News

Trading technology provider RTS Realtime Systems Group has opened an office in Hong Kong, as part of its ongoing expansion in the Asia-Pacific region.

Pipeline Trading Systems, the electronic institutional brokerage firm, has released a streaming, at-trade analytic tool to help traders maximise alpha capture and minimise adverse selection.

Canadian asset managers will spend heavily on electronic trading systems in 2011, according to a new report, 'Canada Survey: Partnering in Technology and Services', by research firm Aite Group.

US derivatives regulator the Commodity Futures Trading Commission has proposed that trading firms should provide the details of price collars, throttles and a 'kill button' that are built into their derivatives trading systems to limit the risks associated with DMA.

Chi-X Australia, an alternative trading system, is expected to launch in Q4 this year following the publication of a timetable by national regulator the Australian Securities and Investment Commission for implementing new market integrity rules.

The Tokyo Stock Exchange has achieved the first target of its arrowhead development project in terms of speed and reliability over the past year, according to Noriyuki Takahashi, the exchange's associate of IT development – and the man with ultimate responsibility for the platform.

Liquidity provided by market maker trades on alternative trading venues can be a hindrance to true price discovery and may result in added transaction costs for fundamental investors, says Will Psomadelis, head of trading, Australia at Schroders Investment Management.

Deutsche Börse will introduce a low-latency access point in London in spring 2011, following an agreement with data centre provider Telehouse, a subsidiary of Japanese telecoms operator KDDI.

European dark multilateral trading facilities sustained their strong start to the year, trading €22.32 billion of equities in February, over double the €11.02 billion traded in the same month last year, according to data provider Thomson Reuters.

NYSE Euronext, which recently agreed to merge with fellow exchange operator Deutsche Börse, has signed a letter of intent with Japan's Tokyo Stock Exchange to give members access to each other's markets through a network linkage.