Turquoise, a pan-European equity trading platform, has joined the MTF common symbology working group because of the operational and trading benefits it will provide to its members.
StreamBase Systems, a complex event processing (CEP) technology provider, has extended its software to connect to Alpha ATS, an alternative trading venue in Canada.
The adoption of order management systems by the buy-side is expected to continue growing, despite the economic slowdown that has gripped the financial industry, according to a new report from research firm Aite Group.
US equity trading volumes increased by half in the first two months of 2009, despite widespread falls in asset prices and higher investor redemption levels, according to research from Credit Suisse Advanced Execution Services (AES).
Chi-X Europe, a pan-European multilateral trading facility, has appointed Mark Howarth as interim CEO, replacing Peter Randall, who is stepping down for personal reasons.
NYSE Arca Europe, a displayed pan-European multilateral trading facility (MTF) created by exchange group NYSE Euronext, started trading today and will offer free trading until April as part of a three-week-long launch promotion.
US equities block trading platform Pipeline is planning to start trading across Europe from Q2 this year. The firm is in the final stages of the authorisation process for its new European platform with the Financial Services Authority, the UK’s financial regulator.
Turquoise, a pan-European multilateral trading facility backed by nine of the largest investment banks, faces a battle to maintain its market share in European equity trading from this week as its market-making agreements expire.
Financial services firm RBS has said its global equities business, including electronic trade execution services, will be a vital part of its strategy as it looks to rebuild after massive losses and part-nationalisation.