Newedge, a global multi-asset brokerage, will provide derivatives and cash equities to institutional foreign investors via a newly-opened Mumbai-based securities business.
Barclays Capital, the investment banking division of Barclays Bank, has appointed Kevin Ho as managing director and head of futures in the Asia-Pacific region.
Chi-X Global, the holding company for the Chi-X execution platforms and trading technology provider Chi-Tech, has expanded its Asia-Pacific sales team with a view to growing its business in the region.
Bursa Malaysia has launched direct market access (DMA) capabilities for equities, which will allow investors to trade equities directly on the exchange through member brokers’ systems.
Asian agency broker and technology provider Tora Trading has integrated its order and execution management system TORA Compass with Tradar Insight, a portfolio management solution from hedge fund software provider Tradar.
The Singapore Exchange (SGX) has rescheduled the implementation of new settlement processes, originally planned for 6 November, because of an “isolated incident” in its pre-settlement matching system.