US trading venue operator BATS Global Markets has received approval from the Securities and Exchange Commission to launch its primary listings business.
US broker-dealer Raymond James has chosen the RA-ShortCut FIX adapter, provided by technology solutions firm Rapid Addition, which extends Microsoft's BizTalk middleware platform.
Leading pan-European multilateral trading facilities have codified the responsibilities of market makers to ensure a harmonised approach to the ban on short selling bank stocks introduced by a number of European countries in mid-August.
The Australian Securities Exchange has signed a letter of intent with international central securities depository Clearstream, part of Deutsche Börse, to develop a new service that will help market participants manage their collateral requirements more efficiently.
Financial technology provider SunGard is to consolidate its high-touch execution services trade desk into its Valdi Liquidity Solutions business, uniting the firm's high- and low-touch trading capabilities.
Trading technology provider and agency broker ConvergEx has named Michael Hutner and A.J. De Rosa co-heads of global sales for its order management system, the Eze OMS.
Nearly two-thirds of market participants consider sales trader indiscretion the most significant source of information leakage in today's markets, according to August's poll on theTRADEnews.com.
BM&F Bovespa, the Brazilian exchange group, will begin the first stage of its trading platform upgrade, developed jointly with US derivatives market operator CME Group, on 29 August.
Generalist investment trust Alliance Trust and wholly-owned subsidiary Alliance Trust Asset Management have selected software provider Charles River Development's investment management system as a single consolidated platform for its equity and fixed income operations.
Pan-European central counterparty EMCF has extended its product portfolio with the addition of over-the-counter clearing services for Citi's Automated Trading Services platform.