Interactive Data Corporation has signed an agreement with fellow market data vendor XData that will allow it to provide clients with financial markets data from the Gulf Cooperation Council countries.
Global exchange group Nasdaq OMX will launch a third US equity trading platform in the second half of 2010 using the licence obtained from its 2007 acquisition of the Philadelphia Stock Exchange.
Oslo Børs, Norway’s national stock exchange, has announced plans to launch a multilateral trading facility (MTF) for over-the-counter (OTC) derivatives.
The definitive agreement struck last week by ConvergEx to purchase Cogent Consulting, a supplier of commission management solutions to institutional money managers and broker-dealers, will broaden the US-based agency broker’s offering, but the deal also reduces the field of independently-owned providers.
Nasdaq OMX Europe, the pan-European multilateral trading facility owned by global exchange group Nasdaq OMX, has appointed UK clearing house LCH.Clearnet Ltd as a central counterparty.
The London Stock Exchange experienced a problem when members inputted invalid data on its platform this morning, which left its participants unable to trade certain UK stocks for over an hour.
US equity trading platform operator Direct Edge has implemented a low-latency market data solution from technology firm Exegy to improve its onward routing speed.
Quantam, a long/short asset manager based in France, has selected the QuantFEED low-latency market data and QuantLINK proximity hosting and order routing services from QuantHouse, a provider of systematic trading solutions.
Portware, a supplier of multi-asset electronic trading systems, has said interest in its Strategy Server algorithmic engine has increased strongly as traditional buy-side firms look to take advantage of, and better understand, high-frequency trading.