Trading Venues Archive

April 18, 2014

IEX offers buy-side protection with router

A smart order router developed by US equity trading venue IEX lets buy-side traders route to the venue directly from execution management systems and seeks to reduce information leakage before routing to lit markets to achieve best execution. read more>

April 17, 2014

NASDAQ OMX orders Danske Bank to pay fine

Nasdaq OMX has fined Danske Bank and issued a warning to one of its traders, after the exchange’s surveillance tool noted an abnormal trading pattern. read more>

April 16, 2014

Auctions spring into action as MiFID blocks dark pools

Auctions spring into action as MiFID blocks dark pools

The buy-side has welcomed London Stock Exchange plans to introduce an intra-day auction, but brokers warn algorithms and smart order routers will need time to adapt. read more>

April 14, 2014

BlackRock calls for exchange status change

BlackRock calls for exchange status change

The world’s largest buy-side firm by assets under management wants policymakers to consider a minimum market share for US venues to maintain their exchange licence, in order to reduce market fragmentation. read more>

April 14, 2014

Tick size effects on IPOs unknown

New equity listings can provide much sought after alpha and boost the wider economy, but regulators and politicians must be careful when crafting policy to encourage IPOs, such as tailored tick size regimes. read more>

April 09, 2014

IEX not anti-HFT, says founder

IEX not anti-HFT, says founder

US trading venue IEX, which has been the focus on intense media coverage since featuring in Michael Lewis’ ‘Flash Boys’ book, is not anti-high-frequency trading said its chief strategy officer, Ronan Ryan. read more>

April 09, 2014

Turquoise reports second-highest trading day

Turquoise reports second-highest trading day

Turquoise, the pan-European multilateral trading facility majority owned by the London Stock Exchange Group, recorded its second largest day of trading yesterday, topping €5 billion across its dark and lit books. read more>

April 09, 2014

TradeTech debates new era for dark pools

The future of dark pools has been a prominent topic at TradeTech Europe 2014, as the market prepares for changes as a result of incoming MiFID II regulation. read more>

April 08, 2014

Liquidnet hires TABB's Adam Sussman

Institutional block crossing platform Liquidnet has hired Adam Sussman, former director of research for research consultancy TABB Group as head of market structure and liquidity partnerships. read more>

April 08, 2014

Smarter algos crucial to overcome dark trading caps

Smarter algos crucial to overcome dark trading caps

More sophisticated electronic trading solutions will be needed in response to caps on European dark trading set to be introduced as part of MiFID II, the audience at TradeTech Europe 2014 has heard. read more>