5324 articles tagged with this keyword
News/Trade execution
Newly-merged market operator Nasdaq OMX has disclosed plans to launch a pan-European trading and routing platform for the most actively traded blue chip stocks.
19 March 2008
US market operator IntercontinentalExchange (ICE) is claiming victory in a long-running legal battle with the New York Mercantile Exchange (Nymex) over the use of the latter's settlement prices.
18 March 2008
CME Group has confirmed that it is acquiring The New York Mercantile Exchange (Nymex) in a cash and stock deal worth around $9.4 billion.
17 March 2008
US trading technology vendor Nyfix has launched its Euro Millennium platform, a UK regulated multi-lateral trading facility (MTF) for non-displayed liquidity in pan-European listed cash equities.
Stockholders in fixed income trading network eSpeed have overwhelmingly approved the company's merger with brokerage BGC Partners.
14 March 2008
Nyse Euronext says it is launching a new "routing and price improvement service" that will provide users of its Arca electronic trading platform with access to non-displayed liquidity.
13 March 2008
European derivatives exchange Eurex says it will establish a transatlantic trading and clearing link that will enable its customers to access options products at the New York-based International Securities Exchange (ISE), which it acquired last year.
Chicago-based Trading Technologies says Credit Suisse Prime Services has signed a global software licensing agreement for its order entry software, X_Trader.
12 March 2008
The new electronic futures exchange being set up by a group of banks and trading firms to take on the Chicago Mercantile Exchange will be named ELX Electronic Liquidity Exchange.
The UK's Financial Services Authority (FSA) is calling on City banks to tighten up systems and controls in order to prevent a repeat of the rogue trading scandal at French bank Société Générale.
11 March 2008
Broker dealers seeking new, high margin products will increasingly look to carbon emissions trading but will need to invest in technology if they are to take advantage of this growing market, according to research from analyst house TowerGroup.
LCH.Clearnet has backed down in its stand-off with Swiss central counterparty SIS x-clear over free access to the London Stock Exchange's equity business as required under the EC's voluntary code of conduct but has attacked European rivals for failing to cooperate.
10 March 2008
There are more than 55 different execution venues competing to match buyers and sellers and trade equities electronically in the US, according to a new report from analyst group Tabb.
06 March 2008
European depository Euroclear is establishing a "project delivery services" division that will manage the generic technology operations that support its projects and programmes.
US electronic bond trading network MarketAxess has acquired Chicago-based FIX specialist Greenline Financial Technologies in a cash and stock deal worth around $42 million.
Reuters has posted a 13% fall in full year pre-tax profit in its final set of results as a standalone company, but says indications for 2008 are encouraging despite the uncertain market environment.
Around 100 workers from Atos Euronext Market Solutions (AEMS) participated in a two hour strike in protest over the package offered to staff affected by the split of the joint venture into two separate units.
04 March 2008
Börse Berlin has selected LCH.Clearnet to provide clearing and settlement services for its MiFID-compliant pan-European Equiduct Trading platform, which is expected to launch in the middle of the year.
UK financial institutions will soon have to record and store telephone conversations and electronic communications relating to client orders under new regulations to be introduced by the Financial Services Authority (FSA).
The Toronto Stock Exchange is gearing up to launch a new trading facility designed specifically for "high-velocity traders" using automated and algorithmic trading strategies, which will operate alongside its central limit order book.
28 February 2008
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