MTFs & ECNs Archive

BATS Chi-X Europe has released further details of its integration plan for merging the two organisations, revealing a go live date of 30 April and that BATS Europe and Chi-X Europe lit and dark books will continue to be available as separate order books. read more>

Agency broker Instinet Europe’s BlockMatch is to become the first dark multilateral trading facility to use a proprietary consolidated European best bid and offer as its reference price, following regulatory approval. read more>

Pan-European clearing house EuroCCP has agreed to provide interoperable central counterparty clearing to Burgundy, the Nordic multilateral trading facility. read more>

BATS Europe and Chi-X Europe, the two European multilateral trading facilities that completed a merger last week, will not include exchange-traded funds in the initial stage of their clearing interoperability offering, blaming an on-going regulatory review of the instruments for the delay. read more>

The European Commission today sought to clarify MiFID II proposals on allowing banks’ proprietary trading flow into their dark trading venues and also asserted that contentious rules on electronic trading and market making could be re-assessed. read more>

BATS Global Markets, the US-based market operator, has received final clearance from the UK’s Competition Commission to purchase multlateral trading facility Chi-X Europe. read more>

An all-electronic platform for Brazilian equities is planned for Rio de Janeiro – the first time the city has had an exchange since 2002. read more>

Trading volumes on Chi-X Australia are expected to continue to grow steadily in the coming months, following a successful start that has seen its market share climb to 1.47% as at 15 November. read more>

BATS Europe, the pan-European multilateral trading facility owned by US-based market operator BATS Global Markets, has appointed Adam Eades as its new head of regulatory and legal affairs. read more>

Proprietary trading system Chi-X Japan is to introduce a new passive order type that only posts liquidity to the order book from 14 November. read more>