Americas Archive

January 14, 2013

Direct Edge to file for Brazil launch within weeks

Direct Edge to file for Brazil launch within weeks

US exchange operator Direct Edge expects to lodge a formal application to launch an equity trading venue in Brazil in the coming weeks, but admits its success will depend on clearing interoperability. read more>

January 11, 2013

Futures and options trading grows with increasing electronification

Increasing confidence in the future and options market has prompted a growth in electronic trading, a new report has outlined. read more>

January 10, 2013

BATS looks to compensate after long-term system error

BATS looks to compensate after long-term system error

US market operator BATS Global Markets is assessing compensation options after identifying issues with its matching system that caused almost 450,000 trades to be executed at prices that breached securities regulations. read more>

January 10, 2013

Off-exchange trading grows despite three-year equity slump

The proportion of equities traded off-exchange grew throughout 2012 despite a three-year decline in trading volumes of US shares, new data has revealed. read more>

January 10, 2013

New Chi-X Canada venue to price for untapped market

The pricing model for a new Chi-X Canada alternative trading system will attract an under-served portion of the market, while it's launch was delayed until Q2. read more>

January 04, 2013

Market data error raises more questions on US market stability

A technological error at a market data hub operated by Nasdaq OMX led to stale data that left traders unable to determine US stock prices for a short period yesterday. read more>

January 03, 2013

Key US swaps reforms come into effect

Two of the main rules relating to the US' comprehensive OTC derivatives regulatory overhaul have come into force, with the Commodity Futures Trading Commission stating that 65 firms are now provisionally registered as swap dealers. read more>

December 14, 2012

Chilean venue upgrades with Nasdaq OMX infrastructure

Chilean alternative venue Bolsa Electrónica de Chile today upgraded its exchange infrastructure to Nasdaq OMX’s X-stream platform. read more>

December 12, 2012

Fidelity mixes retail and institutional flow in new dark pool

Fidelity Capital Markets, the institutional trading and execution division of Fidelity Investments, has launched a new US dark pool incorporating retail liquidity. read more>

December 07, 2012

Data errors put buy-side reputations on the line

A high proportion of buy-side firms still suffer from data reconciliation errors which can prove costly to a company’s reputation, a new report has warned. read more>