NYSE Liffe, the European derivatives business of NYSE Euronext, has received regulatory approval from the Comissão de Valores Mobiliários, the Brazilian securities regulator, to offer direct electronic access to its London market with immediate effect.
Italian asset management firm Eurizon Capital, a subsidiary of banking group Intesa Sanpaolo, has implemented a trading solution from software firm Charles River Development across its equity and fixed income trading operations.
Buy- and sell-side market participants should look beyond Europe's established multilateral trading facilities in search of best execution, according to analysis by trading technology provider Fidessa.
EuroCCP, the pan-European cash equities central counterparty, has been authorised by the UK's Financial Services Authority to provide clear services under interoperable arrangements for multilateral trading facilities BATS Europe and UBS MTF.
Thomson Reuters, a provider of market data and information services, has announced a restructuring of its markets division, which it claims will accelerate growth by simplifying its business.
Bank of America Merrill Lynch has launched BofAML Express, a new low-latency market access platform for US equities that delays orders for no more than 10 microseconds for pre-trade risk controls, according to the broker.
ConvergEx Holdings, the parent company of US technology provider and agency broker ConvergEx Group, is to be acquired by funds advised by private equity firm CVC Capital Partners, in an all-cash transaction expected to close in the early autumn.
SIX x-clear, the clearing arm of SIX Securities Services, is launching a new incentive program to win business on trading venues that offer post-trade interoperability.
The European Securities and Markets Authority, the pan-European securities regulator, has released a new consultation on automated trading which seeks to clarify the obligations of market participants under the legislative framework provided by MiFID and the Market Abuse Directive.