New equity clearing facilities launching in the US to compete with the National Securities Clearing Corporation (NSCC) will have their work cut out to win over market participants, according to a new report from research firm Tabb Group.
Transaction Network Services (TNS), a market data and connectivity provider, has added Turquoise, the pan-European trading platform, to its expanding portfolio of trading venues and established a market data connection to the Taiwan Stock Exchange (TWSE).
European settlement provider Euroclear is to buy 100% of Xtrakter, a provider of trade matching and market data services, from the International Capital Market Association (ICMA) for an undisclosed sum.
GL Trade, a financial technology solutions provider, has implemented its GL Net connectivity hub in Mexico City to support low-latency access to Mexico’s two main exchanges, the Bolsa Mexicana de Valores (BMV) and the Mercado Mexicano de Derivados (MexDer).
Global exchange group Nasdaq OMX is to extend its trading hours for all asset classes on its Baltic exchanges, in a bid to generate greater trading activity and attract more foreign investors.
UK exchange operator PLUS Markets Group and US equities trading platform Direct Edge have signed a memorandum of understanding to cooperate on opportunities relating to the listing and trading of equities in the United States, United Kingdom and European Union.