New York Portfolio Clearing, the US futures clearing joint venture between the Depository Trust & Clearing Corporation, the US post-trade services utility, and exchange group NYSE Euronext, has added to its management ahead of its Q3 launch.
The ‘flash crash’ that temporarily floored US share prices on 6 May has dented investor confidence in market structure, but market participants broadly support the regulatory response, responses to a survey from consultancy TABB Group suggest.
BATS Exchange, a US equity trading venue, will make changes to its post-trade data feed to enable customers to choose how their order IDs are handled, in response to fears over information leakage that surfaced in the US and European markets recently.
Electronic trading solutions and platform provider Goldman Sachs Electronic Trading can now route equity orders electronically to Brazil’s BM&F Bovespa stock exchange via its local subsidiary, Goldman Sachs do Brasil CTVM.
The availability of free trading platforms from brokers will diminish in the US over the next three to five years, a new report from research consultancy TABB Group warns.
The Securities and Exchange Commission (SEC) has proposed a new rule that would require stock exchanges in the US to create a consolidated audit trail of trading information.
The dark mid-point book operated by multilateral trading facility Turquoise has overtaken Chi-Delta as the biggest MTF-owned dark pool in Europe this week after fears of information leakage gripped investors last Thursday.
European buy-side traders have questioned the usefulness of the dark pool trading data being made available by six leading equities brokers from this week.