Asset Classes

A number of market participants that source London Stock Exchange market data via third-party vendors are not receiving bid and ask quotes for some stocks.

The Singapore Exchange has broadened the range of American depository receipts offered on its GlobalQuote platform, with Citigroup joining the service as a depository bank.

The planned merger between exchange operators NYSE Euronext and Deutsche Börse will create a derivatives powerhouse, as the cash equities market declines in importance as a revenue stream.

The extent to which capital requirements will be used to encourage central clearing of European derivatives contracts remains unclear following European Commission proposals issued last week, according to brokerage industry body.

The Osaka Securities Exchange has launched a new low-latency derivatives trading system using technology provided by exchange group Nasdaq OMX.

Canadian alternative trading system provider Alpha Group aims to launch a redesigned dark pool in Q2 2011, following alterations prompted by a regulatory review.

The Singapore Exchange has hired Michael Syn in an effort to continue the development and expansion of its derivatives market.

The proposed merger between the London Stock Exchange Group and TMX, the Canadian exchange operator, will be driven by the prospect of increased revenues from emerging markets in the short to medium term, analysts were told this morning.

Nissan Century Securities, a Japanese securities and derivatives broker, has selected technology vendor KVH as the service provider for its new low-latency connectivity offering, specifically designed to target high-frequency trading firms.

Plans to connect stock exchanges in southeast Asia to reduce the cost of cross-border equities trading have moved forward with an agreement on the link's design and the announcement of a tender.