News

Deutsche Börse’s Eurex and Xetra trading systems have been granted a performance boost thanks to a network upgrade.

Following his appointment as CEO of the Korea Exchange (KRX) on March 21, Lee Jung-hwan has announced his plans to further expand the Korean Securities Dealers Association’s Automated Quotations (Kosdaq)

GL Trade, a provider of front-to-back office and multi-asset software solutions, has installed its automated reconciliation system at Swiss bank Banque Cantonale Vaudoise.

Investment bank Citi has launched CitiFX Pro, an online foreign exchange (FX) trading platform for active individual and small institutional traders.

Arbitragis, a European arbitrage trading firm specialising in quantitative derivatives-trading strategies, has chosen QuantFEED, a low-latency market data feed solution provided by trading technology firm QuantHouse.

Low-latency messaging technology firm 29West has formed a partnership with Intelligent Wave (IWI), a network technology specialist, under which Intelligent Wave will provide 29West’s solutions and technical support to securities firms and other financial institutions in Japan.

Quantitative Services Group (QSG) has appointed Dan Bukowski as director of research.

Direct Edge ECN and AXE ECN, the Australian ECN due to start trading in 2008, have signed a memorandum of understanding (MOU) to formalise their relationship.

Quod Financial, an execution technology provider, has launched a buy-side version of its Advanced Smart-Order Router (ASOR) technology.

Chi-X Canada, an alternative trading system (ATS), has completed its symbol migration, allowing it to trade all Toronto Stock Exchange-listed securities, and is planning to introduce smart order routing capability to the platform in early April.