The International Securities Exchange (ISE) has established an alternative primary market maker program to support new listings.
Software provider Progress Apama has predicted strengthening Brazilian demand for algorithmic trading solutions after unveiling its first client in the country, broker Ágora Corretora de Titulos e Valores Mobiliaro.
Trading Technologies (TT) has released X_TRADER 7.6, the latest version of its derivatives trading platform. The new version adds features designed to enhance functionality, usability, deployment and user administration.
Investment bank Credit Suisse’s Advanced Execution Services (AES) division, which supplies algorithms and trading tools to the buy-side, has expanded its derivatives capabilities by joining financial software firm Orc’s ExNet broker connectivity network and launching a joint offering with US options pricing and analytics firm Derivix.
Exchange group Nasdaq OMX and the Osaka Securities Exchange (OSE), Japan’s largest derivatives exchange, have signed a memorandum of understanding with the intent of forming a strategic partnership.
Cash and derivatives broker MF Global has expanded its over-the-counter energy brokerage in Singapore as well as its equity derivatives team in Hong Kong.
Eurex, the Frankfurt-based international derivatives exchange, has introduced a series of cost incentives to attract new members to its platform.
Although many buy- and sell-side firms are cutting jobs, there is still steady demand for electronic trading expertise, according to Marcus Newman, director and specialist in the electronic, algorithmic and program trading markets at recruitment firm Riversdale Consulting.
Knight Capital, the trading services and technology provider, has launched its complex options order trading capabilities through Knight Direct EMS, its multi-asset trading platform.
The Chicago Board Options Exchange (CBOE) is planning to launch its new all-electronic options exchange, dubbed C2, in August this year, subject to approval from the US Securities and Exchange Commission.