BATS Europe, the pan-European multilateral trading facility (MTF) backed by US exchange BATS, achieved record market shares of the total value traded on four major European indices on 2 June, the first full day of its inverted price promotion for NYSE Euronext-listed stocks.
Chi-X Europe, a pan European multilateral trading facility (MTF) owned by agency brokerage Instinet, will start offering Portuguese stocks from 26 June.
Trading has been suspended for the day on Burgundy, a multilateral trading facility for Nordic stocks, because of an apparent problem with one of the platform’s FIX engines.
Turquoise, a broker-backed pan-European equity trading venue, has received approval from the UK’s Financial Services Authority (FSA) to use an European best bid and offer (EBBO) as the reference price source for its mid-point non-displayed order book.
UK financial regulator The Financial Services Authority (FSA) is proposing to extend a rule requiring the disclosure of ‘significant’ short positions in UK financial stocks indefinitely beyond its 30 June expiry date.
BATS Europe, the multilateral trading facility (MTF) owned by US exchange BATS, has selected market data and trading services provider Fixnetix for co-location hosting.
The adoption of uniform tick sizes by trading venues across Europe would help multilateral trading facilities to compete more effectively, according to BATS Europe, a pan-European multilateral trading facility.
UK exchange group PLUS Markets has resolved its long-standing legal battle with the London Stock Exchange (LSE), allowing PLUS to trade all the stocks listed on the LSE’s AIM small- and mid-cap segment.
The European Commission has proposed a more centralised European financial regulatory structure to strengthen cross-border supervision and risk controls and prevent future financial crises.
LCH.Clearnet Ltd, the UK arm of European clearing house LCH.Clearnet, plans to offer its SwapClear over-the-counter (OTC) interest rate swap clearing service to the buy-side trading community in the second half of 2009.