Asset Classes

AES could escape Credit Suisse cuts

Credit Suisse Advanced Execution Services (AES), the bank’s algorithmic trading arm, is expected to escape much of the impact of plans to axe 5,300 jobs.

FlexTrade links SOR to Canada’s Alpha ATS

Trading systems provider Flextrade has connected the smart order routing function of its FlexTRADER execution management system (EMS) to Alpha ATS, the Canadian alternative trading platform that went live on 7 November.

Buy-side derivative use to grow despite turmoil – Protiviti

Use of derivatives by fund managers will rise over the next 12 to 18 months despite market turbulence and record levels of redemptions from hedge funds, according to a new report by Protiviti, a risk consultancy.

KRX and Bank of Laos make progress on new exchange

The Korea Exchange (KRX) has signed a memorandum of understanding (MoU) with the Bank of Laos to create a joint venture that will establish a stock market and supervisory authority in Laos by October 2010.

AIM Italia takes a step closer to launch

The rule book for AIM Italia, Borsa Italiana’s answer to the London Stock Exchange’s AIM market for small- and mid-cap stocks, became effective today, bringing the new market closer to launch.

Turquoise fires next shot in MTF price war

Pan-European trading platform Turquoise has revealed a raft of plans designed to boost trading on the platform, including undercutting the taker fees charged by rivals Chi-X and BATS Europe.