The US Securities and Exchange Commission (SEC) has implemented new measures designed to protect investors against abusive short-selling, including a enhanced disclosure regime for the reporting of short-sales.
Bank of America Merrill Lynch has added four new US options algorithms to its electronic trading platform to complement its existing options and stock specific strategies.
There was a flurry of progress in the central clearing of credit default swaps (CDS) at the end of last week, as two firms announced launch dates for their European CDS solutions and one company revealed plans to launch a buy-side-tailored CDS clearing service.
The London Stock Exchange and pan-European multilateral trading facilities (MTFs) Chi-X Europe, Nasdaq OMX Europe, BATS Europe and Turquoise have agreed on a list of 12 FTSE 100 stocks that will trade with finer tick sizes on their respective platforms.
Technology will be the most significant driver for growth in the US options market, as market-makers start to rely more heavily on automated black-box strategies, according to new research from consultancy TABB Group.
Global exchange group NYSE Euronext plans to move its primary European data centre, which hosts its matching engine, from France to London, UK in a bid to lure more high-frequency business to its European exchanges.
The London Stock Exchange (LSE)’s decision in April to abandon plans to start trading contracts for difference (CFDs) on its order book highlights the difficulties investors face in converting an over-the-counter (OTC) product into an exchange-traded instrument, according to a new report from research and consulting firm TABB Group.
A recent error in the reporting of over-the-counter (OTC) equity trades, which artificially inflated exchange group NYSE Euronext’s market share of the UK’s FTSE 100 index in June, has highlighted the continuing problems the buy-side faces in obtaining accurate post-trade data in post-MiFID Europe. This has prompted some to call for regulatory intervention.
Interxion, a European data centre operator, has agreed to provide members of specialist Nordic multilateral trading facility (MTF) Burgundy with proximity hosting services and enable low-latency access to the platform from outside the Nordic region.