Low-latency trading solution vendor QuantHouse is now delivering its services from the City of London data centre operated by Interxion, a leading European provider of carrier-neutral colocation data centre services.
Trading in dark pools operated by multilateral trading facilities Chi-X Europe and BATS Europe fell today because of investors’ fears about potential information leakage from post-trade data feeds.
US hedge funds are showing a renewed appetite for equities, with equity commission revenue expected to grow to US$4 billion in 2010, according to consultancy TABB Group.
Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has introduced a pricing promotion on its integrated order book to attract more passive flow.
German financial regulator BaFin has banned naked short selling on a selected number of securities and instruments as part of efforts to curb speculative trading in the eurozone.
Burgundy, a Nordic multilateral trading facility, has applied to operate a regulated market as an exchange for listing and trading warrants, certificates, exchange traded funds and structured products.
Nasdaq OMX Europe, a pan-European multilateral trading facility, has delayed the closure of its trading platform to 1 July to complete customer migration to alternative trading venue Equiduct.
The US Securities and Exchange Commission plans to introduced rules that would halt trading in individual stocks if their price moves by more than 10% in a five-minute period.
The London Stock Exchange and other leading European exchange groups have revealed to regulators the amount of high-frequency trading activity executed across their trading platforms.
A study of trading venues in Europe by agency broker and trading technology provider ITG has found that trading in dark pools can be up to 71% cheaper than incumbent domestic exchanges and 43% cheaper than multilateral trading facilities.