The battle for the diminished commission wallet of US institutional investors could lead to a greater integration between high- and low-touch services by the sell-side in 2011, according to a new study by TABB Group.
A US trade body, the Securities Industry and Financial Markets Association, and consultancy Oliver Wyman have warned against onerous restrictions for market makers as US regulators finalise the Volcker Rule.
The Istanbul Stock Exchange has introduced an automatic circuit breaker system, enabling fully automated suspension of trading on a stock-by-stock basis.
Pan-European clearing house LCH.Clearnet and multilateral trading facility Chi-X Europe will this week launch a contracts-for-difference (CFD) clearing service, designed to support the goal of regulators' to increase central clearing of over-the-counter trades.
High-frequency trading will continue to grow in most parts of the world despite the likely imposition of restrictions, according to a new paper from agency broker Instinet.
John Serocold has left his position as managing director, equities, at sell-side trade body the Association for Financial Markets in Europe to join the International Capital Markets Association, a group that promotes efficiency in financial markets.
The largest domestic exchanges in Asia struggled to attract greater volumes in 2010, with only Singapore and Hong Kong registering modest levels of growth.