Chi-X and Turquoise to launch in Spain
Pan-European multilateral trading facilities Chi-X and Turquoise have revealed plans to start operating in Spain.
Equities
New DMA service, trading platform for Malaysia
Global investment bank UBS has launched direct market access on Malaysia’s national stock exchange, Bursa Malaysia.
Egyptian exchange selects Nasdaq OMX engine
The Egyptian Stock Exchange (EGX) has become the latest bourse to implement a trading platform from global exchange group Nasdaq OMX.
Two MTFs could fail in 2009 – NET2S
There is not enough trading volume to sustain Europe’s new execution venues, according to Frederic Ponzo, managing director of financial technology consultancy NET2S.
UPDATE: New Chi-X Asia-Pacific CEO targets 2009 launches
The new CEO of Chi-X Asia-Pacific, Joe Marchal, hopes to establish trading platforms in four new markets in the region before the end of next year.
Nasdaq OMX aims to bring Baltic markets closer to Europe
Global exchange group Nasdaq OMX is to extend its trading hours for all asset classes on its Baltic exchanges, in a bid to generate greater trading activity and attract more foreign investors.