ITG, an agency broker and trading technology firm, will extend its product range to new European markets as part of its 2009 expansion plans.
Eurex, the Frankfurt-based international derivatives exchange, has introduced a series of cost incentives to attract new members to its platform.
Smartpool, a European non-displayed trading venue operated by exchange group NYSE Euronext, has received approval from the UK Financial Services Authority (FSA) to launch on 2 February as planned.
Chi-X, a pan-European multilateral trading facility (MTF), will prolong its market hours for the Spanish markets by 30 minutes to close at 16.00 UK local time from 2 February.
Quadriserv, a North American provider of securities lending services, and Eurex Clearing, the post-trade division of European derivatives exchange Eurex, have joined forces to provide central counterparty (CCP) clearing and settlement services for securities lending of European equities.
Collins Stewart, an independent UK investment bank, has gone live with the full suite of trading tools from Fidessa, a provider of trading, market data and global connectivity solutions.
Broker-owned crossing engines have gained an unfair competitive advantage over traditional exchanges, according to exchange groups’ responses to a call by the Committee of European Securities Regulators (CESR) for evidence on MiFID’s impact on Europe’s secondary markets.
Nasdaq OMX Europe, an exchange-backed multilateral trading facility, has introduced a new onward routing strategy, reinforcing the value of redirecting trades to its business model.
German stock exchange group Deutsche Börse is better positioned to weather the recent slump in trading volumes than its fellow European stock exchanges, according to research by Credit Suisse’s exchanges analyst, Rupak Ghose.
Reliance Globalcom, a managed network and application delivery services provider, has connected its ethernet-based financial extranet FinancialConnect! to multilateral trading facilities (MTFs) Chi-X Europe, Nasdaq OMX Europe and BATS Europe.