Electronic Trading
Charles River sees strong crossing demand in Asia
Published on July 25, 2008.There is a growing desire for trading off-exchange among buy-side traders in Asia’s key markets, according to Cameron Field, managing director, Asia Pacific, at trading technology firm Charles River Development.
Nasdaq market makers delivering better price improvement - Celent
Published on July 25, 2008.Market makers are more effective than electronic order books in delivering price improvement on Nasdaq-listed stocks, according to a new report by financial research and consulting firm Celent.
Turquoise to report its own dark trades
Published on July 24, 2008.Turquoise, a pan-European multilateral trading facility scheduled for launch in August, will report trades executed in its non-displayed order book on its own dedicated facility, rather than using an external trade-reporting mechanism such as Markit BOAT.
PLUS gears new offerings towards institutional investors
Published on July 23, 2008.PLUS Markets Group (PMG), a London-based trading venue for small- and mid-cap stocks, is introducing two new enhancements to its service, aimed at attracting institutional order flow.
Instinet, ULLINK establish Turquoise connectivity
Published on July 23, 2008.Two more firms have established links to Turquoise, a pan-European multilateral trading facility due to go live in August.
Competition for alpha fuels hedge fund trading needs – Celent
Published on July 23, 2008.Hedge funds are seeking more direct connectivity to execution venues as their search for alpha intensifies, according to Isabel Schauerte, an analyst in the securities and investments group at consulting firm Celent.
UPDATE: Morgan Stanley expects DMA to boost trading in India
Published on July 22, 2008.Trading volumes in India will increase as a result of the country introducing direct market access (DMA) trading on its two stock exchanges, according to Scott Field-Marsham, managing director and head of electronic trading in Asia at investment bank Morgan Stanley.
GL Trade’s Chinese hub supports market data, DMA services
Published on July 22, 2008.GL TRADE, a trading and connectivity solutions provider, has opened a Shanghai-based data centre to support its market data services and direct market access to A and B shares listed on China’s Shanghai and Shenzhen stock exchanges.
Morgan Stanley executes DMA trades in India
Published on July 21, 2008.Investment bank Morgan Stanley has executed its first direct market access (DMA) trades in India through its electronic trading platform. The firm’s first DMA trade was completed on 11 July.
Citi supplies smart order routing capability to Toronto exchange
Published on July 17, 2008.The Toronto Stock Exchange and TSX Venture Exchange are to provide market participants with a new smart order routing solution powered by Citi's Lava ColorBook II technology.
