Asia

TSE’s new options platform goes live

Tokyo Stock Exchange (TSE) has successfully launched Tdex+, an electronic options trading platform based on technology from global exchange group NYSE Euronext.

ASX’s algo review may tighten trading rules

The Australian Securities Exchange (ASX) Group, the operator of the Australian Stock Exchange and the Sydney Futures Exchange, has launched a review of algorithmic trading on its platforms in a bid to weed out activity that could be detrimental to market participants overall.

Chi-X Global builds Asia team, plans Japan platform

Trading platform operator and technology provider Chi-X Global has hired three executives to its Asia-Pacific management team, including a region-wide CEO, and is seeking a licence to set up a trading platform in Japan.

Samsung Securities’ Asian expansion takes step forward

The Hong Kong subsidiary of Samsung Securities has gone live with a fully managed and hosted Asian trading platform from trading and connectivity solutions provider Fidessa as part of the Korean investment bank’s expansion across Asia.

SGX admits Fortis as clearing and trading member

Singapore Exchange (SGX) has admitted Fortis Bank Global Clearing (FBGC) as a clearing member of its securities market and as both a clearing and trading member of its derivatives market.

G20 may name and shame Asian markets

Asian markets that do not conform with new financial market regulations agreed by the Group of 20 risk being named and shamed, according to Martin Wheatley, chief executive officer of Hong Kong’s Securities and Futures Commission.

Japan’s OSE to use Nasdaq OMX technology

The Osaka Securities Exchange, a Japanese securities and derivatives bourse, has chosen global exchange group Nasdaq OMX as the new provider of its derivatives trading platform.

Kabu.com joins Fidessa to reach institutions

Clients of Fidessa can now link to Kabu, a Japanese cash equities proprietary trading system (PTS) aimed primarily at retail investors, via the FIX protocol using the technology provider’s connectivity network or trading platform.

NYSE expands SFTI network to Singapore

NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, has announced plans to expand its Secure Financial Transaction Infrastructure (SFTI) connectivity network into Asia to improve client links to NYSE Liffe, the group's global derivatives exchange.