News

US futures trading to rebound in 2010 – TABB

Increasing focus on risk management and growing use of advanced trading techniques could prompt US futures trading volumes to rise 14% in 2010 following a 23% slump in 2009, according to a new study by research and consulting firm TABB Group.

A high-tech response to low volumes

Although the depths of the financial crisis led to a frenzy of share trading activity in Q4 2008, equity traders woke up to a different world in 2009. Lower volumes and values combined to create treacherous trading conditions in which the optimum execution strategy was rarely certain.

Chi-X Europe follows rivals into Ireland

Pan-European multilateral trading facility (MTF) Chi-X Europe is to follow rival trading venues BATS Europe and Nasdaq OMX Europe by introducing trading in Irish shares.

Combined OEMS gaining traction with buy-side

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.