No clear path from the dark to the light – The TRADE poll
Market participants are divided over the likely fate of dark pools in 2011, according to the results of the January poll on theTRADEnews.com.
News
Regulatory change spurs ConvergEx ADR growth
Execution technology provider ConvergEx has reported record growth in its American depository receipt trading (ADR) owing to increased availability of instruments.
Bloomberg Trading Solutions releases Hedge Fund Tool Box
Trading technology provider Bloomberg Trading Solutions has launched Bloomberg Hedge Fund Tool Box, a platform which offers fund managers and traders tools for a range of front- and back-office functions.
Rule's new tool helps OTC margin calculations
Rule Financial, a business and IT consultancy, has launched Margin Analytics Accelerator, a suite of tools for clearing over-the-counter instruments aimed at limiting the costs that buy-side firms face on the back of new regulations.
HSBC commemorates Chinese New Year with new ETF
Banking group HSBC has launched an exchange-traded fund covering Chinese stocks that will be listed on the London Stock Exchange to mark the start of the Chinese New Year.
SJ Levinson gives new perspective on trade analysis
SJ Levinson and Sons, a US-based mid-tier institutional brokerage firm, has revamped its Trade Analysis Program, giving its clients a number of new ways to scrutinise execution performance.
Buy-side firms unprepared for OTC derivatives reform
Buy-side institutions may face unnecessary costs due to inefficiencies in their handling of over-the-counter derivatives trading, according to a survey conducted by custodian BNY Mellon and research firm InteDelta.
China's QDII managers look to upgrade systems
Efforts by China's asset managers to bring their trading platforms and technology up to global standards are gathering pace as they look to capture opportunities offered by the Qualified Domestic Institutional Investor scheme.
Is clearing competition coming to Asia?
In Asia, where competition in clearing has been slow to develop, Chi-East's use of an independent central counterparty for clearing Japanese securities traded on its platform could encourage other markets to open up their clearing landscape in the longer run, says Ned Phillips, CEO of Chi-East.
Asian commission pool under strain
A reduction in the capital allocated by institutional investors for commission payments in Asia is putting put pressure on smaller sell-side firms operating in the region and will lead to frozen broker lists in 2011.