5331 articles tagged with this keyword
News/Trade execution
More than 80 formal applications have been made by clearing and settlement houses for interoperability and mutual access in accordance with the European Commission's voluntary code of conduct, but none has gone live.
12 September 2008
CME Group is planning to withdraw from FXMarketSpace, the centrally-cleared foreign exchange marketplace it established with Thomson Reuters, according to a press report.
European think tank Eurofi has called on the European Commission to institute tougher enforcement of settlement harmonisation and consolidation programmes aimed at cutting costs of cross-border post-trade services across the EU.
11 September 2008
The London Stock Exchange suspended trading for the best part of Monday after being hit by a computer glitch amid frenzied dealing following the overnight bail-out of Freddie Mac and Fannie Mae by the US Government.
08 September 2008
Bank of China International (BOCI) has signed for Massachusetts-based Progress Software's algorithmic trading platform, Apama.
Nasdaq OMX has won approval from the Financial Services Authority to commence trading as a Multilateral Trading Facility on 26 September. The platform is set to face fresh competition from a new MTF being launched by pan-European rival Nyse Euronext, codenamed Octopus.
Nasdaq OMX is celebrating two significant contracts in the international derivatives markets, specifying the provision of a Central Clearing Counterparty in South Africa, and a trading engine for a new exchange in Columbia.
04 September 2008
Nasdaq OMX has outlined the pricing structure for its new pan-European multilateral trading facility (MTF) which will - in the majority of cases - make it less expensive to route orders through the platform than to trade on the primary markets.
03 September 2008
In a sharp change of direction, California-based Zealous Trading Group is selling off its Zats alternative trading platform and moving into the adult entertainment business.
02 September 2008
Just weeks into its phased launch, trading on MiFID-compliant equities trading facility Turquoise has been disrupted by technical glitches.
The London Stock Exchange (LSE) is introducing a hosting service that will provide high-frequency algorithmic trading firms with low latency access to its TradElect and Infolect systems.
01 September 2008
Nasdaq OMX has inked a deal with Citi that will see the bank provide electronic routing of orders from its new pan-European platform to other exchanges and venues across the region.
The London Stock Exchange (LSE) has recruited Kiri Self - former head of operations at Nyfix International - to advise on post trade issues relating to Baikal, the dark pool it is establishing with Lehman Brothers.
29 August 2008
Deutsche Börse is following the example of other incumbent exchanges by cutting algorithmic trading fees on its Xetra platform in a bid to fend off competition from rival bourses and alternative trading systems (ATS).
26 August 2008
An advisory group has put forward recommendations for breaking down legal barriers to the cross-border holding and settlement of securities in the European Union, including proposals to enable issuers to choose which central securities depository they want to use.
22 August 2008
Transatlantic exchange Nyse Euronext is to launch a new US futures exchange in September after the Commodity and Futures Trading Commission (CFTC) approved its application to become a designated contract market (DCM).
Up to three new alternative equity trading systems are gearing up to launch in the European market, in addition to ventures such as Chi-X, Turquoise and Equiduct, according to a Financial Times report.
21 August 2008
Kansas-based ECN operator Bats Trading has received approval from the US Securities and Exchange Commission (SEC) to operate as a registered national securities exchange.
19 August 2008
Turquoise, the bank-backed MiFID-compliant equities trading facility established by nine investment banks, has finally gone live.
15 August 2008
Transatlantic exchange Nasdaq OMX is gearing up to launch a new data centre in London to support its forthcoming pan-European trading and routing facility.
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