Market data vendor Thomson Reuters has launched a direct, low-latency equities market data feed from India’s Bombay Stock Exchange (BSE), which the firm said will facilitate direct market access (DMA) trading in India.
Hong Kong exchange group Hong Kong Exchanges and Clearing (HKEx) will suspend the closing auction session (CAS) of its securities market from 23 March – less than a year after its introduction – because of price volatility during the session.
ITG, an agency brokerage and financial software firm, has adapted its single-stock arrival price benchmark algorithm, Active, for the Asia-Pacific region.
China’s Shanghai Stock Exchange (SSE) is planning to launch an information system to facilitate trading in its block execution market, according to an interview with Geng Liang, governor of the SSE, in Shanghai Securities News, a Chinese financial newspaper.
The Australian Securities and Investment Commission (ASIC), Australia’s financial regulator, has further extended its short selling ban for financial stocks due to continued volatility.
Fidessa LatentZero, a front-office software provider, has integrated Japanese investment bank Nomura’s ModelEx suite of algorithmic order execution strategies into its Minerva order and execution management system (OEMS) and EMS Workstation trading applications for the buy-side.
Bulge-bracket broker Goldman Sachs has expanded its global equities crossing network, SIGMA X, to trade stocks listed on the Hong Kong Stock Exchange.
Trading systems provider Fidessa has added 13 Asia-Pacific markets to the global trading service on its US-hosted execution platform in response to increasing Asian trading volumes and US brokers’ growing desire to participate in the region.
Japanese investment bank Nomura has launched a new pan-Asian electronic trading platform for equities, integrating the execution capabilities it acquired from its takeover of Lehman Brothers Asia last September.
Stock exchanges in Indonesia, Singapore, Thailand, Philippines and Malaysia have signed a memorandum of understanding (MOU) to form an electronic trading link between them.