Volatility pushes Asian trading costs up 200%+ – ITG

Equity trading costs in developed Asian markets increased by 100% – and leapt by more than 200% in certain other of the region’s markets – in the two years to December 2008, largely in response to heightened volatility, according to a study by agency broker and technology provider Investment Technology Group (ITG).

ITG adds global trading to Triton EMS

Investment Technology Group (ITG), an agency broker and technology provider, has added global electronic trading capabilities to its Triton execution management system (EMS).

Markets at “critical” juncture – new global exchanges head

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.

Knight commences trading in nine Asian markets

Knight Asia, the Asian arm of US-based agency brokerage Knight Capital, will start trading in nine markets in Asia from today, as it looks to establish a presence in the region.

LSE and Tokyo growth market moves forward

The London Stock Exchange (LSE) and Tokyo Stock Exchange (TSE) have taken another step toward establishing their joint venture TOKYO AIM, a new market for growing companies in Japan and Asia.

Instinet enhances Australian post-trade capabilities

Instinet, a global agency-brokerage owned by Nomura Holdings, has secured membership on the ASX Settlement and Transfer Corporation (ASTC), the settlement processing facility of the Australian Securities Exchange (ASX).

Use of advanced trading techniques surges in Asia – Celent

Electronic trading volumes grew rapidly in Asia between 2004 and 2007, as more exchanges developed and enhanced the functionality of their trading platforms, according to a new report on buy-side execution of securities trades from research and advisory firm Celent.