Asset Classes Archive

The US exchange-traded equity options markets is to undergo a technological revolution, according to a new report from research firm Celent. read more>

J.P. Morgan has launched MorganDirect, a new proprietary foreign exchange trading platform that can be used from a client’s desktop or Blackberry 24 hours a day from any location. read more>

GLG Partners, a global hedge fund, has lodged a formal objection to the sale of Lehman Brothers’ US broker-dealer assets to commercial bank Barclays. read more>

Following its purchase of failed investment bank Lehman Brothers’ entire Asia-Pacific franchise yesterday, Japanese financial services firm Nomura has now snapped up Lehman’s European equities and investment banking businesses for an undisclosed sum. read more>

Japanese financial services group Nomura has agreed to buy the Asia-Pacific franchise of collapsed investment bank Lehman Brothers. This includes operations in Japan and Australia. read more>

Despite the launch of new pan-European equity venues, September has shown that market participants have yet to adjust fully to the new trading environment. read more>

PLUS Markets, a UK stock exchange specialising in listing and trading small- and mid-cap stocks, has issued proceedings in the UK High Court against the London Stock Exchange (LSE). read more>

Mutlilateral trading facilities will soon by recognised as agents of consolidation rather than fragmentation in the European equities market, according to Turquoise CEO Eli Lederman. read more>

Tim Ryan, CEO of the Securities Industry and Financial Markets Association, expressed confidence in the ability of the finance sector to overcome its current crisis yesterday, despite persistent reports of further merger discussions between broker-dealers and other institutions. read more>

Chi-X Canada ATS, a subsidiary of agency broker Instinet reported record trading volumes of 5.5 million shares on 16 September. read more>