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.
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.
Global trading solutions provider QuantHouse has launched a low-latency Euronext UTP data feed to deliver real-time NYSE Euronext market data to clients.
Data provider Thomson Reuters has released a beta version of an ultra low-latency direct data feed for NYSE Euronext’s Universal Trading Platform (UTP), the exchange group’s single point of access to its cash and derivatives trading platforms.
Liffe has become the first derivatives exchange to offer clearing of credit default swaps (CDSs) following an agreement with LCH.Clearnet, the global central counterparty (CCP).