Derivatives trading platform NYSE Liffe, a subsidiary of global exchange group NYSE Euronext, has received permission from the Hong Kong Securities and Futures Commission to provide automated trading services in Hong Kong.
Buy-side traders in Asia are experiencing wide variations in VWAP algorithm performance, with Hong Kong and Singapore faring worse than Japan, according to a study by trading platform provider and financial services firm Tora.
Global financial services firm Deutsche Bank has launched an automated equity trading system in Hong Kong that allows client orders to be matched against other client and internal orders.
The Warsaw Stock Exchange has reported a leap in trading by foreign investors in the first half of 2010 to 47% of overall trading value, an 11-percentage-point gain on the same period last year.
Investment technology provider and agency broker ConvergEx Group plans to introduce a new tactical trading algorithm in Europe before the end of the year.
Colt, a business communications and IT services provider, has launched two new trading networks in Europe, which it claims will operate at a significantly lower latency than other similar offerings.
ISI Group, a US-based broker-dealer and research provider, has signed a sponsorship agreement with dark alternative trading system operator BIDS Trading.
Electronic trading and agency-only brokerage firm Instinet has announced the introduction of US-listed futures and options functionality on its Newport 3 execution management system.