Agency broker and technology provider BNY ConvergEx has launched a clearing solution for small- and medium-sized pension funds that will allow them to take advantage of transition management services.
Trading technology provider ULLINK has launched UL NET+, a hosted high-frequency direct market access (DMA) trading environment. The company already offers UL NET, an order routing network.
German exchange group Deutsche Börse enjoyed what it described as its second-strongest quarter ever in Q3 2008, posting a 10% increase in sales revenue and a 5% jump in earnings before interest, tax and amortisation.
NYSE Euronext Advanced Trading Solutions, the technology subsidiary of exchange group NYSE Euronext, has been contracted to upgrade the electronic cash equity and options trading platform of Brazilian exchange BM&F BOVESPA.
Tenfore Systems, a global market data and technology solutions provider, and Shihua Financial Information have jointly produced an international exchange data service for Chinese investors.
Nasdaq OMX Europe, the exchange backed multilateral trading facility (MTF), has said it will not pass on to clients the onward routing charge imposed by the London Stock Exchange (LSE).
Institutional investors in continental Europe are continuing their plans to diversify and invest in emerging markets despite the volatility in global financial markets, according to a survey by Greenwich Associates, a research and consulting firm.
BATS Europe, the latest multilateral trading facility to enter the pan-European equity market, has finalised its stock rollout for UK, French, Dutch, Belgian and German securities.