New Turquoise platform expected to increase HFT flowOctober 04, 2010

New Turquoise platform expected to increase HFT flow

Turquoise, the multilateral trading facility owned by the London Stock Exchange, starts trading on its new platform today, and hopes the better technology performance it brings will grow liquidity on its order book.

October 01, 2010

ASX questions benefits of exchange competition

David Gonski, chairman of the Australian Securities Exchange, has warned that the introduction of competition between trading venues would bring instability to Australia's equity markets.

September 30, 2010

TSX agrees low-latency connection for US, European traders

Market participants in Europe and the US can now trade on the Toronto Stock Exchange via a direct, low-latency link, following a deal between Canadian exchange group TMX and trans-Atlantic connectivity provider Hibernia Atlantic.

Spanish MTF PAVE takes first stepsSeptember 30, 2010

Spanish MTF PAVE takes first steps

Plataforma Alternativa de Valores Españoles, the Spanish multilateral trading facility, has chosen Equiduct Systems as its technology provider, with two of Equiduct's shareholders, Knight Capital and Citadel Securities, selected to be market makers for the trading venue.

September 30, 2010

UNX expands horizons for Catalyst EMS

US-based trading technology provider UNX has upgraded its Catalyst execution management system, previously available in Canada, Brazil and Mexico, to support trading in European markets.

Turquoise launches price promotion, adjusts feesSeptember 30, 2010

Turquoise launches price promotion, adjusts fees

Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has announced a pricing promotion to attract more trading volume to its platform.

SmartPool targets further growth in FranceSeptember 30, 2010

SmartPool targets further growth in France

SmartPool, the pan-European dark multilateral trading facility operated by NYSE Euronext, has reported strong market share gains in France this month and has added Société Générale to its member base.

Reality checks Eastern promiseSeptember 29, 2010

Reality checks Eastern promise

The reorientation of sell-side business models from west to east has been overdone and is now due for a correction, says Matthew Perry, co-head of execution services, Asia, Société Générale Corporate & Investment Banking.

India's SOR to see slow adoptionSeptember 29, 2010

India's SOR to see slow adoption

The introduction of smart order routing in India is a big step forward from a best execution perspective, but long-standing issues related to post-trade settlement will present roadblocks to its fast adoption, traders say.

September 29, 2010

Chi-X fate to shape Europe's derivatives landscape

The outcome of the current bid speculation surrounding Chi-X Europe, the largest pan-European multilateral trading facility, could fan the flames of an already heated battle between Europe's primary exchanges for derivatives volumes.

September 29, 2010

Orc Spreader launches in Asia

Trading technology provider Orc Software has launched Orc Spreader, its product tailored for high frequency arbitrage and spread trading, in Asia.

September 28, 2010

PSE plans for future growth with NYSE platform

Asian trading venue the Philippine Stock Exchange has migrated to NYSE Technologies' NSC V900 trading platform, in anticipation of a rise in overseas investment levels.