produced by its exchanges on a daily basis. The transatlantic exchange will be using Greenplum technology to enable strategic reporting and other business intelligence applications.

19 December 2008

News/Trade execution

Euroclear to introduce ISO 200022-approved corporate actions standard

Euroclear is to introduce a new set of ISO 200022-compliant messages for the exchange of corporate actions information and instructions between central securities depositories and issuer-appointed agents,

18 December 2008

News/Trade execution

MF Global to exit US Futures Exchange

MF Global is to write off its 48% stake in ailing US Futures Exchange, spurring the mart to a last ditch effort to find a buyer for the business before the year end.

18 December 2008

News/Trade execution

Glitch knocks out TSX

Trading on the Toronto Stock Exchange and the small-cap TSX Venture Exchange is expected to resume Thursday morning after a technical glitch with data feeds shut both down for the whole of Wednesday.

18 December 2008

News/Trade execution

Nyse Euronext begins migration to Universal Trading Platform

Nyse Euronext has begun moving over to its new Linux-based multi-asset class, Universal Trading Platform (UTP) with the migration of European bond products.

12 December 2008

News/Trade execution

Nasdaq OMX names PHLX CIO William Morgan SVP, human resources

Nasdaq OMX has appointed former Philadelphia Stock Exchange chief information officer William Morgan as senior vice president, global human resources.

11 December 2008

News/Trade execution

Big Blue scores with Friends Provident and the Chilean Stock Exchange

UK life and pensions outfit Friends Provident has inked a 10 year, £200 million, IT and infrastructure services outsourcing deal with IBM.

10 December 2008

News/Trade execution

Instinet execution data shows 'MTF effect' on European share trading

The success of new alternative European trading venues in winning business away from incumbent domestic exchanges has been demonstrated in the latest batch of execution figures released by Instinet Europe covering the 12 months since the introduction of the Markets in Financial Instruments Directive (MiFID).

10 December 2008

News/Trade execution

JSE wins support for revised Bond Exchange tender

The Johannesburg Stock Exchange has reached agreement to buy the Bond Exchange of South Africa after raising its initial offer price by 39% from R173 million to R240.58 million.

10 December 2008

News/Trade execution

Cantor speculates on box office entertainment

Cantor Fitzgerald has filed an application with regulators to launch an exchange that will allow users to hedge and speculate on the financial performance of movies.

08 December 2008

News/Trade execution

Investment managers call for urgent UK reform following Lehman 'chaos'

The UK's Investment Manager's Association has called for urgent reform of stock trading and settlement rules after the 'chaos' inflicted on the markets by an escalation in failed trades following the overnight collapse of Lehman Brothers.

08 December 2008

News/Trade execution

Icap hires Daemon Bear to head dark pool MTF for stock trading

Interdealer broker Icap is planning to launch an alternative stock trading platform in the second half of 2009, according to Bloomberg.

05 December 2008

News/Trade execution

Markit releases MiFID fragmentation analysis

Financial information outfit Markit has combined with eleven top dealers to provide a consolidated source of aggregated data on market activity and liqudity across fragmenting European trading destinations.

04 December 2008

News/Trade execution

London Stock Exchange set to oust Nasdaq OMX in Norway

The London Stock Exchange has executed a daring raid on the 'home' turf of Nasdaq OMX, after signing a letter of intent with Oslo Børs to establish a strategic partnership and provide a new trading system.

04 December 2008

News/Trade execution

Buy side shys away from block crossing as volatility increases - Tabb

Market volatility is forcing US equity trader to change their execution strategies, contributing to a marked decline in block trading over crossing networks, notes a new report from analyst group Tabb.

03 December 2008

News/Trade execution

UBS to switch clearing to SIS X-Clear

UBS is set to become the first London Stock Exchange client to switch its clearing from incumbent provider LCH.Clearnet to Switzerland's X-Clear, under a new competitive clearing regime introduced by the LSE in September.

03 December 2008

News/Trade execution

Liquidnet postpones IPO

Buy-side trading network Liquidnet has shelved plans to go public until 2010 due to poor market conditions.

02 December 2008

News/Trade execution

UK competition watchdog refrains from intervention in clearing

The UK's Office of Fair Trading has decided not to take any further action in the market for derivatives clearing, after inviting views earlier this year.

02 December 2008

News/Trade execution

Turquoise to tap new investors

Alternative share trading platform Turquoise is looking for fresh funding from new investors just two months after launch.

01 December 2008

News/Trade execution

Finexpo to highlight new trends in risk and transaction management

The Finexpo - Risk & Transaction Management conference and exhibition has opened for registration. The event, on Thursday 5 February at The Brewery in London, will focus on the latest developments in risk management approaches, regulatory frameworks, data and transaction management solutions and clearing and settlement infrastructures.

28 November 2008