October 22, 2010

Linedata signs Hungarian buy-side firm QUANTIS

Linedata, a technology provider for the investment management and credit industry, has been selected by Hungary-based multi-manager QUANTIS Investment Management to supply a front-to-back trading solution to support its trading business.

October 22, 2010

Suspension fuels SGX/ASX merger speculation

The Australian Securities Exchange and Singapore Exchange suspended trading in their shares within hours of each other today. The ASX cited talks of a possible merger as the cause of its suspension.

October 21, 2010

BT to offer low latency connectivity in Paris

Financial services connectivity provider BT Radianz plans to expand its ultra-low latency connectivity to Paris, providing market participants in continental Europe with sub-millisecond access to market data, execution services and trading venues.

October 20, 2010

Toronto roundtrip times tumble for US traders

Trading communications firm IPC Systems has created a new sub-10-millisecond trade route between New York, New Jersey and Toronto, designed to provide trading firms with low-latency access to multiple liquidity venues and exchanges.

BNY Mellon to offer DR indices for ETFs in ChinaOctober 20, 2010

BNY Mellon to offer DR indices for ETFs in China

BNY Mellon has signed a memorandum of understanding with the Shanghai Stock Exchange for the listing of exchange-traded funds based on its BNY Mellon Depositary Receipt Indices.

Index arbitrage gaining momentum in AsiaOctober 20, 2010

Index arbitrage gaining momentum in Asia

Rising index arbitrage activity in Asia will add liquidity to the region's equity markets and create a healthy environment for the cross-listing of indexes between bourses, market participants say.

Global aftershocks a stiffer test for TSE than local acts of GodOctober 20, 2010

Global aftershocks a stiffer test for TSE than local acts of God

Recent outages at US and European exchanges have raised concerns as to whether competition between trading venues to provide faster trading has come at the cost of reliability. In Japan, where earthquakes pose the biggest operational risk, the Arrowhead low-latency trading platform is designed to handle the contingency promptly, says Tomoyoshi Uranishi, senior executive officer at the Tokyo Stock Exchange.

October 20, 2010

Nomura continues US equities build-up

Japanese investment bank Nomura has appointed Samir Patel and Chris Valli as head of execution sales and head of US research sales respectively, as the bank seeks to grow its US operation.

October 20, 2010

Thai exchange boosts relations with Laos

Asian trade venue the Stock Exchange of Thailand has signed a memorandum of understanding with the newly established Lao Securities Exchange, which went live on 10 October 2010.

Nasdaq OMX launches Nordic block tradingOctober 20, 2010

Nasdaq OMX launches Nordic block trading

Nasdaq OMX is launching a dark block trading service across its cash equity exchanges in Stockholm, Helsinki, Copenhagen and Reykjavik on 15 November.

Mixed signals on 6 MayOctober 19, 2010

Mixed signals on 6 May

Despite an official report into the market crash of 6 May, its causes are still being hotly debated by US market participants. A crucial part of the puzzle is a large sell trade of E-mini futures contracts by buy-side firm Waddell and Reed.