US bourse BATS Exchange has received regulatory approval from the US Securities and Exchange Commission (SEC) to launch its proposed options platform and plans to go live before the end of February.
US agency broker and block crossing system operator Pipeline has added a block equity options crossing capability to its order control system for the buy-side.
European buy-side traders have welcomed recent steps by brokers to provide more transparency on dark pool trading activity, but more accurate real-time post-trade data remains a distant aspiration.
The Singaporean subsidiary of Japanese broker Mizuho Securities has connected to European derivatives exchange Eurex via the bourse’s Singapore access point. The exchange said Mizuho is the first Japanese broker to connect to the exchange via Singapore.
European multilateral trading facility BATS Europe has revealed plans to launch a smart order routing service to exchanges, fellow MTFs and dark pools on 15 February.
Broking house Crédit Agricole Cheuvreux has started offering clients the ability to gain exposure to the Saudi Arabian equities market using proprietary notes (p-notes).
AlgoTrader, a provider of broker-neutral, multi-asset-class algorithmic trading services, has implemented a new function in its SpreadHawk execution management system to help traders hedge currency exposures.
The Advanced Execution Services (AES) division of investment bank Credit Suisse has added its options algorithms to data vendor and technology supplier Bloomberg’s execution management system, EMSX.
Brokerage house MF Global has announced a realignment of its equity business in the US, which includes an expansion of its portfolio and electronic trading services teams.
The London Stock Exchange (LSE) expects challenging conditions in the remainder of its financial year following a reduction in trading volumes, values and revenues in the first nine months.