Asset Classes

SmartPool boosts Nordic presence

SmartPool, the non-displayed multilateral trading facility run by exchange group NYSE Euronext, has signed up Swedish bank Skandinaviska Enskilda Banken (SEB) as its newest member and reported a number of market share records in key Nordic indices.

LCH/Chi-X clearing could boost buy-side’s CFD use

European clearing house LCH.Clearnet and multilateral trading facility (MTF) Chi-X Europe have joined forces to offer a clearing service for equity contracts for difference (CFD) trades.

J.P. Morgan expands FX algo offering

Investment bank J.P. Morgan has added two new algorithmic strategies to its MorganDirect AlgoX algorithmic order execution service for foreign exchange (FX) and made the suite available from Bloomberg terminals.

Atrium offers high-speed access to Spanish exchange

Connectivity provider Atrium Network and Visual Trader, a technology company owned by Spanish exchange group Bolsas y Mercados Españoles (BME) are offering connectivity to BME by linking their respective networks.

ITG’s Asia dark pool to tackle fragmentation

Agency broker and technology provider ITG has launched a dark liquidity aggregation tool for the Asian market to counter buy-side concerns about fragmentation.

New products on horizon for Direct Edge

The US Securities and Exchange Commission’s approval of equities trading venue Direct Edge’s application to become an exchange will allow the company to launch new products, according to William O’Brien, the platform’s CEO.

SmartPool’s dark data tool to help traders find liquidity

SmartPool, the pan-European dark pool operated by exchange group NYSE Euronext, has unveiled plans to launch MatchView, a post-trade analytics and data consolidation service for non-displayed trading venues.

New Turquoise aims to topple Chi-X within three years

Turquoise, the pan-European multilateral facility (MTF) purchased by the London Stock Exchange (LSE) in February, has set its sights on becoming the largest alternative trading venue in Europe by 2013.