Asset Classes

The London Stock Exchange (LSE) has delayed the introduction of non-displayed order types to its SETS electronic order book.

ITG, an agency brokerage and financial software firm, has adapted its single-stock arrival price benchmark algorithm, Active, for the Asia-Pacific region.

Lee Hodgkinson, head of London-based stock exchange SWX Europe, will become CEO of SmartPool, the non-displayed multilateral trading facility set up by exchange group NYSE Euronext, on 1 May.

US equities trading platform Direct Edge achieved a matched market share of 10.10% on 11 March, pushing it above the 10% mark for the first time. The firm’s previous one-day matched market share record, achieved on 2 March, was 9.18%.

John Lowrey, former European head of electronic trading at investment bank Lehman Brothers, has been appointed CEO of Chi-X Global, succeeding Tony Mackay.

Electronic Liquidity Exchange (ELX), a bank-backed alternative exchange for US Treasury futures, has set its launch date for June this year, subject to approval by the Commodity Futures Trading Commission (CFTC).

Nasdaq OMX Europe, a pan-European multilateral trading facility, is planning to launch Market Replay Europe, a historical market analysis tool for the European market, in the second quarter of this year.

Instinet Europe, the European subsidiary of global agency brokerage Instinet, has connected to NYSE Arca Europe, the pan-European multilateral trading facility (MTF) launched by exchange group NYSE Euronext on Monday.

The London Stock Exchange (LSE) and Oslo Børs have revealed details about how they will cooperate, following the strategic partnership the two exchanges announced last December.

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.