News

Nasdaq OMX Europe, an exchange-backed multilateral trading facility, has introduced BLNK, a European version of its controversial US FLASH order type.

UBS Securities Australia, a subsidiary of global investment bank UBS, has become the first broker to launch its non-displayed internal crossing pool, UBS Price Improvement Network (PIN), in Australia.

Turquoise, a multilateral trading facility (MTF) backed by nine banks, suffered an outage this morning due to a “complex dark order matching scenario”, according to a notice sent to members.

Apama, the algorithmic trading division of Progress Software, and Object Trading, a provider of direct market access (DMA) solutions to high-frequency buy- and sell-side traders, have launched a joint offering for options trading.

Instinet Europe, an agency brokerage, has added a pan-European closing cross to its BlockMatch non-displayed equities multilateral trading facility in a bid to encourage more large trades on the platform.

German exchange group Deustche Börse is committed to the European Commission’s Code of Conduct for Clearing and Settlement and forging links between its clearing house, Eurex Clearing, and other central counterparties (CCPs), according to Marcus Zickwolff, head of trading and clearing system design at the group.

Global broker Goldman Sachs has reported a 12-fold increase in the average daily value traded in its SIGMA X internal crossing engine in Hong Kong over the past two months.

The International Securities Exchange (ISE), a US-based equity options exchange, has added real-time options analytics to PrecISE Trade, its front-end trading system.

Buy-side crossing network Liquidnet has unveiled a partnership with NYSE Euronext, the global exchange group, aimed at increasing access to corporate issuers for institutional investors.

Execution, a London-based agency brokerage, has connected its Alternative Execution electronic trading platform to trading solutions provider TradingScreen.