European buy-side firms are expanding their equity derivatives activity this year as an antidote to low volumes and fragmentation in the cash markets and the need for new sources of alpha, according to a new study from research and consulting firm TABB Group.
BATS Options, the US equity options exchange operated by exchange group BATS Global Markets, had continued ramping up the instruments available to trade on its platform.
Global broker Bank of America Merrill Lynch has made its European equity index futures algorithms available to users of trading technology provider TradingScreen’s execution management system.
RealTick, a multi-broker, cross-asset execution management system (EMS) from trading technology provider Townsend Analytics, now offers users access to Goldman Sachs’ global futures and options execution services, which include the broker’s latest algorithms, worked and direct access execution offerings.
Global exchange group NYSE Euronext has introduced new fee schedules at its two US options exchanges – NYSE Arca Options and NYSE Amex Options – as part of its continuing effort to be more competitive.
European clearing house LCH.Clearnet and multilateral trading facility (MTF) Chi-X Europe have joined forces to offer a clearing service for equity contracts for difference (CFD) trades.