Attempts to improve the transparency of trading volumes in broker-owned crossing networks in Europe appear to need greater coordination following the publication of dark pool data for June 2010.
US asset managers have cut back on DMA for options trading with 97% preferring to use the phone in 2010, up from 91% in the previous year, according to a new study from consultancy TABB Group.
UK-based derivatives systems vendor Patsystems has unveiled an application service provider, XConnect, which will allow market participants to connect directly to multiple exchanges in the Asia Pacific region.
The Committee of European Securities Regulators (CESR), the body that harmonises securities markets regulation across Europe, has issued consultation papers on measures to make the European OTC derivatives market more secure and efficient.
Barclays Capital, the investment banking division of Barclays Bank, has launched a new tool that offers clients real-time analysis of equities trading performance.
The Polish Treasury Ministry has chosen four companies to manage the initial public offering of the Warsaw Stock Exchange, scheduled to take place in November.