Asian trading venue the Singapore Exchange has introduced Standard Chartered Securities, a unit of the emerging markets-focused banking group, to its securities market as a clearing and trading member.
The US financial markets regulator, the Securities and Exchange Commission, is at last on the brink of voting through legislation that will effectively ban 'naked' or 'unfiltered' sponsored access.
Buy-side traders in the US and Europe harbour worries about the consistency of quality of their transaction cost analysis data and the impact this has on their ability to achieve best execution.
US-based trading technology provider Mantara has released CHiPS, a risk solution aimed at high-frequency traders that are currently enabling unfiltered direct market access trading.
Orc Software, a Sweden-based trading technology supplier, has unveiled Orc Hosted, a suite of fully-managed trading tools for brokers that want connectivity to trading venues and other brokers.
The London Stock Exchange has postponed its platform upgrade to early next year after customers were disconnected from its multilateral trading facility (MTF) Turquoise in “suspicious circumstances” during morning trading on 2 November.
High-frequency trading is expected to continue its rise in Europe over the next year, but buy-side traders still seem to be unsure about its effect on the quality of liquidity.
RBC Capital Markets, a branch of Royal Bank of Canada, has hired Mark Sartori as head of European trading and sales trading and Calum MacInnes as head of European sales.
Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has experienced a two-hour outage, with trading shut down from 08.31 to 10.37 UK time on 2 November on both the venue's integrated order book and its mid-point dark order book.