Equiduct, a pan-European equity trading platform that started trading in April, has launched OrangeLiquidity Viewer, a web-based tool providing a graphical view of available liquidity and trading conditions across selected European trading venues.
Exchange group Deutsche Börse is examining ways to offer low-touch execution services directly to the buy-side, such as direct market access and order routing, through partnerships with third parties.
Commission sharing agreements (CSAs) are not sufficient to achieve full unbundling of payments for brokers’ services, despite a recent Financial Services Authority report praising their effectiveness, according to some market observers.
German exchange group Deutsche Börse has unveiled plans to launch Xetra International Market, a service for trading pan-European equities, in the fourth quarter of 2009.
The decline in equity trading activity since September last year is challenging the low-cost, high-volume business models of Europe’s new multilateral trading facilities (MTFs), prompting observers to suggest the platforms should focus on differentiators other than price to survive.
Complex event processing (CEP) solutions vendor Aleri has launched an upgrade to its liquidity analysis tool that will allow clients to view equity prices across Europe’s multilateral trading facilities (MTFs) and exchanges.
Market data vendor ACTIV Financial has joined connectivity provider Atrium Network’s extranet community and has become one of the first clients to use Exchange Ring, Atrium’s ultra-low-latency network connecting European exchanges and multilateral trading facilities (MTFs).
The US Securities and Exchange Commission (SEC) is seeking public comment on whether it should impose price or so-called circuit-breaker restrictions on short-selling US equities.
Chi-X Europe, the pan-European multilateral trading facility owned by agency brokerage Instinet, has announced its intention to start trading exchange traded commodities (ETCs) later this month.