Employing a single system to manage both order and execution management, rather than using one or the other or attempting to integrate two disparate systems, is gaining currency among technology vendors and the buy-side, according to Tom Driscoll, managing director, global, at trading technology firm Charles River Development.
The Singapore Exchange (SGX) has reported a 56% growth in the trading of listed exchange-traded funds (ETFs) in 2009, the third straight year in which record turnover has been recorded.
Singapore Exchange (SGX) is increasing its derivatives trading hours for contracts with T+1 sessions to accommodate growing international demand for Asian equity derivatives.
German exchange group Deutsche Börse will attempt to persuade the Frankfurt Regional Court to lift before the end of the month the injunction that closed its new electronic bond market.
NYSE Arca, an electronic US equities exchange operated by global exchange group NYSE Euronext, has accelerated order execution following its migration to the group’s Universal Trading Platform.
Barclays Capital, the investment banking arm of UK bank Barclays, has launched an equities trading service in Japan. The firm started trading on the Tokyo Stock Exchange on 5 January.
The Tokyo Stock Exchange (TSE) hopes that its new Arrowhead platform for equity and corporate bond trading, which launched successfully at the beginning of this week, will attract substantially greater liquidity to Japan’s leading exchange in the coming months.
The new ownership structure of pan-European multilateral trading facility Turquoise following its takeover by the London Stock Exchange (LSE) will be key to stepping up competition with market-leading MTF Chi-X Europe, according to those involved with the deal.