Asian trading venue the Singapore Exchange has introduced Standard Chartered Securities, a unit of the emerging markets-focused banking group, to its securities market as a clearing and trading member.
The US financial markets regulator, the Securities and Exchange Commission, is at last on the brink of voting through legislation that will effectively ban 'naked' or 'unfiltered' sponsored access.
Buy-side traders in the US and Europe harbour worries about the consistency of quality of their transaction cost analysis data and the impact this has on their ability to achieve best execution.
Orc Software, a Sweden-based trading technology supplier, has unveiled Orc Hosted, a suite of fully-managed trading tools for brokers that want connectivity to trading venues and other brokers.
Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has experienced a two-hour outage, with trading shut down from 08.31 to 10.37 UK time on 2 November on both the venue's integrated order book and its mid-point dark order book.
US-based institutional broker Concept Capital has appointed Patrick J. Gallagher, former founding partner of BDR Research, to its capital markets division as head of institutional sales.
Institutional clients of agency broker Instinet Europe can now access Equiduct Systems' HybridBook pan-European trading platform, following the successful completion of testing.
The security of trading OTC derivatives via exchanges and central counterparties could increase buy-side use, but equally the additional costs needed to make the model work may prove prohibitive.
Buy-side crossing network and agency brokerage Liquidnet has expanded its trading operations to include listed securities from Israel, becoming the first block trading venue to offer direct electronic access to a Middle Eastern market.