November 03, 2010 3:08 PM GMT

Orc to offer hosted trading services

Orc Software, a Sweden-based trading technology supplier, has unveiled Orc Hosted, a suite of fully-managed trading tools for brokers that want connectivity to trading venues and other brokers.

November 02, 2010 9:49 PM GMT

LSE postpones switch as 'suspicious" human error blamed for outage

The London Stock Exchange has postponed its platform upgrade to early next year after customers were disconnected from its multilateral trading facility (MTF) Turquoise in “suspicious circumstances” during morning trading on 2 November.

European traders retain doubts over value of  HFTNovember 02, 2010 7:36 PM GMT

European traders retain doubts over value of HFT

High-frequency trading is expected to continue its rise in Europe over the next year, but buy-side traders still seem to be unsure about its effect on the quality of liquidity.

November 02, 2010 7:09 PM GMT

RBC expands London equity sales and trading team

RBC Capital Markets, a branch of Royal Bank of Canada, has hired Mark Sartori as head of European trading and sales trading and Calum MacInnes as head of European sales.

November 02, 2010 3:21 PM GMT

Turquoise experiences glitch as LSE prepares for Millennium migration

Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has experienced a two-hour outage, with trading shut down from 08.31 to 10.37 UK time on 2 November on both the venue's integrated order book and its mid-point dark order book.

November 02, 2010 3:10 PM GMT

Concept Capital hires institutional sales head

US-based institutional broker Concept Capital has appointed Patrick J. Gallagher, former founding partner of BDR Research, to its capital markets division as head of institutional sales.

November 02, 2010 2:24 PM GMT

Orc and Alpes anticipate HFT growth in Brazil

Brazilian broker Alpes has signed a deal with trading technology supplier Orc Software, enabling its clients to use Orc's low-latency trading infrastructure to execute their trading strategies.

November 01, 2010 8:21 PM GMT

Instinet connects to Equiduct's HybridBook

Institutional clients of agency broker Instinet Europe can now access Equiduct Systems' HybridBook pan-European trading platform, following the successful completion of testing.

November 01, 2010 5:10 PM GMT

Liquidnet offers block trading in Israel

Buy-side crossing network and agency brokerage Liquidnet has expanded its trading operations to include listed securities from Israel, becoming the first block trading venue to offer direct electronic access to a Middle Eastern market.

November 01, 2010 4:59 PM GMT

Fixnetix appoints former Equiduct CEO Bob Fuller

London-based trading technology provider Fixnetix has employed Bob Fuller, formerly CEO of pan-European trading venue Equiduct, as a full-time director and board member.

November 01, 2010 2:27 PM GMT

LSE to finalise date for platform migration

The London Stock Exchange is expected to formally confirm the date for the migration of its cash equities trading systems to its new Millennium Exchange platform this week, following testing over the weekend.

October 29, 2010 1:39 PM GMT

Knight Capital buys market maker businesses from Kellogg

Knight Capital Group is to acquire Kellogg Capital Markets' designated and lead market maker businesses, which make markets in approximately 800 NYSE and NYSE Amex listed securities and 322 NYSE Arca exchange-traded funds.

October 29, 2010 12:57 PM GMT

ConvergEx simplifies ADR trading for Indonesian, Malaysian stocks

Agency broker and trading systems provider ConvergEx has added functionality to its ADR Direct technology to enable US buy-side clients to trade ordinary shares in Indonesia and Malaysia and convert the shares into American depository receipts in US dollars.