News

Neonet, a Nordic agency broker and trading technology provider, has upgraded its smart order router technology, to provide its customers with an increased number of execution options.

Goldman Sachs, a US-owned investment bank, has become the latest remote exchange member on the Warsaw Stock Exchange (WSE).

Trading systems provider Flextrade has connected the smart order routing function of its FlexTRADER execution management system (EMS) to Alpha ATS, the Canadian alternative trading platform that went live on 7 November.

Nasdaq OMX Europe, a US exchange-backed multilateral trading facility, has established a non-executive board, including former heads of compliance and business development at the London Stock Exchange.

Use of derivatives by fund managers will rise over the next 12 to 18 months despite market turbulence and record levels of redemptions from hedge funds, according to a new report by Protiviti, a risk consultancy.

The Korea Exchange (KRX) has signed a memorandum of understanding (MoU) with the Bank of Laos to create a joint venture that will establish a stock market and supervisory authority in Laos by October 2010.

The rule book for AIM Italia, Borsa Italiana’s answer to the London Stock Exchange’s AIM market for small- and mid-cap stocks, became effective today, bringing the new market closer to launch.

Pan-European trading platform Turquoise has revealed a raft of plans designed to boost trading on the platform, including undercutting the taker fees charged by rivals Chi-X and BATS Europe.

Fidessa, a market data and global connectivity solutions provider, has added IS Investment, the investment banking arm of Turkish firm Isbank, to its global connectivity network.

Multilateral trading facilities (MTFs) looking to diversify into small- and mid-cap stocks will find the going tough, according to Simon Brickles, CEO of UK stock exchange PLUS Markets.