Europe

Nasdaq OMX launches ETFs in Stockholm

Nasdaq OMX Nordic, operator of stock exchanges in Denmark, Sweden and Finand, has announced the launch of a new portfolio of exchange-traded funds (ETFs) that will allow its members to trade internationally-recognised indices in local currency.

Turquoise sets date for trading depository receipts

Turquoise, a pan-European multilateral trading facility, will start trading depository receipts from October, allowing its members to trade emerging markets securities from its platform.

NYSE MTF signs second connectivity deal in a week

Technology firm SunGard has agreed to offer customers of its connectivity network access to NYSE Arca Europe, the displayed pan-European multilateral trading facility (MTF) owned by exchange group NYSE Euronext.

Nasdaq OMX steps up assault on Oslo Børs

Nasdaq OMX Nordic, operator of the national exchanges in Sweden, Finland and Denmark, will start trading Norwegian derivatives from 14 September, exerting further competitive pressure on Norwegian exchange Oslo Børs.

Eastward expansion outlined by Nasdaq OMX Europe

Nasdaq OMX Europe has announced its intention to become the first pan-European multilateral trading facility (MTF) to offer trading in Eastern European stocks.

PLUS to offer market maker incentives

PLUS Markets Group, a UK exchange specialising in small- and mid-cap stocks, is planning an incentive scheme for market makers in a bid to attract more equity trading volume.

Buy-side unconvinced of MiFID’s benefits – TRADE poll

As the European Commission (EC) gathers evidence for its MiFID review, a survey by The TRADE has found that 68% of European buy-side heads consider their clients to be worse off since its implementation, while only 16% think the directive has improved their ability to attain best execution.

Morningstar unveils tick data extraction tool

Investment research provider Morningstar has launched a new tool that provides clients with faster and more flexible access to its Morningstar Quotes tick history database.

NYSE MTF aims to expand member base with RTS deal

NYSE Arca Europe, a pan-European multilateral trading facility (MTF) owned by exchange group NYSE Euronext, has launched a joint marketing initiative with RTS Realtime Systems Group, a trading solutions provider, in an attempt to boost trading on its platform.