Buy-side lacks tools for portfolio trading – TABB

Buy-side traders are struggling to align their execution capabilities with the objectives of portfolio managers because of the single-stock focus of trading tools and execution venues, according to a new report from research and consulting firm TABB Group.

MTFs aim to lower Spanish trading costs

Chi-X, Turquoise and Nasdaq OMX Europe, three pan-European multilateral trading facilities (MTFs), are launching trading services in Spanish stocks which are expected to considerably reduce trading costs.

LSE warns of continued "difficult" market conditions

In its Q3 trading statement, the London Stock Exchange (LSE) reported lower equity trading activity in January, adding that “market conditions remain very difficult and uncertain” for the rest of the exchange group’s financial year.

NYFIX gives ioinet global reach

Trading solutions provider NYFIX has relaunched ioinet, the indications of interest (IOI) tool acquired by the firm last year when it purchased FIX solutions vendor FIXCITY.

Australia extends shorting ban in response to bank stock volatility

The Australian Securities & Investments Commission (ASIC), Australia’s securities regulator, has extended its ban on covered short-selling of the country’s financial stocks until 6 March because of recent increased volatility in overseas banking stocks, including the UK and US.