MTFs & ECNs Archive

March 11, 2009

StreamBase connects to Alpha Trading System

StreamBase Systems, a complex event processing (CEP) technology provider, has extended its software to connect to Alpha ATS, an alternative trading venue in Canada. read more>

March 10, 2009

Chi-X Europe names interim replacement for Randall

Chi-X Europe names interim replacement for Randall

Chi-X Europe, a pan-European multilateral trading facility, has appointed Mark Howarth as interim CEO, replacing Peter Randall, who is stepping down for personal reasons. read more>

March 09, 2009

NYSE Arca Europe bucks maker-taker pricing trend

NYSE Arca Europe, a displayed pan-European multilateral trading facility (MTF) created by exchange group NYSE Euronext, started trading today and will offer free trading until April as part of a three-week-long launch promotion. read more>

March 09, 2009

Turquoise faces step into the unknown

Turquoise, a pan-European multilateral trading facility backed by nine of the largest investment banks, faces a battle to maintain its market share in European equity trading from this week as its market-making agreements expire. read more>

March 03, 2009

Turquoise discussing dark enhancements with FSA

Turquoise, a broker-backed multilateral trading facility, has become the second European trading venue in a matter of days to announce discussions with regulators over its dark trading functionality. read more>

February 26, 2009

Chi-X Europe CEO to step down

Peter Randall has decided to step down as CEO of pan-European multilateral trading facility Chi-X Europe for personal reasons. read more>

February 23, 2009

Nasdaq MTF hires PLUS exec as it pursues 5% market share

Pan-European multilateral trading facility Nasdaq OMX Europe has hired Stuart Rutherford, currently head of trading services at UK stock exchange PLUS Markets, as head of sales. read more>

February 20, 2009

Alpha grabs 16% of Canadian equities market

Canadian equities trading platform Alpha ATS processed trades representing more than 10% of the volume and over 16% of the value of all Toronto Stock Exchange-listed securities across all Canadian transparent marketplaces on February 18. read more>

February 20, 2009

Burgundy to begin trading in May

Burgundy, a multilateral trading facility (MTF) for Nordic stocks, will begin trading in the first week of May, starting with Swedish blue chip stocks, and expects to complete a full roll-out of Nordic blue chip stocks by June. read more>

February 19, 2009

Turquoise prepared for end of market-making deals

Turquoise prepared for end of market-making deals

Turquoise, a broker-backed pan-European multilateral trading facility, expects a drop in order flow when its market-making agreements expire in mid-March, but said this will be alleviated by improvements to its trading service. read more>