Deutsche Börse Market Data & Analytics, the information division of German exchange group Deutsche Börse, has launched CEF alpha+ macro, a data feed that supplies macro-economic news directly to automated trading applications.
While the financial crisis and the resulting losses will prompt asset managers’ end-clients to seek simpler investments, they will still require investment firms to be opportunistic, according to a new study from independent financial services think tank CREATE-Research.
Pan-European dark pool NYFIX Euro Millennium has reported that average daily traded value on its platform increased 70% to almost €82 million in May 2009 from around €48 million in December 2008.
Trading technology provider Fidessa has launched a global analytics platform that enables its sell-side users to conduct real-time pre-trade, intra-day and post-trade calculations from multiple data sources.
Two sell-side firms, Finnish banking group Sofia Bank and London-based prime broker and service provider Kyte Group, have both announced plans to offer direct market access (DMA) to their clients.
New York-based broker Auerbach Grayson has teamed up with Reliance Equities International Private Limited, a stockbroking subsidiary of Indian financial services firm Reliance Capital, to offer US institutional investors greater access to India’s capital markets.
Alternative trading systems (ATSs) will secure 20% of the total equities value traded across the Asia-Pacific region by the end of 2012, even though their combined share is currently much less than 5%, according to a new report from research and consulting firm Aite Group.
Market data provider Fixnetix has teamed up with Equinix, a data centre services provider, to offer low latency US market data to European firms who want to trade in the US.
BATS Europe, the pan-European multilateral trading facility (MTF) backed by US exchange BATS, is to extend its inverted price promotion for Euronext indices and exchange-traded funds (ETFs) to run throughout July.
As liquidity fragmentation becomes more pronounced in Europe’s equity markets, the industry’s calls for a consolidated European-wide pre-trade data source have grown ever louder. But how would a single European best bid and offer (EBBO) impact the performance of smart order routers (SORs), which currently direct orders by using proprietary solutions that combine multiple data feeds, and will it raise more questions than it answers?