Asset Classes

Liquidnet, a buy-side-only block crossing network, has announced the launch schedule for its Supernatural service in Europe and has signed up 12 liquidity providers.

German exchange group Deutsche Börse has unveiled the pricing schedule for Xetra International Market (XIM), its pan-European trading segment, which is due to launch in November.

US exchange operator BATS Global Markets has unveiled plans to launch a second US equities exchange in early 2010 called BYX.

The Osaka Securities Exchange, a Japanese securities and derivatives bourse, has chosen global exchange group Nasdaq OMX as the new provider of its derivatives trading platform.

Clients of Fidessa can now link to Kabu, a Japanese cash equities proprietary trading system (PTS) aimed primarily at retail investors, via the FIX protocol using the technology provider’s connectivity network or trading platform.

Barcelona-based broking house SeBroker has become a member of NYSE Arca Europe, the displayed pan-European multilateral trading facility operated by global exchange group NYSE Euronext.

Scandinavian hedge fund manager Sector Asset Management has implemented AthenaTrader, an execution management system from trading technology provider Aegisoft, for algorithmic trading of foreign exchange.

Technology firm SunGard has agreed to offer customers of its connectivity network access to NYSE Arca Europe, the displayed pan-European multilateral trading facility (MTF) owned by exchange group NYSE Euronext.

NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, has announced plans to expand its Secure Financial Transaction Infrastructure (SFTI) connectivity network into Asia to improve client links to NYSE Liffe, the group's global derivatives exchange.

Nasdaq OMX Nordic, operator of the national exchanges in Sweden, Finland and Denmark, will start trading Norwegian derivatives from 14 September, exerting further competitive pressure on Norwegian exchange Oslo Børs.