News

The Singapore Exchange has reported significant growth in derivatives and exchange-trade fund trading, driven largely by the success of Chinese and Indian index futures.

US stock exchange Direct Edge has announced plans to enhance both its EDGA and EDGX platforms with the introduction of new order types and routing strategies.

Warnings about the negative effects of size thresholds for dark orders on execution performance - made in response to the MiFID II consultation conducted by the European Commission - have been supported by broker research.

Dame Clara Furse, non-executive director of Japanese investment bank Nomura, will chair a UK government study into computer-generated trading techniques, including high-frequency trading and the use of advanced trading algorithms.

Goldman Sachs Electronic Trading has introduced a new spread trading application, REDI MAST, for futures and US treasury bonds.

RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has added three directors to its global equities team in Europe.

UBS has launched algorithmic trading for clients dealing in equities dual-listed on Canadian and US exchanges, enabling users to settle in the currency of their choice.

The growth of automated trading since the introduction of MiFID has led to a greater focus on the risks associated with algorithms in the directive's forthcoming review, but how will the proposed changes impact market participants?

Turquoise, the multilateral trading facility operated by the London Stock Exchange, has announced a pricing promotion for all NYSE Euronext European stocks traded on its integrated order book, in a bid to capture market share from its parent's European rival.

Dark pools are expected to take a larger share of US equity trading volumes in 2011 following a 30.7% increase last year, but further rises may be stymied by a long-awaited regulatory clampdown.