Nasdaq Stock Market, the US arm of global exchange group Nasdaq OMX, has retained its position as the largest venue for trading US equities, reporting a matched market share of 20.8% of the total US equity volume in April.
BATS Exchange, the US exchange subsidiary of financial markets technology company BATS Global Markets, is to extend its trading hours in response to member demand.
US investment management firm Waddell & Reed and its affiliates have gone live on trading technology firm Charles River’s Investment Management System (IMS).
NYSE Technologies, the technology unit of exchange group NYSE Euronext, has struck a deal to host software provider 4th Story’s algorithmic trading solution on its Secure Financial Transaction Infrastructure (SFTI) Integrated Partner Solutions platform.
NYSE Technologies, the technology division of exchange group NYSE Euronext, has announced that BIDS Trading, a block trading platform for US equities, has chosen its SuperFeed ticker plant as a source of global market data.
Brazilian bank Finabank Corretora de Títulos e Valores Mobiliários has implemented Progress Software’s Apama Algorithmic Trading Accelarator, allowing the bank to supply its buy-side clients with customised algorithms.
US equities trading venue Direct Edge has filed two Form 1 applications with the US Securities and Exchange Commission to gain exchange status for its two trading platforms, EDGX and EDGA.
The US arm of global agency brokerage Instinet has struck a deal with Decision Economics, an independent research firm, to provide it with distribution services for its research products.
High-frequency trading is now an integral part of market-making in the US and failure to include these participants in regulatory dialogue could be harmful to market structure, according to a new report from research firm Aite Group.