Asset Classes

Nomura reclassifies dark pool for commercial reasons

Nomura will become the first investment bank to register its crossing network as a multilateral trading facility (MTF) in January, which will open up the bank’s internal liquidity to the rest of the street.

BATS Europe appoints LCH as Irish clearer

UK central counterparty LCH.Clearnet Limited will start clearing trades in Irish stocks conducted on pan-European multilateral trading facility (MTF) BATS Europe through its EquityClear service from 22 January 2010, subject to regulatory approval.

Portware links to Chi-X Canada

Portware, a trading technology provider, has connected to Chi-X Canada, an alternative trading system for stocks listed on the Toronto Stock Exchange.

BofA Merrill launches new Canadian equity algos

Bank of America Merrill Lynch has enhanced its algorithmic trading platform for Canadian equities, adding several algorithms that are well-known in other markets and making changes to improve execution performance.

Goldman enhances EMS’s derivatives trading tools

Goldman Sachs Electronic Trading (GSET) has released version 9.1 of its REDIPlus execution management system (EMS), which includes expanded options and futures trading capabilities.

TSE’s new trading platform gets a speed boost

The Tokyo Stock Exchange (TSE) has reaffirmed plans to launch its Arrowhead trading system for stocks and corporate bonds on 4 January 2010, and has provided new details about the system’s speed, performance and data distribution capabilities.

BATS Europe becomes latest MTF to trade in Spain

BATS Europe, the pan-European multilateral trading facility (MTF) operated by US-based exchange group BATS Global Markets, will start trading Spanish stocks from 11 December.