The Australian Securities and Investments Commission (ASIC) has launched a consultation prior to opening up the Australian capital markets to competition between trading venues.
The Singapore Stock Exchange has reported a 17-month high in its securities average daily value in October, while the FTSE Xinhua A50 futures and Nikkei 225 index options experienced renewed investor interest, breaching records for monthly volume.
Liquidnet, an equity block trading venue that covers 37 markets, has reported record growth in Asia-Pacific this year, already surpassing the annual total traded in 2009.
Mexican derivatives exchange MexDer has chosen trading technology firm RTS Realtime Systems Group to provide the technology solution for the venue's imminent 'south to north' order routing agreement with the Chicago Mercantile Exchange.
Canadian exchange group TMX is planning to open an office in London in early 2011, as part of a drive to build up its presence in the UK and European markets across financial services and exchanges in the equities, derivatives, data, energy and fixed-income markets.
UBS Investment Bank has launched direct market access capabilities for clients that want to trade on Bolsa Mexicana de Valores, the domestic Mexican stock exchange.
US financial regulator the Securities and Exchange Commission voted unanimously on 3 November to adopt a new rule that requires brokers and dealers to have risk controls in place before providing their customers with access to the market.
Adoption rates of innovative order management systems in Asia are being accelerated in large part by the complexity of regulatory regimes in the region and the need of asset managers for operational efficiency, according to senior executives of technology company and agency broker ConvergEx Group.
The launch of Credit Suisse's ultra-low-latency direct market access service in Australia marks an extension of the bank's efforts to cater for high-frequency traders in Asia-Pacific, a region where the hurdles of providing such services are as diverse as the opportunities they seek.