News

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.

Pipeline, an agency broker and block trading venue operator, has confirmed that it plans a full launch of its system in Europe on 26 May.

Market operator Deutsche Börse has added eight new State Street Global Advisors-issued exchange-traded funds to its Xetra platform, including five linked to the performance of companies in emerging markets.

Beyond providing communication between trading systems, FIX Protocol Ltd is increasingly taking a role as a voice for buy-side market participants says Edward Mangles, regional director, Asia Pacific, FIX Protocol Ltd.

The Swiss National Bank has given the green light to SIX x-clear, the central counterparty owned by SIX Group, for its interoperability arrangement with UK-based clearer LCH.Clearnet for the second time.

Fusion Systems, a provider of low-latency trading solutions, has announced that Raptor, its DMA system, has connected to the AMS/3 trading platform of Hong Kong Exchanges and Clearing.

Investment bank Brown Brothers Harriman has hired Scott McLaren as head of relationship management and sales for Asia.

Daiwa Capital Markets, the investment banking arm of Japan's Daiwa Securities Group, intends to expand its DRECT electronic trading and routing platform to India in Q3 2011, as part of an upgrade to the service in Asia.

Thomson Reuters has formed a strategic relationship with technology provider StreamBase to deliver complex event processing technology, which can be used to power high-frequency trading strategies, over Elektron, the firm's high-performance global network.