UBS has extended the reach of PIN-FI, its internal fixed income liquidity platform for institutional buy-side clients, through a partnership with order and execution management system vendor TradingScreen.
In a year which saw dramatic losses at major Wall Street banks and falls in the equities markets, Citi was worst hit yet Morgan Stanley seemed to pull through relatively unscathed.
Dealers are turning to liquidity aggregation systems to keep their buy-side clients satisfied as the arrival of swaps execution facilities (SEFs), the new breed of exchange created under the US Dodd-Frank Act to trade OTC derivatives, draws closer to reality, according to a new report by financial research firm TABB Group.
ConvergEx Group, an agency broker and provider of trading technology, has extended its ADR Direct service to Korea and added four new markets to Asian algo suite.
A dramatic increase in equity options trading at NYSE Euronext’s US-based NYSE Arca and NYSE Amex platforms suggests that institutional investors are increasing their use of other asset classes as they look for other ways to find returns.
Europe has had the highest levels of synthetic exchange-traded fund issuance in the world, according to a new report by financial research firm Celent.
The Options Clearing Corporation said total cleared contract volume in 2011 reached 4.6 billion contracts, a 17% increase over the 2010 volume of 3.92 billion contracts.
US regulator the Commodity Futures Trading Commission has decided on a 30-minute price disclosure delay for swaps trades, although some market participants have questioned whether the increased delay is necessary.
US-based market operator BATS Global Markets has filed a proposal with regulators to establish a market making programme designed to support its recently-launched primary listings business.