News

The International Securities Exchange (ISE) has begun trading options on four FocusShares exchange traded funds (ETFs) that track the performance of four of ISE’s proprietary indexes.

Data provider Markit has bought BOAT, the MiFID-compliant trade reporting platform formed by a consortium of nine leading investment banks, from its founders for an undisclosed sum.

Close Wealth Management, a part of the Close Brothers Group, has chosen RBC Dexia Investor Services to provide global custody and foreign exchange services for its £1.5 billion investment portfolios.

Financial software firm GL Trade has announced that seven financial companies are now live on its GL Clearvision middle-office solution on the Tokyo Stock Exchange (TSE).

Investment bank Credit Suisse has started trading as a full member of the Indonesia Stock Exchange.

IP Trade, a provider of internet protocol (IP)-based trading communications, has expanded its London office and opened new offices in Madrid and Milan.

BATS Trading has hired Eric Swanson, a former lawyer with the US Securities and Exchange Commission (SEC), as general counsel.

Tokyo Stock Exchange (TSE) opened a representative office in the central business district of Beijing, China on January 18 – the same day the London Stock Exchange formally opened its representative office in Beijing.

NYSE Euronext has agreed to buy the American Stock Exchange (Amex). The firm expects the transaction to close in the third quarter of 2008 and be accretive to its 2009 earnings.

MIXIT, a trading technology provider, will be able to connect brokers and their buy- and sell-side clients to NYSE MatchPoint, the New York Stock Exchange’s new block trading facility, when it launches on 22 January.