Nasdaq OMX Europe, the pan-European MTF operated by global exchange group Nasdaq OMX, has no plans to change its BLNK routing strategy despite its parent’s withdrawal of FLASH, a similar strategy, in the US.
Quote MTF, a pan-European multilateral trading facility (MTF), has taken a step closer to its 4 September launch by finalising its stock rollout schedule.
Swiss clearing house SIX x-clear has opened a representative office in Stockholm, Sweden, ahead of its participation in exchange group Nasdaq OMX’s pan-Nordic central counterparty (CCP) clearing service, which will launch later this year.
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.
Market data vendor Thomson Reuters has integrated global exchange group Nasdaq OMX’s Market Replay tool into Thomson Reuters Transaction Analytics, a product suite featuring post-trade best execution analysis, trade exception monitoring and compliance reporting.
Agency broker Instinet Europe has become the seventh liquidity partner for TQ Lens, the non-displayed liquidity aggregation service run by Turquoise, a pan-European multilateral trading facility (MTF).
Broker UBS has launched its Tap liquidity-seeking algorithmic trading strategy in Australia, Hong Kong and Japan. The algorithm is already available in the US and European markets.
BATS Europe, the pan-European multilateral trading facility (MTF) backed by Kansas-based exchange group BATS Global Markets, will introduce a new price promotion for UK stocks following the success of a similar initiative in Euronext stocks.
SmartPool, exchange group NYSE Euronext’s dark trading facility, is to extend its stock universe to mid-cap names, but some brokers warn that fragmentation could increase the cost of trading in less
Pipeline Trading Systems, a US-based block trading venue, has launched a new tool, PowerPlus, to help buy-side institutions manage their broker commissions.