Chi-X Europe adds sixth market
Chi-X Europe, a pan-European multilateral trading facility (MTF), has started trading in its sixth European market.
News
NYFIX launches Euro Millennium dark pool
NYFIX, a provider of information and analytics services, today launched Euro Millennium, a dark pool of liquidity for pan-European listed cash equities.
ICMA survey shows resilience in European repo market
The International Capital Market Association (ICMA) released the results of its 14th biannual survey of the European repo market Thursday.
JPMorgan Chase to acquire Bear Stearns
JPMorgan Chase & Co. has announced it is acquiring The Bear Stearns Companies Inc. The boards of directors of both companies have unanimously approved the transaction.
ELX Electronic Liquidity Exchange is born
A new futures exchange formed by 12 financial institutions announced on Tuesday that its name will be ELX Electronic Liquidity Exchange.
NYSE Arca first exchange to provide routing to non-displayed liquidity
NYSE Euronext announced on Wednesday that NYSE Arca (an options trading platform) has launched a routing and price improvement service, offering clients access to non-displayed liquidity.
Turquoise CTO explains choice of market data provider
Turquoise, a pan-European multilateral trading facility set up by nine leading investment banks, has chosen agency broker NeoNet to provide its inbound market data.
FSA commentary analyses investment banks' systems and controls
On Tuesday, the Financial Services Authority (FSA) published Market Watch, a report that analyses firms' systems and controls processes following the Société Générale (SG) 'rogue trader' incident.
DST International appoints new general manager for China
DST International (DST), a provider of business solutions for the financial services industry, announced on Tuesday the appointment of Jeremy Huo Jianwen as general manager of its China operations.
GDR trading now possible over Liquidnet
Liquidnet sent a note to its members on Monday saying that it is now possible to trade global depositary receipts (GDRs) through its crossing network.