Pipeline Trading Systems, a US block trading venue, has unveiled PowerPlay, an equities block-trading execution system for buy-side traders who want to execute large orders in volatile and fragmented markets.
Instinet, a global agency broker, is scheduled to release a new dark pool in the US within the next two months.
US buy-side traders expect their use of options to grow in 2009 as trading conditions return to normal, according to a new study from research and consulting firm TABB Group.
The Mexican Derivatives Exchange (MexDer) has installed a new front-end solution from independent software vendor Realtime Systems Group as part of its efforts to attract more international business.
Canadian equities trading platform Alpha ATS processed trades representing more than 10% of the volume and over 16% of the value of all Toronto Stock Exchange-listed securities across all Canadian transparent marketplaces on February 18.
Canaccord Capital, a Canadian broker, has joined trading systems provider Fidessa’s global connectivity network.
Patsystems, a derivatives trading solutions provider, has become an independent software vendor for the derivatives segment of Brazilian exchange group BM&F BOVESPA, allowing the firm to offer clients direct market access (DMA) to BM&F BOVESPA’s derivatives market.
Electronic order books and market makers will continue to benefit from the changes to US market structure wrought by new pricing models, technology and regulation, while use of floor traders will continue to decline, according to a new study from research firm Celent.
The migration of NYSE Euronext’s European equities and exchange-traded funds to the Universal Trading Platform (UTP) will allow the exchange group to compete more effectively in post-MiFID Europe, according to Roland Bellegarde, group executive vice president and head of European execution at NYSE Euronext.
Barclays Capital, the investment banking arm of the UK’s Barclays Bank, said it plans to become a best-of-breed global multi-asset execution service provider following the acquisition of the North American assets of collapsed US bank Lehman Brothers.