Knight Capital Group, a US-based financial services group, has launched a fixed income service for investment advisors, hiring five ex-Morgan Stanley traders and relationship managers to lead the team.
Pan-European central counterparty EMCF has restructured its tariffs for clearing equity trades, in a move that is expected to grow the total level of trading in Europe.
FlexTrade Systems, a supplier of multi-asset execution management systems (EMS), has launched a new cross-currency spread programme for trading equities in the US, Europe and Asia.
Citigroup has made a raft of hires in its central and eastern Europe, Middle East and Africa operations as it looks to boost its emerging markets equities business.
Buy-side firms say clarifications are needed to a proposal by the Securities and Exchange Commission (SEC) to increase monitoring of firms deemed to large traders.
NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, has teamed up with latency management firm Corvil to develop an online resource for monitoring data latency performance.
Tradeweb, a technology and electronic trading platform provider, has added UK market making firm Winterflood to its Autex indications of interest service.
Japan-based investment bank Nomura has said it will open up its NX dark pool in Hong Kong to include all of its internal institutional flow from 21 June.
NYSE Arca Europe, the pan-European multilateral trading facility owned by exchange group NYSE Euronext, has become the latest execution venue to offer trading in Hungarian and Czech blue chips.