News

Deutsche Börse has launched a new exchange-traded fund on its Xetra trading platform to help investors gain exposure to the BRIC markets.

US trading technology provider and agency broker ConvergEx Group has appointed two senior business development heads, Daniel Rooney and Ian Mawdsley, to its RealTick global execution platform business.

Hong Kong's financial markets regulator the Securities and Futures Commission has appointed Ashley Alder to the post of chief executive officer for a three-year term, effective 1 October 2011.

NYSE Technologies' new Tokyo liquidity centre will help clients reduce costs and leave them to "concentrate on what they do best without having to worry about the plumbing”, says Laurence Thiery, managing director, APAC strategy and solutions at NYSE Euronext in Singapore.

With proprietary trading systems steadily taking share from Japan's main bourses, the merger between the Tokyo Stock Exchange and the Osaka Securities Exchange may yet be completed by the autumn, but it's far from a done deal.

Market participants have expressed frustration at the lack of clarity from Canadian regulators following the publication of responses to a recent paper on dark trading.

New York-based broker Auerbach Grayson has launched a global fixed income and sales trading platform for frontier and emerging markets and has appointed Tim Slaughter to lead the initiative.

Canadian exchange group TMX has bought Atrium Network, a provider of low-latency network solutions in North America and Europe.

Five investment banks have announced their intention to use EuroCCP, the pan-European central counterparty owned by US post-trade utility DTCC, as their preferred clearer in interoperability arrangements.

Market surveillance systems provider RedKite has said that new guidelines from the European Securities Markets Authority on automated trading could affect between 80-90% of order flow, forcing many firms to increase their investment in real-time market surveillance equipment.