News

Most buy-side firms now prefer to use just two or three different execution management systems – a much lower number than previously, according to a new report from Boston-based financial consultancy Celent.

Technology vendor Fidessa has teamed up with Chilean brokerage IM Trust to help the firm enhance its electronic trading offering for international clients.

Agency broker Sanford C. Bernstein has broadened its emerging markets equity execution offering to cover eight new countries.

FTSE International’s decision to increase the minimum free float threshold for UK incorporated companies to 25% of a company’s equity has been hailed as a “step in the right direction but does not go far enough, according to The National Association of Pension Funds.

Qatar's inability to improve foreign ownership limitations and continuing fears over how the UAE deals with failed trades have stopped index provider MSCI from upgrading the two countries to emerging markets status.

Broadridge Financial Solutions, a provider of capital markets technology, has launched its PROactive fee and commission manager tool in Asia-Pacific, which it claims will help market participants reduce their trading costs.

Bank of America Merrill Lynch and TORA have jointly launched Thunder, a front-to-back office buy-side trading platform that combines the broker's equity execution and prime brokerage services with TORA’s trading technology.

Tokyo-based KVH, an information delivery platform, has established a new connection that will facilitate high-frequency trading in Australia just weeks after the Australian Securities Exchange launched a new trading platform tailored for high-speed trading.

New over-the-counter derivatives regulations in Asia will impose significant cost burdens on market participants, while the fragmentation of the region’s markets is expected to spur competition among clearing houses.

Risk management and surveillance firm FTEN and Object Trading, provider of DMA solutions, have teamed up to offer controls for brokers who need a risk management solution for cross-market and cross-asset transparency, to meet the global requirements of new and pending high frequency trading regulations.