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.
Europe's most significant trading venues all experienced a growth in trading volumes in November, with multilateral trading facilities posting particularly strong gains.
Chi-X Japan, the Japanese proprietary trading system owned by trading venue operator Chi-X Global, has reported turnover of ¥50.2 billion in November, a five-fold increase on October, when shares worth ¥9.6 billion were traded on the platform.
The increased rate at which electronic trading tools are being rolled out to offer greater buy-side access to the Malaysian and Indonesian markets reflect growing client demand and the gradual advancement of their domestic markets in terms of trade execution options, brokers say.