US-based investment bank Jefferies has launched a suite of algorithms for the US, Canadian and European equity markets designed for the current volatile and fragmented market landscape.
European clearing house LCH.Clearnet and multilateral trading facility (MTF) Chi-X Europe have joined forces to offer a clearing service for equity contracts for difference (CFD) trades.
Investment bank J.P. Morgan has added two new algorithmic strategies to its MorganDirect AlgoX algorithmic order execution service for foreign exchange (FX) and made the suite available from Bloomberg terminals.
Connectivity provider Atrium Network and Visual Trader, a technology company owned by Spanish exchange group Bolsas y Mercados Españoles (BME) are offering connectivity to BME by linking their respective networks.
Agency broker and technology provider ITG has launched a dark liquidity aggregation tool for the Asian market to counter buy-side concerns about fragmentation.
Goldman Sachs Electronic Trading (GSET) has launched 1CLICK algorithmic access, a service which aims to make its execution algorithms easier for clients to use.
The dispersal of equities trading across multiple venues in post-MiFID Europe has increased the opportunity for unscrupulous traders to abuse the system and made policing of some illegal practices next to impossible, according to a newly-formed advisory and lobby group.
UK-based agency broker Olivetree Securities has appointed Steve Wood, Schroder Investment Management’s former global head of trading, as a non-executive director.
The US Securities and Exchange Commission’s approval of equities trading venue Direct Edge’s application to become an exchange will allow the company to launch new products, according to William O’Brien, the platform’s CEO.
SmartPool, the pan-European dark pool operated by exchange group NYSE Euronext, has unveiled plans to launch MatchView, a post-trade analytics and data consolidation service for non-displayed trading venues.