Europe

EC issues proposals to strengthen European financial supervision

The European Commission has adopted draft legislation to create a new European Systemic Risk Board (ESRB) to identify risks to the European financial system and act as an early warning system for risks that require a rapid response.

NYSE Arca Europe offers trading in 300+ new stocks

NYSE Arca Europe, the pan-European multilateral trading system operated by exchange group NYSE Euronext, has added a further 334 large and mid-cap stocks, bringing the total number of names in which it offers trading to 794.

Auerbach Grayson agrees German coverage deal with DZ Bank

Auerbach Grayson, a US agency brokerage that specialises in global trade execution and research services, has agreed a deal with DZ Bank aimed at offering institutional clients greater access to Germany’s capital markets.

Polish alternative bond trading platform approved

The Polish Financial Supervision Authority has approved changes to the Warsaw Stock Exchange's (WSE) alternative trading system regulations that will allow the bourse to launch the unregulated trading portion of its new CATALYST corporate and municipal bond market on 6 October.

Atrium Network links to Quote MTF

Quote MTF, a newly-launched pan-European multilateral trading facility, has joined connectivity provider Atrium Network’s extranet community.

CM-CIC Securities deploys QuantHouse trading tools

CM-CIC Securities, the investment arm of French banking group CM-CIC, has chosen a low-latency solution from trading technology provider QuantHouse to help it provide execution services to its buy- and sell-side clients across Europe.

LSE buys IT firm; new trading platform by end-2010

The London Stock Exchange Group has acquired MillenniumIT, a Sri Lankan technology services provider, as a first step to replacing its TradElect platform with a “highly scalable and very low latency” multi-asset trading system.

Spanish broker joins NYSE Arca Europe

Barcelona-based broking house SeBroker has become a member of NYSE Arca Europe, the displayed pan-European multilateral trading facility operated by global exchange group NYSE Euronext.