ITG launches Australia's first aggregated dark poolOctober 27, 2010

ITG launches Australia's first aggregated dark pool

Investment Technology Group has launched its liquidity aggregator, POSIT Marketplace, in Australia in a move that will significantly reduce trading costs for buy-side traders and enable them to trade more efficiently, says Michael Corcoran, head of sales and trading, Asia Pacific, at the agency broker and technology provider.

October 26, 2010

BM&F Bovespa opts for SIA-SSB market surveillance

Brazilian exchange BM&F Bovespa has chosen European financial technology provider SIA-SSB to monitor all trading operations carried out on its exchange and CETIP, the Brazilian OTC derivatives market.

October 25, 2010

Aviva implements new front-office suite

Aviva Investors, the global asset management business of UK-based insurance group Aviva, has expanded its use of trading technology supplier Fidessa's LatentZero front-office trading solution.

October 25, 2010

True OTC trading below 10% in Europe - Nomura

New analysis from Nomura has attempted to shed light on the level of off-exchange trading in Europe, with the Japanese investment bank claiming that less than 10% of equity trading in the region should be classified as over-the-counter.

October 24, 2010

Naked Risk

The threat of an 'out of control' algorithm playing havoc with the market isn't one that high-frequency trading firms wield exclusively, but by virtue of their large volumes and the high speeds at which they trade, low-latency operators are perceived to be capable of inflicting more damage, and more quickly, than other market participants.

October 22, 2010

Mexican bank adopts Charles River IMS

Scotiabank Mexico, a subsidiary of Canadian banking group Scotiabank, has implemented the Charles River Investment Management System across its Scotia Fondos fund administration subsidiary.