Equities Archive

February 24, 2010

SEC instates new uptick rule for short sales

The US Securities and Exchange Commission (SEC) has adopted a rule to restrict short-selling in a stock if its value has dropped by 10% in a day. read more>

February 23, 2010

Market cool on SEC’s real-time dark disclosure plan

Market cool on SEC’s real-time dark disclosure plan

The US Securities and Exchange Commission’s proposal to require real-time disclosure of non-displayed trading venues’ identities in the consolidated post-trade feed has received a frosty reception from market participants. read more>

February 23, 2010

Tora looks to Europe following Goldman cash injection

Tora, a trading technology and financial services company focused on equities execution in Asia, plans to expand geographically following investment from Goldman Sachs. read more>

February 23, 2010

Turquoise moves into central and eastern Europe

Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, is to become the first displayed alternative venue to trade stocks listed in Hungary and the Czech Republic. read more>

February 22, 2010

Citi bolsters Indian equities trading team

The Indian subsidiary of global investment bank Citi has made a slew of new hires to its equities sales and execution business. read more>

February 22, 2010

Trading venues ramp up high-speed access

Two execution venues have linked to low-latency networks as the demand for high-speed data and trading connectivity continues to grow worldwide. read more>

February 22, 2010

Instinet hires traders to new Australian office

Instinet hires traders to new Australian office

Agency broker Instinet has appointed four executives, including three sales traders, to its new office in Sydney, Australia, to support its aim of becoming a top 10 institutional brokerage in the country by the end of this year. read more>

February 19, 2010

NYSE solution to boost institutional trading on ASEAN bourses

The new infrastructure that will be supplied to six ASEAN exchanges by NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, is expected to lure more overseas institutional liquidity into the region. read more>

February 18, 2010

Lederman and Wilson depart as LSE closes Turquoise deal

David Lester has been named CEO of the London Stock Exchange’s new pan-European trading platform, which will be formed by merging its Baikal dark pool with the newly-acquired Turquoise multilateral trading facility. read more>

February 17, 2010

Markit BOAT to flag liquidity to drowning traders

Markit BOAT to flag liquidity to drowning traders

Financial information company Markit is planning to improve the flagging of the post-trade data disseminated by its BOAT over-the-counter (OTC) equities trade reporting and market data service to allow buy-side traders to distinguish available flow more easily. read more>