European Multilateral Clearing Facility (EMCF), a pan-European clearing service, has reported a significant increase in volumes, citing growth in multilateral trading facility (MTF) activity and the introduction of central counterparty clearing to the Nordic region.
Investment bank Nomura has launched a co-location service in Europe, offering clients software hosting and low-latency connectivity to Europe’s major exchanges and multilateral trading facilities.
Despite calls for bulge-bracket brokers’ internal crossing networks in Europe to be reclassified as multilateral trading facilities under MiFID, regulators should not rush into any changes, according to David Lawton, head of markets infrastructure and policy at the UK's Financial Services Authority.
Investment Technology Group, an agency broker and financial technology firm, has extended its POSIT non-displayed trading platform to cover equities from Greece and Cyprus.
Pan-European multilateral trading facility (MTF) Chi-X Europe has launched Chi-Velocity, a solution that aims to combine the speed of sponsored access with the additional functionality and risk control of direct market access (DMA).
Otkritie and Metropol UK will be the first Russian brokers to trade depository receipts on Turquoise, a pan-European multilateral trading facility (MTF).
Oslo Børs, Norway’s national stock exchange, has announced plans to launch a multilateral trading facility (MTF) for over-the-counter (OTC) derivatives.
Nasdaq OMX Europe, the pan-European multilateral trading facility owned by global exchange group Nasdaq OMX, has appointed UK clearing house LCH.Clearnet Ltd as a central counterparty.
The London Stock Exchange experienced a problem when members inputted invalid data on its platform this morning, which left its participants unable to trade certain UK stocks for over an hour.