News

BATS Options reports first year performance

Trading venue operator BATS Global Markets has reported volume numbers for May 2011, including 3.9% matched market share for BATS Options, the US derivatives venue launched just over a year ago.

Chi-X Australia launch supported by major brokers

Chi-X Australia, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global, has released the names of brokers that intend to participate in its market launch, expected in Q4 2011.

SGX consults on opening and closing procedures

The Singapore Exchange (SGX) has launched a consultation on the pre-opening and closing mechanisms on its securities market with the aim of improving transparency and price discovery.

Australian dark pools unfettered by regulations

The expected introduction of dark pool trading rules in Australia as part of market-wide regulatory changes should not pose major obstacles to the future development of these off-exchange liquidity venues, market participants say.

HKEx eyes global investors with after-hours futures trading

The proposed introduction of after-hours futures trading by the Hong Kong Exchanges and Clearing is aimed at attracting European and US investors, but may also support the exchange's key strategic goal of meeting latent international demand for renminbi-denominated products.

LSE's Turquoise takes first step in derivatives offensive

Turquoise Derivatives, the pan-European derivatives market operated by the London Stock Exchange Group, will go live on 6 June, offering at first only FTSE futures contracts but expecting to move forward with other products before the end of the year.