The headline issue for the European Commission's review of MiFID is dark pools. Introducing a threshold for order sizes on dark pools could threaten the models of some but equally could improve the buy-side's ability to trade large blocks.
The Australian Securities Exchange has launched ASX Trade, its new platform for equities and derivatives trading, which it claims is among the fastest in the world.
Corvil, a supplier of latency management tools, has enhanced its CorvilNet product to help buy-side firms ensure their orders are being fairly handled by their sell-side counterparts.
SIX Exfeed, the market data dissemination service of SIX Swiss Exchange, is to launch an unbundled post-trade market data feed for subscribers of real-time information.
The European Commission has proposed tightening up the regulations governing trading venues in its MiFID consultation, including the creation of a new regulatory category for broker dark pools.
International asset management firm Henderson Global Investors is using the Bloomberg Transaction Cost Analysis tool for its global equities trading business, in an effort to stay ahead of mounting regulatory scrutiny and increased competition for assets among buy-side firms.
Otkritie, a Russian financial services group, has chosen to locate servers at the City of London data centre operated by Interxion to provide DMA connectivity to Russia.
Exchange operator and system provider Nasdaq OMX Group and Indian asset manager the Motilal Oswal Asset Management Company, a subsidiary of Motilal Oswal Financial Services, plan to set up an exchange-traded fund in India, based on US equities.