Volatility and wider spreads wrought by the financial crisis have pushed more European fixed income trading towards voice-based channels, but an electronic trading resurgence among the buy- and sell-side is underway, according to a new report from research and consulting form Celent.
SMARTS Group, a financial markets surveillance technology provider, has launched a version of SMARTS.broker, its market surveillance platform, for the US securities market.
Bank of America Merrill Lynch has expanded its global algorithmic platform into Brazil to capitalise on the increasing demand from international and local investors for electronic trading on domestic exchange BM&F BOVESPA.
While block trading will be exempt from new non-displayed trading rules proposed by the US Securities and Exchange Commission last week, some US dark pools are concerned that the exemptions will not apply to small- and mid-cap blocks.
Liquidnet, a buy-side-only crossing network, has promoted John Barker, managing director of its European unit, to the newly-created position of head of international operations.
New York-based broker Lime Brokerage and open-source software provider Marketcetera have teamed up to offer a platform enabling buy- and sell-side firms to create and deploy their own automated equity trading strategies.
Turquoise, a broker-backed pan-European multilateral trading facility, has expanded the range of instruments on its platform with six exchange-traded commodities (ETCs).
Interoperability agreements signed between UK clearer LCH.Clearnet Limited and other central counterparties (CCPs) have come to a standstill because of objections from regulators.
US-based exchange group Nasdaq OMX has extended an exclusive discussion period with BM&F BOVESPA aimed at establishing a commercial partnership with the Brazilian bourse.