Asset Classes

Nasdaq OMX plans life after MTF closure

Nasdaq OMX may reuse existing trading venue licences in the Nordic region to re-establish its pan-European ambitions, according to Hans-Ole Jochumsen, executive vice president at the exchange group.

BIDS’ share volumes surge in April

US equities block trading venue BIDS Trading’s average daily volume in April 2010 was 45 million shares, 126% higher than the same month last year and a 78% increase on March 2010’s volume.

Apama helps dealers aggregate FX liquidity

Progress Software, a provider of financial software, has made a wider range of single-bank foreign exchange (FX) portals available to dealers via its Progress Apama Capital Markets Framework connectivity network.

Chi-X grabs 30% FTSE 100 share

Chi-X Europe, a pan-European multilateral trading facility (MTF), has reached a new milestone in FTSE 100 trading, breaking through the 30% market share barrier for first time on 4 May.

Turquoise upgrades matching engine to cope with new volume

Turquoise, the pan-European multilateral trading facility (MTF) majority owned by the London Stock Exchange, has improved the performance of its trading engine to help it better cope with growing dark and market maker volumes.

Direct Edge exchange plans delayed

US equities trading venue Direct Edge has delayed the launch of its two trading platforms as fully-fledged exchanges by just under two months.

FX to become new high-frequency battleground – Aite

High-frequency trading in the foreign exchange (FX) markets will rocket to 40% by the end of 2012 from with 25% at the end of 2009, according to a new study by consulting firm Aite Group.

Equiduct targets Nasdaq MTF’s clients

Nasdaq OMX Europe, the pan European multilateral trading facility (MTF), has entered into exclusive talks with Equiduct about the possibility of migrating its client flow to the Germany-based trading venue.