Singapore Exchange (SGX) is planning to launch two new systems on 27 April that will grant users faster access to its securities trading and market data services.
Chi-X Canada, an alternative trading system (ATS) for equities listed on the Toronto Stock Exchange (TSX), has added new destinations to its proprietary smart order router.
Burgundy, a pan-Nordic multilateral trading facility backed by 14 of the region’s financial firms, has set its full launch date for 4 June and revealed details of its pricing schedule.
The London Stock Exchange (LSE) has abandoned its plans to introduce contracts for difference (CFD) trading on its order book because of the current economic climate.
US equities trading platform Direct Edge has criticised calls for a “modified uptick rule” to prevent abusive short-selling of US equities, arguing that such restrictions could limit liquidity and create greater selling pressure in a falling market.
Tradeweb, a provider of trading platforms and technology, has launched Smart IOI, a tool for sending targeted indications of interest (IOIs) to buy-side traders for equity trades.
BATS Exchange, a US trading venue that gained exchange status last November, has added new real-time tools to give its members more control over the sponsored access capabilities they grant to their clients.
The ability to stitch together the liquidity residing in both public dark pools and brokers’ internal crossing engines is high on many European buy-side traders’ wish lists. But while some trading venues are responding by establishing dark pool aggregation services, regulatory and commercial hurdles could hamper progress.
The London Stock Exchange (LSE) has scrapped a controversial routing fee it was charging other venues for sending trades to its order book, less than five months after it was introduced.