News

US exchange operator BATS Global Markets has filed rules with the US Securities and Exchange Commission for the equity options platform it plans to launch in early 2010.

RTS Realtime Systems Group, a global trading solutions provider, is to offer direct access to the London Metal Exchange (LME) via its RTS data hub in London.

Taiwan-based financial institution SinoPac Securities (Asia) has selected technology provider Orc Software’s Trading and Connect solutions to enhance its regional trading capabilities.

Global exchange group Nasdaq OMX has delayed the migration of its Nordic and Baltic exchanges onto the INET high-speed trading platform used by the rest of the group.

The Australian division of institutional broker-dealer BTIG has made four senior hires to its sales trading operations in Sydney and Melbourne.

The rise of the high-frequency trader in the US and Europe has left many traditional buy-side market participants wondering whether their execution performance is suffering from trading with counterparts that have superior technology.

CA Cheuvreux, the equity broking business of Credit Agricole, has connected to an additional five European dark pools, bringing the total number of non-displayed trading venues it accesses on behalf of institutional investors to 20.

Corvil, a supplier of electronic trading and market data latency management systems, is to offer its CorvilClear inter-party latency management system to clients of market data and connectivity provider Fixnetix.

IND-X, an execution and commission management platform operator, has signed a conditional memorandum of understanding to merge with Enzard, a Hong Kong-based investment research management firm.

Calastone, the operator of an independent cross-border transaction network for mutual funds investors, has received backing from the asset management industry for its plans to develop an alternative settlement system for mutual funds.