Trading and risk systems vendor Patsystems will supply Phillips Securities Japan with technology to support its retail brokerage and execution business on Japanese derivatives venue Osaka Securities Exchange.
US derivatives regulator the Commodity and Futures Trading Commission has voted to delay the effective date of new US derivatives rules introduced by the Dodd-Frank Act until 31 December 2011.
Low-latency trading technology provider Redline Trading Solutions has launched InRush NBBO, a solution for calculating the national best bid and offer for US equities.
A new algorithm developed by GETCO will leverage the Chicago-based electronic market maker's trading strategies to give buy-side clients access to high-frequency liquidity untapped by other algo providers.
PLUS Stock Exchange (PLUS-SX), the UK-based small- and mid-cap-focused equity market, has announced three new initiatives designed to improve liquidity, visibility and issuer quality on its platform.
Portware and UNX, two suppliers of execution management systems, have each partnered with providers of cloud computing services to support their offerings to clients.
The Singapore Exchange has strengthened its risk management and regulatory team with new appointments including Richard Teng as head of regulation, Kelvin Koh as head of market surveillance and Annie Ong as acting head of enforcement.
A group of four exchanges involved in the Association of Southeast Asian Nations trading link has selected trading technology provider SunGard to supply the infrastructure for the network following a protracted selection process.
Market operator the London Stock Exchange has won a tribunal brought by the former CEO of Turquoise, the multilateral trading facility the LSE acquired in February 2010.