News

Falling equity trading volumes are threatening the business models of stock exchanges, multilateral trading facilities (MTFs) and dark pools.

Citi has established a new origination function for its transition management business in EMEA, which will actively seek mandates across asset classes.

Italian trading venue Borsa Italiana, part of the London Stock Exchange Group, has acquired a 94.4% share in Pro Mac, the management company of Italian small and mid-cap market Mercata Alternativo Del Capitale.

US-based asset manager C.S. McKee has gone live on software provider Charles River's Investment Management System, allowing it to electronically access domestic liquidity through the firm's FIX-based network.

French investment firm Société Générale Corporate & Investment Banking is expanding its UK cash equities team with the addition of two new hires to its London office.

A spate of senior appointments across diverse business lines have been announced by US-based agency brokerage firms.

The timetable for introducing competition to the incumbent Australian Securities Exchange may slip to Q1 2011 because of regulatory concerns over a possible repeat of the 6 May flash crash in the US.

The possible emergence of new ways to access mainland Chinese equity markets could drastically change the trading environment of Hong Kong, says Oliver Ng, head of financial institutions partnerships for broker Bank of China Securities, a wholly owned subsidiary of Bank of China International, of the People's Republic of China.

Swiss central counterparty SIX x-clear will cut its prices and introduce a new volume-based tariff structure from 1 January 2011.

The Malaysian subsidiary of investment bank Citi has been approved to start trading equities on the domestic Malaysian exchange Bursa Malaysia from 13 September 2010.