Investment Technology Group (ITG), an agency broker and technology provider, has added global electronic trading capabilities to its Triton execution management system (EMS).
Chi-X Canada ATS, an alternative trading venue for Canadian equities, will launch a month-long inverted maker-taker pricing structure in an effort to attract new business to the platform.
William J. Brodsky, the newly-appointed chairman of the World Federation of Exchanges (WFE), asserted that the global financial markets are at a “critical juncture” in their evolution, as the federation laid out three priorities for 2009.
NYSE Euronext, a global exchange group, has announced new transaction pricing structures for the New York Stock Exchange (NYSE) and NYSE Arca, in a move to attract more high-frequency business to both trading venues.
US-based exchange operator NYSE Euronext and BIDS Trading, a broker-dealer and alternative trading system operator, hope to revolutionise block trading in the US with the New York Block Exchange (NYBX), their new dark pool joint venture.
The re-introduction of competition in the US equities clearing space will not create additional complexity and cost, according to Brian Hyndman, senior vice president of transaction services at US exchange group Nasdaq OMX.
BATS Exchange has become the world’s third largest stock exchange by value traded in its first full month of trading as a regulated US national securities exchange.
US agency brokerage Auerbach Grayson, a specialist in emerging markets research and trade execution services, has extended its network to enable institutional clients to take advantage of growing opportunities in Latin America’s smaller markets.
NYSE Euronext, the global exchanges group, and BIDS Holdings, a broker-dealer and alternative trading system operator, have received approval from the Securities and Exchange Commission to launch a new block trading venue.
US equity trading venue Direct Edge’s pursuit of exchange status for its two trading platforms, EDGA and EDGX, will put it on the same regulatory footing as its three biggest rivals – the New York Stock Exchange (NYSE), Nasdaq and BATS Exchange.