Instinet offers transition management in Australia
Instinet Pacific Limited, a subsidiary of agency broker Instinet, has launched a transition management service for the Australian marketplace.
Asia
UBS launches internal dark pool in Hong Kong
Broker-dealer UBS has introduced its internal crossing engine, UBS Price Improvement Network (UBS PIN), to Hong Kong.
TSE delays options platform launch
The Tokyo Stock Exchange (TSE) has postponed the launch of its new options trading system, Tdex+, citing delays to the system development process.
Chinese broker opts for Sungard OMS
Guotai Junan Securities, a Chinese securities firm, has selected Sungard’s GL Stream order management system to help manage its order flow from onshore clients and target new overseas buy-side clients.
TSE revises rules to complement new trading platform
The Tokyo Stock Exchange (TSE) has outlined changes to its trading rules that will take effect when it launches Arrowhead, its new cash equities trading system, on 4 January next year.
Deutsche Börse reinforces Japanese derivatives, market data business
International exchange group Deutsche Börse has opened a representative office in Tokyo to provide a local hub for Eurex, its derivatives exchange, and its Market Data & Analytics unit.
Asian electronic trading revenues to decline – TABB
Electronic trading revenues are anticipated to fall in the Asia-Pacific region, while the development of dark pools is expected to stall, according to new research from consultancy TABB Group.
Fidessa hires Asia-Pacific business solutions manager
Trading technology provider Fidessa has appointed David Jenkins as business solutions manager for the Asia-Pacific region, based in Hong Kong.
Tora adds ex-bulge-bracket execs to pan-Asian liquidity unit
Two former equity trading executives from bulge-bracket brokers are to head specialist Asian agency broker and technology provider Tora Trading’s newly-formed liquidity services business.
Deutsche delivers co-location in Australia
Autobahn Equity, Deutsche Bank’s electronic trading solutions group, has announced that it will participate in the Australian Securities Exchange’s (ASX) co-location service programme.