News

Japanese equity trading goes electronic

More than half of Japanese equity trading volume will be executed as either electronic trades or portfolio trades by 2010, according to projections made by institutional investors in Japan and throughout Asia in a new study by Greenwich Associates.

BIDS Trading develops connectivity with Fidessa LatentZero

BIDS Trading, the alternative trading system (ATS) designed to increase competition and liquidity in the US equity block trading market, and Fidessa LatentZero, a provider of front-office technology to the global asset management and hedge fund industries, have installed connections to each other's systems.

Atrium Network to offer IP Trade trading turret as ASP solution

Atrium Network, a provider of connectivity solutions for the financial services community, and IP Trade, an IP-based trading communications platform, have announced a strategic agreement establishing Atrium Network as the global reseller of IP Trade trading turrets using an ASP model.

EU and US take first step towards mutual recognition

The EU and the US have moved closer towards mutual recognition of each other’s securities regulations following a meeting last week between Charlie McCreevy, the European Commissioner for the intern

GFI Group acquires trading technology firm, Trayport

Trayport, a supplier of multi-asset-class trading technology, has been acquired by GFI Group, an inter-dealer broker specialising in over-the-counter derivatives products and related securities.

Credit Suisse announces executive AES appointment

Credit Suisse announced last week that Rob Maher is to become head of European Advanced Execution Services (AES) sales, reporting locally to Naseer Al-Khudairi and Gerry Keneally for distribution, and globally to Manny Santayana, the firm's head of AES global sales.