Asset Classes

Markit BOAT to flag liquidity to drowning traders

Financial information company Markit is planning to improve the flagging of the post-trade data disseminated by its BOAT over-the-counter (OTC) equities trade reporting and market data service to allow buy-side traders to distinguish available flow more easily.

Nasdaq to boost fees for some order types in March

The Nasdaq Stock Market, exchange group Nasdaq OMX’s main US equities bourse, plans to introduce a fee for removing liquidity using its Mid Point Peg order type from 1 March and hike the routing fee for certain order types.

TradingScreen grants access to SocGen’s FX capabilities

TradingScreen, a provider of execution management systems to the buy-side, has added French Broker Société Générale Corporate & Investment Banking to TradeFX, the vendor’s broker-neutral community of foreign exchange liquidity providers.

BATS sets pricing for new options exchange

US equities bourse BATS Exchange has unveiled the price schedule for its new options platform, BATS Options, scheduled for launch on 26 February.

New ConvergEx algo aims to simplify complex orders

ConvergEx Group, a US agency brokerage and trading technology provider, has released a new equities execution algorithm, Abraxas, which is designed to help traders manage challenging market conditions and handle difficult orders.

CCPs welcome regulators’ calls for better-financed links

Three of Europe’s major central counterparty (CCP) clearers have voiced their support for the UK, Dutch and Swiss financial regulators’ demands for more collateral to support interoperability between clearing houses.

SHUAA to trade equity derivatives on Nasdaq Dubai

Nasdaq Dubai, a stock exchange operating in the Dubai International Financial Centre (DIFC), has admitted brokerage SHUAA Securities to trade on its equity derivatives market.

Liquidnet beats fellow MTFs to Poland

Liquidnet, a buy-side only non-displayed multilateral trading facility (MTF), has become the first pan-European alternative venue to trade Polish equities.

Beta-Gamma launches FX trading suite

Beta-Gamma Research, a provider of trading algorithms and automated trading software, has launched Trigger Trader, a customisable foreign exchange trading tool suite.