News

Barclays Capital, the investment banking division of Barclays Bank, has launched Barclays Capital Live, a web-based client portal for accessing its trading and research tools.

Australian market participants have welcomed proposed changes to the structure of financial markets supervision in the country and anticipate an increase in the number of alternative trading venues bidding to compete with Australian Securities Exchange (ASX).

Exchange group Deutsche Börse has selected technology provider IBM’s high-speed messaging platform to underpin its three exchanges as part of an ongoing series of improvements to its technology infrastructure.

Morgan Stanley has hired former Citi electronic execution chief Richard Evans as its new head of European delta one strategies.

HSBC will launch tomorrow the bank’s first European exchange traded fund as part of an expansion of its global ETF businesses.

Quote MTF, a new pan-European multilateral trading facility (MTF), will have significant liquidity from its 4 September launch after signing up a second market maker, according to board member Gabor Kutas.

Market participants might be more concerned about the risks of unscrupulous traders moving the market against them through gaming or abusive trading, but sudden shifts in trading patterns caused by more benign activity can be equally costly.

The Australian government is to hand total responsibility for supervision of the country’s financial markets to the Australian Securities and Investment Commission (ASIC), the country’s financial regulator, giving renewed hope to alternative equity trading venues looking to compete with the Australian Securities Exchange (ASX).

Nasdaq OMX Europe, the pan-European MTF operated by global exchange group Nasdaq OMX, has no plans to change its BLNK routing strategy despite its parent’s withdrawal of FLASH, a similar strategy, in the US.

Evan Graj, managing director of cross-asset algorithmic trading in the advanced trading solutions division of broker Newedge Group in London, has left the company, theTRADEnews.com has learned.