Equities

DTCC to offer real-time trade guarantees and boost capacity

US post-trade processing firm The Depository Trust & Clearing Corporation (DTCC) is to offer real-time trade guarantees for continuous net settlement-eligible trades and boost its processing capacity for equities clearing to 500 million transactions a day.

ITG to extend suite across emerging Europe

ITG, an agency broker and trading technology firm, will extend its product range to new European markets as part of its 2009 expansion plans.

BATS hits non-US rivals out of the ballpark

BATS Exchange has become the world’s third largest stock exchange by value traded in its first full month of trading as a regulated US national securities exchange.

LSE and Tokyo growth market moves forward

The London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE) have taken another step toward establishing their joint venture TOKYO AIM, a new market for growing companies in Japan and Asia.

Instinet enhances Australian post-trade capabilities

Instinet, a global agency-brokerage owned by Nomura Holdings, has secured membership on the ASX Settlement and Transfer Corporation (ASTC), the settlement processing facility of the Australian Securities Exchange (ASX).

SmartPool gets FSA approval to launch on 2 February

Smartpool, a European non-displayed trading venue operated by exchange group NYSE Euronext, has received approval from the UK Financial Services Authority (FSA) to launch on 2 February as planned.

US broker sees greater buy-side interest in LatAm stocks

US agency brokerage Auerbach Grayson, a specialist in emerging markets research and trade execution services, has extended its network to enable institutional clients to take advantage of growing opportunities in Latin America’s smaller markets.

Chi-X extends Spanish market hours

Chi-X, a pan-European multilateral trading facility (MTF), will prolong its market hours for the Spanish markets by 30 minutes to close at 16.00 UK local time from 2 February.

Quadriserv and Eurex Clearing to launch securities lending CCP

Quadriserv, a North American provider of securities lending services, and Eurex Clearing, the post-trade division of European derivatives exchange Eurex, have joined forces to provide central counterparty (CCP) clearing and settlement services for securities lending of European equities.

UK broker expands buy-side offering with Fidessa tools

Collins Stewart, an independent UK investment bank, has gone live with the full suite of trading tools from Fidessa, a provider of trading, market data and global connectivity solutions.