Equities

Nasdaq revamps US pricing as rivals close in

Exchange group Nasdaq OMX has introduced a new pricing structure for trading in US equities in a bid to maintain market share against stiff competition.

Aleri offers consolidated European price data

Complex event processing (CEP) solutions vendor Aleri has launched an upgrade to its liquidity analysis tool that will allow clients to view equity prices across Europe’s multilateral trading facilities (MTFs) and exchanges.

ACTIV joins Atrium’s low-latency network

Market data vendor ACTIV Financial has joined connectivity provider Atrium Network’s extranet community and has become one of the first clients to use Exchange Ring, Atrium’s ultra-low-latency network connecting European exchanges and multilateral trading facilities (MTFs).

SEC explores new US short-selling restrictions

The US Securities and Exchange Commission (SEC) is seeking public comment on whether it should impose price or so-called circuit-breaker restrictions on short-selling US equities.

French broker to use Chi-Tech trading platform

Oddo & Cie, a Paris-based independent agency brokerage, has implemented MarketPrizm, a trading infrastructure platform provided by Chi-X Global Technology (Chi-Tech), the technology services unit of trading venue operator Chi-X Global.

MTFs detail schedules for single stock code migration

Chi-X Europe, the pan-European multilateral trading facility (MTF) owned by agency brokerage Instinet, has revealed its timeline for migrating to the uniform stock symbology agreed on by a group of European trading platforms.

Cheuvreux to complete crossing engine roll-out in Q2

French broking house CA Cheuvreux is planning to finalise the roll-out of its Blink internal crossing engine for European equities by the end of Q2, following its launch at the beginning of this year.

ITG launches new algo to tackle volatile markets

Agency broker and technology firm Investment Technology Group (ITG) has launched Raider, an execution algorithm for the US market that is designed to quickly seize opportunities in fast-moving markets.

EMCF cuts fees for UK stocks

European Multilateral Clearing Facility (EMCF), a pan-European central counterparty (CCP), owned by Fortis Bank Nederland and exchange group Nasdaq OMX, has reduced its fees by 40% for clearing UK securities.