MTFs & ECNs Archive

March 09, 2011

Goldman Sachs receives regulatory approval for MTF

Goldman Sachs receives regulatory approval for MTF

Bulge-bracket broker Goldman Sachs has received approval from UK regulator the Financial Services Authority to launch its dark multilateral trading facility, SIGMA X MTF. read more>

March 03, 2011

ASIC clears the way for Chi-X Australia Q4 start

Chi-X Australia, an alternative trading system, is expected to launch in Q4 this year following the publication of a timetable by national regulator the Australian Securities and Investment Commission for implementing new market integrity rules. read more>

March 01, 2011

Burgundy offers clarity in fragmented Nordic markets

Burgundy, the Nordic multilateral trading facility, is distributing 'Liquidity Battlemaps' for Denmark, Finland, Norway and Sweden, which are designed to help trading firms manage execution across these fragmented markets. read more>

February 28, 2011

Spanish MTF PAVE selects EuroCCP

Pan-European cash equities clearing house EuroCCP has signed a memorandum of understanding to become the clearing house for pioneer Spanish multilateral trading facility PAVE. read more>

February 28, 2011

Quote MTF signs liquidity providers for April launch

Quote MTF, a pan-European multilateral trading facility, has signed agreements with eight passive liquidity providers that will supply flow to the platform in return for an equity stake. read more>

February 25, 2011

LSE glitch fails to fuel MTF volumes

A four-hour outage on the London Stock Exchange did not see a significant shift of flow to multilateral trading facilities, with many long-only traders preferring to scale back trading activity until the issue was resolved around midday UK time. read more>

February 24, 2011

Turquoise sets out derivatives platform strategy

Turquoise, the multilateral trading facility owned by the London Stock Exchange, has confirmed the details of its derivatives trading strategy, which will be based on the exchange group's existing EDX London derivatives market. read more>

February 18, 2011

BATS completes Chi-X deal, confirms dual order book strategy

BATS completes Chi-X deal, confirms dual order book strategy

US market operator BATS Global Markets has reached a definitive agreement to buy pan-European multilateral trading facility Chi-X Europe. read more>

February 11, 2011

BATS and Chi-X extend merger discussions

US-based trading venue operator BATS Global Markets and pan-European multilateral trading facility Chi-X Europe have issued a statement confirming that exclusive negotiations regarding the potential merger have been extended. read more>

February 04, 2011

BATS Europe figures show need for Chi-X merger

The financial pressure on BATS Europe to complete its impending merger with rival multilateral trading facility Chi-X Europe was thrown into sharp relief following publication of its trading activity for January. read more>