News

Trading systems provider TradingScreen has started work on creating a new multilateral trading facility for European corporate bonds.

Financial software provider StreamBase has entered into a partnership with Brazilian trading technology company Alphastream, to capitalise on the growing demand for electronic trading in Brazil.

The London Stock Exchange has received approval by Dutch regulator the Authority for Financial Markets to provide transaction reporting services using UnaVista, its hosted matching, reconciliation and data integration offering.

German exchange Deutsche Börse plans to offer a new unbundled post-trade data product for equities, MIFID Post Trade.

European buy-side traders will have to analyse the crossing mechanisms operated by investment banks in more detail if recommendations by the Committee of European Securities Regulators (CESR) to shake-up broker dark pools are followed through.

Japan-based investment bank Nomura has snapped up an electronic trading head from J.P. Morgan to join its London office.

Block-focused non-displayed trading venues continued to lose volume in the US during June to algo-friendly dark pools.

Investment bank Barclays Capital is appointing two senior executives to its equities electronic options business.

UK-based agency brokerage Olivetree Securities has hired industry veteran Martin Lupton to help develop relationships with the firm's institutional buy-side client base.

US agency boutique broker Rosenblatt Securities has partnered with NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, to help buy-side clients better analyse pre- and post-trade execution performance.