October 12, 2010

Exchanges link for index derivatives expansion

Two Japanese exchanges have teamed up with global market centre operators to offer trading of a Japanese futures product to European traders and listing of a European derivatives contract in Tokyo.

October 11, 2010

TOM offers retail access to Dutch stocks

Dutch retail-focused trade platform The Order Machine has started trading Dutch equities on its multilateral trade facility, TOM MTF, which is now open to third parties in addition to founders BinckBank and Optiver.

Co-location drives exchanges' data centre migrationOctober 11, 2010

Co-location drives exchanges' data centre migration

The infrastructure for low-latency trading in Europe will take another step forward this month as exchange group NYSE Euronext completes its migration to a UK data centre in Basildon, Essex.

October 08, 2010

HKEx releases detail on new trading platform

Hong Kong Exchanges and Clearing has released information about its new trading and market data platforms, part of continued efforts by the exchange to boost competitiveness.

October 08, 2010

Chi-X Europe in line with market during Q3

Turnover on multilateral trading facility Chi-X Europe was 23% lower in Q3 2010 at €372.2 billion compared to Q2. The decline was slightly less than that suffered by the pan-European equities market overall in the same period, which saw a fall of 23.22% on a turnover of €2.17 trillion.

October 08, 2010

TSE fines San-ei for attempted price manipulation

The Tokyo Stock Exchange has imposed disciplinary action against brokerage firm San-ei Securities for trying to cause price fluctuations in Japanese stocks in order to benefit its proprietary trading book.

October 08, 2010

CFTC tech committee to discuss HFT, algo trading

US futures and options regulator the Commodity Futures Trading Commission is set to hold the second meeting of its Technology Advisory Committee, reestablished in direct response to the 'flash crash'on 6 May, which is charged with keeping the CFTC informed of technology-led changes in the derivatives market.

October 07, 2010

Equity derivatives traders hoping for 2011 rebound

Equity derivatives traders are expecting higher trading volumes in Europe in 2011, following a reduction in activity for the 12 months since mid-year 2009, according to a new study by financial research firm Greenwich Associates.

October 07, 2010

Deutsche Börse to resume bond trading on Xetra

German exchange Deutsche Börse will restart bond trading on its Xetra trading platform after having an interim injunction lifted by the Higher Regional Court of Frankfurt.

October 07, 2010

Pragma unleashes second generation of aggressive algos

US-based technology provider Pragma Securities has developed two new aggressive liquidity sourcing algorithms, Capture 2.0 and Bullseye, which are designed to capture more liquidity with less market impact than the previous generation of trading tools.