October 06, 2010

NYSE Technologies installs FIX gateways in Mexico

NYSE Technologies, the commercial technology unit of global exchange group NYSE Euronext, has partnered with Mexican market operator Grupo Bolsa to implement FIX connectivity gateways for two of its exchanges.

Bringing Asia's trading infrastructure up to speedOctober 06, 2010

Bringing Asia's trading infrastructure up to speed

Access to a low-latency network offering the fastest, most reliable connection between dealing rooms and the servers of exchanges is a core requirement of firms engaged in the arms race for speed, says David Stanton, vice president, enterprise sales, Asia-Pacific, at Cable & Wireless Worldwide.

October 06, 2010

Nomura opens US equities trading floor in New York

Japanese investment bank Nomura has opened a new 75,000 square foot equities trading floor in New York, coinciding with the launch of the firm's US cash equities and US equities research operations.

October 05, 2010

FIX Flyer ramps up Asian operations

FIX messaging and trading solutions provider FIX Flyer is opening a new development and support facility in Hyderabad, India.

October 05, 2010

AFME open to OTC insolvency protocol for buy-side firms

The Association for Financial Markets in Europe has published a new protocol governing OTC equity transactions that it is intended to put an end to uncertainty over the liabilities of sell-side trading counterparties in the event of an insolvency.

October 05, 2010

Transparency over Turquoise outage pleases market

London Stock Exchange-owned multilateral trading facility Turquoise has experienced teething troubles with its new trading platform but market participants have praised the MTF's speedy response to the issue.

October 05, 2010

Toronto aims to regain market share with new ATS

Canadian exchange group TMX Group, operator of the Toronto Stock Exchange, plans to create a new alternative trading system for equities, called TMX Select, to regain market share previously lost to rival venues.

October 05, 2010

Nomura appoints US cash equities heads

Japanese investment bank Nomura has appointed Pascal Bandelier and Paul Sangimino as co-heads of US cash equities, as part of an ongoing drive to expand its US presence.

October 04, 2010

HKEx appoints mainland market development head

Hong Kong Exchanges and Clearing (HKEx) has appointed Yang Qiumei as deputy head of market development and head of the market development division's mainland development department.

October 04, 2010

UBS algos available in Malaysia

UBS has launched its algorithmic trading platform on Bursa Malaysia, allowing the bank's clients to send their electronic orders directly to the exchange without them passing through an intermediary.

Warsaw to launch IPO before end of yearOctober 04, 2010

Warsaw to launch IPO before end of year

Polish trade venue the Warsaw Stock Exchange has confirmed it is to conduct an initial public offering and list its shares on its own exchange during Q4 2010.

Chi-East gets regulatory go-aheadOctober 04, 2010

Chi-East gets regulatory go-ahead

Chi-East, the pan-Asian dark pool joint venture between Chi-X Global and the Singapore Exchange (SGX) has received approval by local regulator the Monetary Authority of Singapore to become a recognised market operator.

October 04, 2010

Mutual fund algo was 'flash crash' smoking gun

A report by US financial regulators has identified the attempt to sell 75,000 index futures contracts by a “mutual fund complex” using an execution algorithm in extremely volatile market conditions as the trigger for market mayhem on 6 May.