Chi-X Europe has become the latest multilateral trading facility to take advantage of recent changes to clearing and settlement rules in Spain, which it says will offer trading participants “significantly reduced post-trade costs”.
Greywolf Execution Partners, a NYSE Euronext member trading firm, has implemented trading technology provider SunGard's Valdi order management system, Valdi Liquidity Solutions, MarketMap and SunGard Global Network to support its institutional trading business.
A select committee from the Legislative Assembly of Ontario has expressed concern over the amount of control that the London Stock Exchange Group could have on the Canadian market if its merger with TMX Group is approved.
Post-trade processing firm Omgeo says its Central Trade Manager platform, used for the central matching of cross-border and non-US domestic equity and fixed income transactions, has seen 40% year-on-year growth in clients for Q1 2011.
Electronic trading of fixed income and foreign exchange products has increased significantly over the past two years, encouraging a greater adoption of multi-asset trading strategies by institutional investors.
Poor routing decisions, caused by overlooking features of different displayed markets that can affect execution quality, could be costing US investors up to US$4.5 billion per year, according to a new report.
Exchange groups Nasdaq OMX and IntercontinentalExchange (ICE) have made a renewed takeover offer that values NYSE Euronext 21% higher than a rival bid by Deutsche Börse.
With integrated exchange groups pulling in the opposite direction from independent CCPs and trading venues, will the deadlock prevent lower trading costs?