European multilateral trading facility BATS Europe has released details of two new smart order routing strategies, Parallel D and Parallel 2D, which aim to achieve best price and fastest execution respectively.
Options IT, a technology, infrastructure and connectivity provider, has added the Australian Securities Exchange (ASX) to the destinations that its hedge fund, prop trading and broker-dealer clients can access via its PIPE Velocity ultra-low-latency market connectivity service.
Chi-X Global, a trading venue operator and exchange technology provider, has confirmed that chief executive John Lowrey has taken a new role, with his position being filled by Tal Cohen, previously head of Chi-X Americas.
Bertil Meijer, head of equity trading at Dutch buy-side firm APG Investments, has left the firm to join a large, unnamed hedge fund overseas, according to a spokesperson.
Greek regulator the Hellenic Capital Market Commission has lifted its ban on the short selling of shares listed on the Athens Exchange, imposed on 28 April 2010. But the ban on naked short selling has not been lifted.
Singapore Mercantile Exchange, a pan-Asian multi-product commodity and currency derivatives exchange, has commenced operations on its electronic trading platform.
Japanese investment bank Daiwa Capital Markets expects to launch a range of new services within the next six months following the choice of software provider GigaSpaces Technologies to support its electronic trading infrastructure in the Asia Pacific region.