Regions

Direct Edge accelerates onward routing

US equity trading platform operator Direct Edge has implemented a low-latency market data solution from technology firm Exegy to improve its onward routing speed.

French asset manager deploys high-speed trading tools

Quantam, a long/short asset manager based in France, has selected the QuantFEED low-latency market data and QuantLINK proximity hosting and order routing services from QuantHouse, a provider of systematic trading solutions.

Charles River opens China office

Charles River Development, a trading software provider for investment firms, has opened a regional office in Beijing, China, to better connect with its clients in the region.

Kuwait Stock Exchange to launch new trading platform in 2011

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.

Morgan Stanley chooses Corvil to track down latency

Investment bank Morgan Stanley will use two products from electronic trading and data latency management systems provider Corvil to help it better understand where latency is incurred throughout the trading process.

Pipeline Europe adds LCH as second CCP

Pipeline Europe, a pan-European multilateral trading facility (MTF) for equity blocks, has added LCH.Clearnet Ltd as a second central counterparty (CCP), joining existing provider EuroCCP.

BATS Europe abandons maker-taker dark pool pricing

BATS Europe, the European multilateral trading facility (MTF) owned by US exchange group BATS Global Markets, will drop maker-taker pricing for its dark pool platform next week following client feedback.

SGX tweaks post-trade system to cut failed trades

Singapore Exchange plans to introduce changes to its clearing and settlement system on 6 November aimed at reducing non-delivery of securities and imposition of the related penalties.