Asset Classes

Newedge names new Asia-Pacific, fixed income heads

Newedge, a multi-asset brokerage and clearing provider, has appointed Laurent Cunin as head of the Asia-Pacific region and Pierre Gay as head of global fixed income, currency and commodities (FICC).

German investors lack confidence in equities – Greenwich

A large percentage of German institutional investors plan to leave their equity allocations at low levels over next three years, potentially relegating equities to the status of a niche asset class in the country for the foreseeable future, according to research and consulting firm Greenwich Associates’ 2009 German Investment Management Study.

US futures trading to rebound in 2010 – TABB

Increasing focus on risk management and growing use of advanced trading techniques could prompt US futures trading volumes to rise 14% in 2010 following a 23% slump in 2009, according to a new study by research and consulting firm TABB Group.

InfoReach enhances EMS FX capabilities

InfoReach, a provider of execution management systems and connectivity, has further enhanced the foreign exchange capabilities of its InfoReach Trade Management System (TMS).

Chi-X Europe follows rivals into Ireland

Pan-European multilateral trading facility (MTF) Chi-X Europe is to follow rival trading venues BATS Europe and Nasdaq OMX Europe by introducing trading in Irish shares.

Deutsche Börse to challenge bond trading injunction

German exchange group Deutsche Börse will attempt to persuade the Frankfurt Regional Court to lift before the end of the month the injunction that closed its new electronic bond market.

NYSE Arca achieves sub-millisecond order execution

NYSE Arca, an electronic US equities exchange operated by global exchange group NYSE Euronext, has accelerated order execution following its migration to the group’s Universal Trading Platform.

TSE hopes new trading system will triple volumes

The Tokyo Stock Exchange (TSE) hopes that its new Arrowhead platform for equity and corporate bond trading, which launched successfully at the beginning of this week, will attract substantially greater liquidity to Japan’s leading exchange in the coming months.