EC proposes increased transparency for derivatives, short selling
The European Commission (EC) has tabled proposals aimed at making derivatives trading and short selling more transparent and efficient.
Asset Classes
Pipeline reports record US trade size, gears up for full European launch
Block trading venue operator Pipeline has reported an increase of its average trade size in the US and has said it hopes to be fully operational in Europe by the start of 2011.
Singapore Exchange to start trading ADRs
The Singapore Exchange has stated it will list American depositary receipts of 19 major Asian companies on its new GlobalQuote board from 22 October 2010.
BTIG adds London desk in fixed income expansion
US broker-dealer firm BTIG has appointed a London-based team as part of its global fixed income expansion.
Orc offers DMA access to SMX
Trading systems and connectivity provider Orc Software has introduced a new direct market access service to pan-Asian multi-product commodity and currency derivatives platform the Singapore Mercantile Exchange.
New BAML pairs algo added to RealTick EMS
RealTick, the operator of a global cross-asset execution management system, has added broker Bank of America Merrill Lynch's pairs trading algorithm to the list of tools available on its EMS.
SEC expands circuit breaker scheme
US regulator the Securities and Exchange Commission has approved new rules to expand its circuit breaker programme to include all constituents of the Russell 1000 index and certain exchange-traded funds.
Goodbye to the MTF Generation?
Falling equity trading volumes are threatening the business models of stock exchanges, multilateral trading facilities (MTFs) and dark pools.
SocGen boosts UK equities team
French investment firm Société Générale Corporate & Investment Banking is expanding its UK cash equities team with the addition of two new hires to its London office.
Flash crash concerns hold up ASX competitors
The timetable for introducing competition to the incumbent Australian Securities Exchange may slip to Q1 2011 because of regulatory concerns over a possible repeat of the 6 May flash crash in the US.