News

London-based agency brokerage Execution has targeted growth in Italy and Switzerland with the latest addition to its portfolio and electronic trading team.

Chi-X Global, the holding company for the Chi-X execution platforms and trading technology provider Chi-Tech, has expanded its Asia-Pacific sales team with a view to growing its business in the region.

Chilean investment bank LarrainVial is to offer direct market access connectivity to the Santiago Stock Exchange using an electronic trading platform built by NYSE Technologies, the commercial technology arm of exchange group NYSE Euronext.

SmartPool, the non-displayed trading facility operated by exchange group NYSE Euronext, has added two large brokers as members of its platform and is proposing to integrate with NYFIX’s Euro Millennium dark pool, according to sources familiar with the situation.

Market data provider Interactive Data Corporation has added Level 2 data from global exchanges and increased the range of emerging markets data available on PlusFeed, its low-latency, consolidated global datafeed.

Bursa Malaysia has launched direct market access (DMA) capabilities for equities, which will allow investors to trade equities directly on the exchange through member brokers’ systems.

ConvergEx, a US agency brokerage and financial technology provider, has agreed to buy the US Transaction Services division of trading technology firm NYFIX, which includes the Millennium dark pool.

Pan-European multilateral trading facility Chi-X Europe will reduce fees for adding liquidity to its Chi-Delta non-displayed trading platform from tomorrow.

SIX Swiss Exchange will cut its fees for trading stocks in the SMI Swiss blue chip index next month, which could be seen as an effort to rebuild relationships with its biggest customers.

The London Stock Exchange has dedicated an entire floor of its central London data centre to clients of its Exchange Hosting co-location service, boosting capacity fivefold.