News

Alternative trading platform provider BATS Global Markets has launched two new Parallel smart order routing strategies – Parallel 2D and Parallel T.

Quote MTF, the pan-European equity trading venue, has signed letters of intent with seven companies for the provision of liquidity on its platform and aims to exceed €1 billion worth of daily trading soon after the deals are finalised.

Hong Kong Exchanges and Clearing, the operator of Hong Kong's equity and derivatives markets and clearing houses, will offer hosting services, including low-latency co-location to HKEx markets, at its Next Generation Data Centre from 2012.

NYSE Technologies, the commercial technology unit of NYSE Euronext, has become the latest firm to announce its intention to develop a consolidated source of post-trade data for European equities.

Agency broker CA Cheuvreux has added three new local stock exchanges to its broker offering.

Global multi-asset brokerage Newedge is using a solution from derivatives trading application provider FFastFill to provide qualified buy-side clients with access to China's futures markets.

Japanese brokerage and investment bank Daiwa Capital Markets has completed its acquisition of the Asian derivatives trading and market-making businesses of Belgian financial services firm KBC Group, for US$1.2 billion.

Trading technology providers MIXIT and UNX have both partnered with investment banks to offer clients a wider range of algorithmic trading strategies.

Canadian regulator the Investment Industry Regulatory Organization has set out a proposal for single-stock circuit breakers similar to those currently being used in the US and other countries.

The need to temper the risks inherent in the over-the-counter derivatives market was regarded by many as a necessity following the recent financial crisis, but will proposed reforms limit the effectiveness of these products to the buy-side?