News

Thai broker facilitates foreign access to SET

Thai broker United Securities has joined technology vendor Fidessa's connectivity network, enabling Fidessa's users to route direct market access order flow to the Stock Exchange of Thailand.

Cost of Volcker rests on market-making decision

The true cost of the Volcker rule to brokers and their buy-side clients still hinges on where regulators draw the line between market making and proprietary trading, following the publication of implementation guidelines by the Financial Stability Oversight Board last week.

UNX, Deutsche Börse/Cinnober, First Clearing, and more…

Trading technology provider UNX is partnering with investment services firm International Class Actions Management to integrate ICAM's securities data and research services into the UNX Catalyst execution management system.

Instinet announces Canadian dark pool plans

Agency broker Instinet has begun the regulatory filing process for launching a dark alternative trading system in Canada, in addition to enhancing its electronic execution offering in the country.

BAML fined for leaking client trades to prop desk

The Securities and Exchange Commission has fined Bank of America Merrill Lynch US$10 million for misusing customer order information for its own proprietary trading operations and charging clients undisclosed trading fees.

Quote MTF prepares for launch; Atrium connects to PLUS

Trading technology provider the Algo Group has gone live with network connectivity services for pan-European multilateral trading facility Quote MTF, ahead of the venue's launch under new liquidity arrangements on 4 April 2011.