News

Technology provider SunGard has launched an electronic agency broker for the European market.

Broking house Crédit Agricole Cheuvreux has started offering clients the ability to gain exposure to the Saudi Arabian equities market using proprietary notes (p-notes).

US president Barack Obama’s proposed rules to curb large banks’ proprietary trading activities could limit liquidity provision, but clearer definitions will be required to make legislation workable.

AlgoTrader, a provider of broker-neutral, multi-asset-class algorithmic trading services, has implemented a new function in its SpreadHawk execution management system to help traders hedge currency exposures.

The Advanced Execution Services (AES) division of investment bank Credit Suisse has added its options algorithms to data vendor and technology supplier Bloomberg’s execution management system, EMSX.

Brokerage house MF Global has announced a realignment of its equity business in the US, which includes an expansion of its portfolio and electronic trading services teams.

The London Stock Exchange (LSE) expects challenging conditions in the remainder of its financial year following a reduction in trading volumes, values and revenues in the first nine months.

Three of Canada’s equities trading venues have enhanced their platforms’ technical performance as the demand for low-latency trading infrastructure grows in the country.

Agency broker and trading technology provider Neonet has expanded its Asian presence by opening an office in Hong Kong for execution services, sales and support.

Proposals by the US Securities and Exchange Commission (SEC) to abolish so-called naked sponsored access could, if enacted, result in an overhaul of brokers’ market access systems and business models, according to market participants.