Asset Classes

Deutsche Börse launches new Xetra data feed

Deutsche Börse Market Data and Analytics, the information services division of German exchange group Deutsche Börse, has launched CEF ultra+ Xetra, a new multicast data feed for the Xetra electronic order book.

Credit Suisse launches algos for Indian equities

Investment bank Credit Suisse’s Advanced Execution Services (AES) electronic trading unit has launched a suite of algorithmic strategies for trading Indian equities.

Goldman responds to calls for US dark pool transparency

Broker-dealer Goldman Sachs has announced that, starting June 2009, it will report all volumes traded in its SIGMA X dark pool on a single-counted basis rather than counting each side of a trade separately.

EuroCCP calls for interoperability convention

Pan-European clearing house EuroCCP has proposed the adoption of a single, standard European convention for interoperability between providers of central counterparty (CCP) clearing services.

European trading venues risk war over tick sizes

Multilateral trading facilities (MTFs) and exchanges are on the verge of igniting a tick size war that could decrease market efficiency and prove detrimental to investors searching for liquidity in European stocks.

Europe’s post-trade tape as complex as EBBO

While there has been much focus on improving pre-trade transparency in post-MiFID Europe through the introduction of a European best bid and offer (EBBO) data feed, fragmentation of post-trade data is also causing headaches for buy-side traders, prompting calls for a single, centralised source of trade reporting information.

Nasdaq MTF launches tiered rebate scheme

Nasdaq OMX Europe, a pan-European multilateral trading facility (MTF) owned by global exchange group Nasdaq, has introduced a rebate scheme that will reward participants for posting a certain amount of liquidity on the platform.

MTFs go it alone on tick sizes

In a move that could see them capture additional market share from incumbent exchanges, two multilateral trading facilities (MTF) are this week stepping up their efforts to adopt standardised tick sizes across European trading venues.

Thomson Reuters and Tullett extend tick data offering

Tullett Prebon Information (TPI), the market data division of inter-dealer broker Tullett Prebon, has made its historical tick-based price data available through information services provider Thomson Reuters’ Datascope Tick History (RDTH).