Pan-European clearing house EuroCCP, a subsidiary of US post-trade provider The Depositary Trust & Clearing Corporation (DTCC), has appointed Andrew Simpson as head of product management in London.
Trading activity in Europe’s equity markets continued to pick up in April, with total turnover across exchanges and multilateral trading facilities increasing 15.6% to €1.31 trillion, according the latest market share report from data provider Thomson Reuters.
Global technology vendor Sungard has connected its Front Arena cross-asset order management system (OMS) to Burgundy, a multilateral trading facility for Nordic stocks.
Equiduct, a pan-European equity trading platform, has updated its Orange Liquidity Fragmentation Analytics (OrangeLFA) tool to include the execution fees of the trading venues it analyses.
NYSE Technologies, the technology unit of exchange group NYSE Euronext, has struck a deal to host software provider 4th Story’s algorithmic trading solution on its Secure Financial Transaction Infrastructure (SFTI) Integrated Partner Solutions platform.
LCH.Clearnet Ltd and European Multilateral Clearing Facility (EMCF) have become the latest clearing houses to sign a memorandum of understanding to interoperate with each other.
Burgundy, a multilateral trading facility for Nordic stocks, will continue its rollout on Friday with the addition of five Norwegian stocks to its platform.
Orc Software, a global trading technology provider, has released Orc Spreader, a server-based, low-latency, high frequency solution for futures spread trading.