News

Details of an ongoing investigative study into automated trading, sponsored by the UK government, are expected to be announced on Monday 7 February.

US regulator the Securities and Exchange Commission has laid out the requirements for new markets that will trade over-the-counter derivatives, but has included key differences to similar proposals by the Commodities and Futures Trading Commission.

The Johannesburg Stock Exchange has reached an agreement with MillenniumIT, the technology company owned by the London Stock Exchange, to implement a new trading platform in the first half of 2012.

UK regulator the Financial Services Authority has announced that Martin Wheatley will join as a managing director in its consumer and markets business unit.

Fears that the reclassification of broker crossing networks will restrict choice of execution channels have topped buy-side concerns at the close of the consultation on reforms to MiFID by the European Commission.

Exchange group BATS Global Markets has released a real-time latency monitoring service for its BATS BZX Exchange and BATS BYX Exchange members.

The Russian government's plans to transform Moscow into a financial hub have taken a step forward after the country's main stock and derivatives exchanges MICEX and Russian Trading Systems agreed a non-binding deal to merge.

Goldman Sachs Electronic Trading has launched BlockStrike, a strategy that provides clients with the ability to simultaneously search for block liquidity in non-displayed liquidity pools while working an order using an algorithm's existing logic.

Established US and European brokers were ranked highest for equity trading quality in financial consultancy Greenwich Associates' 2010 quality leaders survey.

Eurex, the international derivatives exchange jointly owned by Deutsche Börse and SIX Swiss Exchange, intends to grow its regional membership and further develop partnerships with Asian exchanges, says Roland Schwinn, executive director and head of sales, Asia and Middle East.