Regions Archive

May 21, 2010

Rolet targets post-trade overhaul, puts LCH relationship on review

The London Stock Exchange is reviewing its relationship with post-trade services provider LCH.Clearnet due to doubts over the firm’s “quality and resilience”. read more>

May 19, 2010

Turquoise bids for greater passive flow

Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has introduced a pricing promotion on its integrated order book to attract more passive flow. read more>

May 19, 2010

BaFin imposes naked short-sale ban

German financial regulator BaFin has banned naked short selling on a selected number of securities and instruments as part of efforts to curb speculative trading in the eurozone. read more>

May 19, 2010

Burgundy seeks exchange status to list warrants, ETFs

Burgundy seeks exchange status to list warrants, ETFs

Burgundy, a Nordic multilateral trading facility, has applied to operate a regulated market as an exchange for listing and trading warrants, certificates, exchange traded funds and structured products. read more>

May 19, 2010

Nasdaq OMX Europe delays closure to allow Equiduct migration

Nasdaq OMX Europe delays closure to allow Equiduct migration

Nasdaq OMX Europe, a pan-European multilateral trading facility, has delayed the closure of its trading platform to 1 July to complete customer migration to alternative trading venue Equiduct. read more>

May 19, 2010

SEC aims for stock-by-stock circuit breaker

SEC aims for stock-by-stock circuit breaker

The US Securities and Exchange Commission plans to introduced rules that would halt trading in individual stocks if their price moves by more than 10% in a five-minute period. read more>

May 18, 2010

Exchanges spell out high-frequency flow

Exchanges spell out high-frequency flow

The London Stock Exchange and other leading European exchange groups have revealed to regulators the amount of high-frequency trading activity executed across their trading platforms. read more>

May 18, 2010

Dark trading up to 71% cheaper than on exchange – ITG

A study of trading venues in Europe by agency broker and trading technology provider ITG has found that trading in dark pools can be up to 71% cheaper than incumbent domestic exchanges and 43% cheaper than multilateral trading facilities. read more>

May 18, 2010

SEC’s plan to protect public markets rejected

US equities brokers and trading venues have united against the ‘trade-at’ rule proposed by the US Securities and Exchange Commission (SEC) in its recent Market Structure Concept Release, claiming it will stifle innovation and add to investors’ costs. read more>

May 18, 2010

Chi-X Australia prepares for launch with ex-ASX hires

Chi-X Australia, the alternative trading system owned by Chi-X Global, has hired two former Australian Securities Exchange executives ahead of its launch in Q4 this year. read more>