443 articles tagged with this keyword
News/MiFID
The UK Investment Management Association (IMA) says the quality of information relating to best execution in UK equities has deteriorated since the introduction of the Markets in Financial Instruments Directive (MiFID) last year.
25 November 2008
Bank-backed trading network Turquoise claims to have hit its year-end forecasts two months early by achieving five per cent market share in the 310 stocks traded across its platform.
10 November 2008
Former US ECN operator Bats Trading, now a registered US exchange, says its European multilateral trading facility (MTF) has gone live, initially offering trading in 10 UK-listed securities.
31 October 2008
TransAtlantic exchange operator Nyse Euronext has launched TradeCheck, an online service designed to measure best execution performance across 18 European exchanges and markets.
23 October 2008
Transatlantic exchange Nasdaq OMX is acquiring a 22% equity stake in European Multilateral Clearing Facility (EMCF), the Fortis Bank subsidiary that was taken over by the Dutch government.
16 October 2008
Transatlantic exchange Nyse Euronext has selected EuroCCP to provide clearing and settlement services for its new European multilateral trading facility (MTF) when it launches in November, but it will open up the platform to competing clearing houses next year.
08 October 2008
Multi-lateral trading facility Chi-X Europe says its trading participants can now provide their clients with a "sponsored access" direct connection to its matching engine after the Financial Services Authority (FSA) approved the move.
07 October 2008
A move by the London Stock exchange (LSE) to impose a special tariff on equity orders channelled to its market from competing platforms has led to accusations of "anti-competitive behaviour" from rival Nasdaq OMX.
02 October 2008
Swiss central counterparty SIS x-clear has been selected to provide clearing services for Euro Millennium, the dark pool established by Nyfix.
30 September 2008
JP Morgan is joining Nyse Euronext, HSBC and BNP Paribas as a partner in SmartPool, the pan-European electronic block trading platform set to launch in November.
Transatlantic exchange operator Nasdaq OMX says trading has begun on its new MiFID-compliant pan-European trading and routing facility.
26 September 2008
Stockholm-based Cinnober has won a deal to provide the platform for Burgundy, the multilateral trading facility (MTF) being established by a group of the largest banks and brokers in Sweden.
24 September 2008
Chi-X, Turquoise and Nasdaq OMX have joined an informal working group formed by Plus Markets to explore alternative market data and price reporting services to those provided by the London Stock Exchange (LSE).
23 September 2008
Plus Markets, the quote-driven trading system for AIM-listed stocks, has filed an action in the High Court claiming an LSE trade reporting rule is "anti-competitive".
19 September 2008
Technology rather than headcount is the basis for managing risk in the clearing and settlement of equity trades, according to an executive with alternative trading platform Chi-X
18 September 2008
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.
08 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
Just weeks into its phased launch, trading on MiFID-compliant equities trading facility Turquoise has been disrupted by technical glitches.
02 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.
01 September 2008
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
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