Asset Classes

LSE switches derivatives technology to ease expansion

The London Stock Exchange (LSE) has decided to replace its Nasdaq OMX derivatives trading system with Canadian exchange group TMX’s SOLA platform as part of a plan to develop its derivatives business.

StreamBase connects to Alpha Trading System

StreamBase Systems, a complex event processing (CEP) technology provider, has extended its software to connect to Alpha ATS, an alternative trading venue in Canada.

Buy-side OMS uptake to grow despite downturn – Aite

The adoption of order management systems by the buy-side is expected to continue growing, despite the economic slowdown that has gripped the financial industry, according to a new report from research firm Aite Group.

Apama launches futures spread-trading tool

Apama, the complex event processing and algorithmic trading division of Progress Software, has launched a futures spread-trading application in association with FFastFill, a provider of derivatives trading technology provider.

US equity markets defy volume expectations

US equity trading volumes increased by half in the first two months of 2009, despite widespread falls in asset prices and higher investor redemption levels, according to research from Credit Suisse Advanced Execution Services (AES).

Chi-X Europe names interim replacement for Randall

Chi-X Europe, a pan-European multilateral trading facility, has appointed Mark Howarth as interim CEO, replacing Peter Randall, who is stepping down for personal reasons.

NYSE Arca Europe bucks maker-taker pricing trend

NYSE Arca Europe, a displayed pan-European multilateral trading facility (MTF) created by exchange group NYSE Euronext, started trading today and will offer free trading until April as part of a three-week-long launch promotion.