Algorithmic Trade Monitor (ATMonitor), an online source of information and data on execution algorithms for buy-side traders, has doubled its membership since its official launch in February 2010.
Agency broker Instinet has launched Meet the Street, a corporate access offering for the US market that aims to match corporate management teams with interested buy-side investors though a web-based service.
Japan-based investment bank Nomura has promoted two of its senior executives, both former Lehman Brothers bankers, to lead its equities business in Europe, the Middle East and Africa.
BATS Europe, the multilateral trading facility (MTF) owned by US exchange group BATS Global Markets, plans to extend its after hours trading service to include German and French stocks from the middle of next month.
Although multilateral trading facilities (MTFs) are campaigning for inclusion of their trades in Europe’s blue-chip stock index pricing and volumes, the buy-side has so far continued to focus its attention on wider aspects of post-trade fragmentation.
UK exchange operator PLUS Markets has launched an “in-depth” strategic review of its business, which may include a shift to electronic trading, after making a loss of £8.3 million for the year ended 31 December 2009.
Nasdaq OMX Europe, the pan-European multilateral trading facility owned by exchange group Nasdaq OMX, will start trading shares listed on the Budapest and Prague stock exchanges from 16 April.
The London Stock Exchange (LSE) has reported that the amount of money it makes from UK cash equities trading has dropped since the introduction of a new tariff structure in September last year.