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.
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.
Trading technology provider NYSE Technologies, a subsidiary of exchange group NYSE Euronext, has launched two products designed to help trading firms manage the growth in quote capacity requirements for US options trading.
Clearing interoperability in Europe's equities markets now seems likely to be enshrined in the European market infrastructure regulation, but the new framework may not be signed off during the Hungarian presidency of the Council of the European Union, which closes at the end of June.
The Council of the European Union has voted to permit member states to opt out of a ban on naked short-selling of sovereign credit default swaps, but other types of regulatory arbitrage could pose additional problems.