News

LSE's Rolet hails 'robust performance'

The London Stock Exchange expects its trading businesses to deliver a strong finish to its financial year after reporting equity and Italian derivatives growth in its pre-close period update.

Indonesian algo options widen, Philippines gears up

Accessing scarce liquidity in the Indonesian and Philippine equity markets is a constant challenge for institutional investors, but the increasing availability of algorithmic trading solutions should soon result in better execution quality, brokers say.

BAML's Wheatley quits Japan, Asia roles

Bank of America Merrill Lynch has confirmed the departure of Mark Wheatley, the firm's head of electronic trading, Asia Pacific, and head of Japan equities.

Ex-Turquoise CEO's compensation case awaits merger ruling

Former Turquoise CEO Eli Lederman's compensation claim for unfair dismissal is expected to be resolved next month, pending an employment tribunal's view of the acquisition of a majority stake in the multilateral trading facility by the London Stock Exchange in 2010.

LCH looks to interoperability to combat equity revenue slump

Declining volumes and fee reductions contributed to a €16.3 million fall in 2010 equity clearing revenues at LCH.Clearnet, but the Anglo-French central counterparty hopes that progress towards post-trade interoperability in Europe could reverse the trend.