India may be catching up with established Asian markets in its adoption of electronic trading tools but many of the country's buy-side firms continue to prefer more traditional techniques, according to a new report by research group Celent.
Hong Kong Exchange and Clearing could reinstate a closing auction next year, according to market participants who have been consulted on possible alternatives to the current method.
Singapore Exchange will add eight more American depository receipts to its GlobalQuote board on 18 May. All the ADRs are fungible with those listed in the US and allow investors to manage their exposure to these companies outside of US trading hours.
GAIN Capital, an online trading services provider, has received regulatory approval from the China Banking Regulatory Commission to open a representative office in Beijing.
A malfunction on the Market Maker Automated Quote Management System introduced by Nasdaq as a consequence of the flash crash has left the US exchange operator paying approximately US$3 million in compensation to market makers.
ConvergEx Group, a trading technology provider, is providing clients with a new suite of solutions to meet high-speed routing and execution needs, through its LiquidPoint options trading platform.
A 1:10 reverse split of Citigroup stock on Friday 6 May, which reduced the number of outstanding shares by a factor of 10 while increasing the stock price by the same multiple, could lead to a near 5% reduction in liquidity on the US market.
Nomura, a Japan-based investment bank, has launched a new execution consulting service within its Asia-Pacific electronic trading division, providing institutional clients with bespoke analysis to enhance their trading strategies.
Bank of America Merrill Lynch has partnered with ETF Securities, a specialist issuer of exchange-traded products, to launch its IVSTOXX ETF, the first exchange traded fund linked to European equity volatility, on Deutsche Börse.