Multi-manager specialist firm Octopus Investments has extended its use of trading technology provider Fidessa’s buy-side Workstation to trade exchange traded funds. Already an established user of the Workstation, Octopus first deployed Fidessa’s execution management system in 2009.
Deutsche Bank is now providing direct access to the Tel Aviv Stock Exchange, allowing institutional clients to access the bourse through the German bank’s Autobahn Equity business.
Institutional investors are bolstering their due diligence on dark pools in response to a recent sanction of a block-crossing venue in the United States.
Pan-European multilateral trading facility BATS Europe will offer its members a faster, more cost-effective method of order entry following the successful migration of its trading infrastructure to a facility owned by data centre operator Equinix.
Société Générale has launched a new relative value algorithm that gives the buy-side the ability to manage their level of trading aggression when a stock appears mispriced compared to its underlying index.
Nomura and Credit Suisse both announced increased cost cutting efforts in their quarterly results statements today which will reduce headcount in their European operations.
MF Global, a US-based equity and derivatives broker, has filed for bankruptcy and has had its primary dealer status removed by the New York Federal Reserve.
Canadian exchange group TMX has entered a support agreement with Maple Group Acquisition Corporation that would see TMX bought by Maple under a two-step transaction valued at approximately C$3.8 billion.