Trading technology provider InfoReach has introduced Prelude, its multi-asset class execution management system that aims to provide a "low cost, no-risk" global trading platform for institutional trading and analysis.
Wedbush, a US-based full service investment bank, has announced the acquisition of agency brokerage and high-speed trading technology provider Lime Brokerage.
Liquidity fragmentation and high-frequency trading flow have made the ability to analyse execution costs in real time a crucial tool for brokers in their pursuit of best execution, according to a new white paper from Fidessa.
A new organisation which aims to facilitate discussion of cross-industry topics between European investment management firms and other market participants has been established in London with the support of brokers Barclays Capital, Instinet, Bloomberg Tradebook and ICAP.
US dark volumes reached a record high in April as equity market volatility fell, with pools that focus on institutional investors among those gaining, according to agency brokerage Rosenblatt Securities' monthly report.
Regulators are determined to increase transparency in Europe's equity markets, in part by enforcing a tighter trade reporting regime as part of MiFID II. But the increased cost of risk trades for institutions could outweigh the proposal's benefits.
The London Stock Exchange Group has been selected to provide technology and related services to a new cross-market central counterparty mechanism for central and eastern European capital markets.
The Association for Financial Markets in Europe, a sell-side industry body, has warned of risks to European economic growth after the European Parliament voted to implement a financial transaction tax earlier this week.
J.P. Morgan has appointed Ken Kishimoto as managing director and head of Japan equity trading, responsible for the bank's cash equities and equity derivatives trading platforms in the country.
Exchange group NYSE Euronext has claimed that its European equity markets offer superior liquidity over pan-European multilateral trading facilities (MTFs).