News

Singapore Exchange has established an office in London to better serve its growing number of European-based customers.

Omega ATS, an alternative trading venue for stocks listed on the Toronto Stock Exchange, has launched a new matching engine, which it says will execute orders in microseconds.

SunGard has added the derivatives market of the Johannesburg Stock Exchange to its ASP-based connectivity service for sell-side firms, Valdi Market Access.

Brazil-based Kairos Asset Management is to use US trading solutions firm StreamBase’s CEP platform to support high-frequency trading strategies across multiple asset classes, including derivatives, foreign exchanges, futures and equities.

Commissions paid to institutional US brokers has fallen well below expectations so far in 2010, but some of the shortfall in equities spend could be recovered from a surge in options trading.

Trading and connectivity provider Orc Software has signed a deal with Australian financial services group BBY to supply low-latency, high-throughput connectivity to the Australian Securities Exchange.

European trading technology provider Tbricks has opened a New York office to support its growing client base of US and Canadian trading firms, proprietary trading desks and hedge funds.

Jones Trading, a US institutional agency brokerage, has named industry veteran Andrew Tuthill as managing director and head of its capital markets group.

Oslo Børs has become the latest exchange to implement a vertically-integrated clearing model as it bids to stem the loss of market share to rival trading venues.

Software solutions and services provider Charles River Development has announced direct access to Asia-based crossing network BlocSec via the Charles River Investment Management System.