News

Lehman Brothers, a global investment bank, has introduced algorithmic trading for shares traded on India's National Stock Exchange (NSE) through its LMX Trading Strategies algorithmic suite.

Swiss investment bank UBS has hired six senior executives to its US equities business. The new appointments span the sales and trading, equity sales and quantitative strategy groups.

SWIFT, a financial messaging cooperative, is to join forces with six major prime brokers to develop and operate a centralised pre-settlement matching solution for equity and fixed-income trades originated by hedge funds.

Investment bank Credit Suisse has hired David Norman as CEO for its asset management division in the UK and Ireland.

The Tokyo Stock Exchange (TSE) has outlined plans for improvements to its trading platform following a malfunction to its derivatives order book information distribution system last month.

The Hong Kong Stock Exchange was closed on Wednesday because a category 8 typhoon hit the country.

Buy-side institutions are looking to add more technical expertise to their trading teams as the use of electronic trading tools grows, according to a new study by investment research and consulting firm Investit.

Connectivity and trading solutions firm GATElab has become the latest company to complete conformance testing on pan-European trading venue Turquoise.

Electronic trading solutions provider Trayport has signed a five-year agreement to provide its GlobalVision exchange trading system to Romania’s Sibiu Monetary Financial and Commodities Exchange (SIBEX).

NYFIX, a trading solutions provider, has connected its NYFIX Marketplace trading platform to Market Liquidity Hub (MLH), a trading platform provided by Tokyo-based FIX connectivity provider MetaBit.