Regions Archive

A drop of almost 1,000 points in the US's Dow Jones Industrial Average index yesterday has sparked an investigation from regulators and prompted stock exchanges to cancel trades. read more>

Goldman Sachs Electronic Trading (GSET) has unveiled a new iceberg-style smart routing algorithm designed to source liquidity across the fragmented European equities market. read more>

Advent Software, a technology supplier for the investment management industry, has opened a new office in Singapore following substantial growth in its Asian client base over the past year. read more>

Japanese investment bank Nomura has received approval to operate its NX non-displayed internal crossing engine in Hong Kong. read more>

Global exchange group NYSE Euronext has started work to shift European clients to its new data centre based near London, UK including the migration of 40 high-frequency trading firms to its revamped co-location service. read more>

Nasdaq OMX may reuse existing trading venue licences in the Nordic region to re-establish its pan-European ambitions, according to Hans-Ole Jochumsen, executive vice president at the exchange group. read more>

US equities block trading venue BIDS Trading’s average daily volume in April 2010 was 45 million shares, 126% higher than the same month last year and a 78% increase on March 2010’s volume. read more>

The European Commission ought to consider whether multilateral trading facilities (MTFs) with large market shares should be allowed to pay rebates for passive order flow, according to Cees Vermaas, executive director of sales and relationship management for European cash markets at global exchange group NYSE Euronext. read more>

Leon Christianakis has left his position as CEO of agency broker and technology provider ITG’s Asian business to take up an as-yet-unspecified role at Macquarie, the Australian-listed banking and financial services group. read more>

Chi-X Europe, a pan-European multilateral trading facility (MTF), has reached a new milestone in FTSE 100 trading, breaking through the 30% market share barrier for first time on 4 May. read more>