Trading technology provider Fidessa has added broker EFG Hermes to its global connectivity network, granting the network’s buy- and sell-side users access to major exchanges in the Middle East and north Africa.
Interactive Data Corporation has signed an agreement with fellow market data vendor XData that will allow it to provide clients with financial markets data from the Gulf Cooperation Council countries.
Global exchange group Nasdaq OMX has agreed to provide trading technology and strategic advisory services to the Kuwait Stock Exchange as part of a joint venture between the two bourses to develop Kuwait’s capital market.
PLUS Markets, a UK exchange group specialising in mid- and small-cap trading, has announced that a group of investors from the Gulf Cooperation Council (GCC) is to invest £5.5 million for a 19% stake in the firm.
Derivatives trading technology provider Patsystems is offering connectivity to the South African Futures Exchange (SAFEX) in partnership with securities trading and brokerage firm Applied Derivatives.
BNY ConvergEx, a US-based agency brokerage and investment technology provider, has expanded its direct market access (DMA) offering to five emerging-market exchanges.
Alternative Execution, the electronic and portfolio trading division of London-based agency brokerage Execution, has added Israel to the emerging markets where it offers trading services.
Thomson Reuters, a market data and trading technology firm, has added broking house EFG-Hermes to its order routing network, expanding its exchange trading offering throughout the Middle East and North Africa (MENA) region.