Telecommunications provider BT and agency broker Lime Brokerage have launched a low-latency pre-trade risk control solution for broker-dealers, designed to help them comply with new US Securities and Exchange Commission rules.
RTS Realtime Systems, a high-frequency and algorithmic trading solutions vendor, has entered into exclusive negotiations to acquire trading technology firm First Futures Software to extend its capabilities in India.
US institutional investors are making increasing use of exchange-traded funds in their portfolios, with many firms deploying them to achieve active exposures, according to a new study by research firm Greenwich Associates.
Agency broker and trading solutions provider ITG has launched a new version of its Liquidity Filter technology, which it claims will help the buy-side trade large orders across multiple dark pools – including those containing toxic flow – with minimum information leakage.
The US subsidiary of Instinet, the agency brokerage services and technology provider, has added an intraday match to its volume weighted average price cross to reduce the cost of executing illiquid and sensitive orders.
Regulators are keen to ensure they can manage the risks associated with algorithmic trading but the extent to which they do this will determine the impact of this on execution performance.
Multilateral trading facility BATS Europe plans to launch an exclusive preferred interoperable clearing program to allow trading participants the choice of a preferred clearer from three interoperating clearing counterparties as of late July, pending regulatory approval.
The London Stock Exchange has launched a new sponsored access model for its UK cash market that passes the responsibility for managing order flow to the exchange.
Naoki Matsuba, currently Americas CEO and joint head of global equities at Japanese investment bank Nomura, will relocate to Tokyo to focus solely on the bank's equities business, in partnership with London-based Benoit Savoret.