Asia

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.

Progress Apama, the algorithmic trading division of Progress Software, has implemented its complex event processing (CEP) platform for equity execution at the Commonwealth Bank of Australia (CBA).

Singapore Exchange (SGX) is planning to launch two new systems on 27 April that will grant users faster access to its securities trading and market data services.

Investment bank Citi has launched an electronic equities execution service, Automated Trading, and execution algorithms in Malaysia, allowing the firm’s global clients to send electronic orders to Bursa Malaysia, the country’s national stock exchange.

The Singapore Exchange (SGX) has announced a series of initiatives to bolster its options market, including enhancing the instruments it offers and introducing a web-based electronic trade registration system.

Japanese investment bank Nomura has connected its ModelEx equities electronic trading platform in Asia to TradingScreen, a provider of execution management systems (EMSs) to the buy-side.

Fidessa group, a provider of trading, market data and connectivity solutions, has extended its connectivity agreement with CBX ASIA, agency broker Instinet’s displayed Asian crossing network, to include Hong Kong equities.

Singapore Exchange (SGX) has announced plans to migrate to GENIUM, a high-speed trading platform provided by global exchange group Nasdaq OMX, from its existing QUEST-ST system – also supplied by Nasdaq OMX.

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.