Global technology provider SunGard has installed new market data distribution (MDD) servers for its GL Net market data and order routing network, which it claims will improve the performance of automated trading systems.
Pan-European multilateral trading facility Chi-X Europe has extended the pricing promotion it introduced last year for adding liquidity to its Chi-Delta dark pool.
SS&C Technologies, a financial services software company, has acquired Tradeware Global, a provider of broker-neutral electronic trading solutions for equities.
Asset management firm Schroder Investment Management has confirmed that Steve Wood, its global head of trading, is retiring from the firm in March this year.
Non-displayed trading venues are viewed as the most likely recipients of more stringent regulation this year, according to the results of December’s TRADE Poll.
Nasdaq OMX Europe, the pan-European multilateral trading facility (MTF) operated by US-based exchange group Nasdaq OMX, plans to increase its fees for routing passive orders to primary exchanges only two months after a similar increase.
FXall, a multi-bank foreign exchange electronic trading platform for financial institutions, has agreed to purchase LavaFX, a rival FX trading system owned by investment bank Citi.
Whatever else its legacy might be, the noughties was a decade that revolutionised how the buy-side executed trades in the global equity markets. To put the scale and nature of the shift from voice-broked to electronic trading into context, theTRADEnews.com asked six influential industry figures to chart the milestones reached and the benefits achieved, as well as the challenges to come.
Netherlands-based European trading platform The Order Machine (TOM) has chosen European Multilateral Clearing Facility (EMCF) to act as its central counterparty (CCP) clearing provider.