Regions Archive

March 03, 2011

ASIC clears the way for Chi-X Australia Q4 start

Chi-X Australia, an alternative trading system, is expected to launch in Q4 this year following the publication of a timetable by national regulator the Australian Securities and Investment Commission for implementing new market integrity rules. read more>

March 03, 2011

arrowhead has met first-year objectives - TSE

arrowhead has met first-year objectives - TSE

The Tokyo Stock Exchange has achieved the first target of its arrowhead development project in terms of speed and reliability over the past year, according to Noriyuki Takahashi, the exchange's associate of IT development – and the man with ultimate responsibility for the platform. read more>

March 02, 2011

'Artificial' liquidity can work against institutional investors

'Artificial' liquidity can work against institutional investors

Liquidity provided by market maker trades on alternative trading venues can be a hindrance to true price discovery and may result in added transaction costs for fundamental investors, says Will Psomadelis, head of trading, Australia at Schroders Investment Management. read more>

March 02, 2011

TSE and NYSE Euronext explore mutual access

NYSE Euronext, which recently agreed to merge with fellow exchange operator Deutsche Börse, has signed a letter of intent with Japan's Tokyo Stock Exchange to give members access to each other's markets through a network linkage. read more>

March 02, 2011

Instinet's Nighthawk spreads its wings

Instinet's Nighthawk spreads its wings

Global agency broker Instinet says its Nighthawk aggregation algorithm will be able to access liquidity from 14 dark pools across Asia by the end of the first quarter of 2011. read more>

March 02, 2011

BAML and ETF Securities launch European equity volatility ETF

Bank of America Merrill Lynch, has teamed up with ETF Securities, a specialist issuer of exchange-traded products, to launch IVSTOXX ETF, the first exchange-traded fund linked to European equity volatility, listed on the London Stock Exchange. read more>

March 02, 2011

JSE launches flexible FX derivatives contracts

The Johannesburg Stock Exchange has launched any-day expiry foreign exchange contracts on its derivatives market, allowing institutions to hedge their currency risk more accurately. read more>

March 02, 2011

Chi-X Global to complete buy-in by second quarter

Chi-X Global to complete buy-in by second quarter

Four firms are expected to buy stakes in Chi-X Global in Q2 2011, following the implementation of a series of cost-cutting measures by the market operator and exchange technology provider, according to sources familiar with the matter. read more>

March 01, 2011

Political priorities muddy the waters of European equity market reform

Equity market participants should not underestimate the strength of the political undercurrents that are shaping Europe's evolving financial regulatory framework, Stephen McGoldrick, director of market structure, Deutsche Bank, warned delegates at message standards body FIX Protocol's EMEA trading conference held in London on 1 March. read more>

March 01, 2011

FlexTrade Systems offers trade forecasting tool

Trading software provider FlexTrade Systems has launched FlexEdge, a new analytics platform designed to give traders advanced forecasting capabilities for trading US equities. read more>