Asset Classes

Combined clearing service underway in Europe

A new pan-European equities matching and central counterparty clearing service for hedge fund transactions will streamline process flows and mitigate counterparty risks, according to post-trade processing firm Omgeo and clearing house EuroCCP.

Singapore Exchange considers all-day trading

Asian trading venue the Singapore Stock Exchange is consulting market participants on a proposal to introduce continuous all-day trading on its securities market.

Competition snowballs in Nordic market

Danske Bank and Swedbank have unveiled enhancements to their electronic trading capabilities, reflecting increased competition for algorithmic trading flow in the Nordic region.

SIX x-clear to clear for UBS MTF

Swiss clearer SIX x-clear has agreed to supply central clearing services for all trades conducted on the new dark multilateral trading facility for European stocks, operated by Swiss investment bank UBS.

LSE hosting facility opened to tech vendors

The London Stock Exchange has opened up its exchange hosting facility to vendors and service providers to offer its members a wider range of low-latency services.

BATS goes live with second US equity platform

Market centre operator BATS Global Markets has launched its second US equities exchange, BYX, which will offer members a rebate for removing liquidity.

Is exchange competition increasing operational risk?

A total shutdown across the NYSE Euronext's European markets toward the end of trading on Wednesday 13 October marked the second incident in three days where trading did or did not stop as intended on exchanges managed by the global exchanges operator.

CBOE confirms launch date for C2 exchange

US-based trade venue Chicago Board Options Exchange (CBOE) has stated that its new all-electronic exchange, C2 Options Exchange, will open on Friday, 29 October 2010.