Regions

US brokerage Concept Capital has expanded its institutional sales and trading team in the mid-west region of the country.

Nasdaq OMX Europe, a multilateral trading facility (MTF) for European equities, has announced enhancements to its order routing functionality and dark pool.

Multilateral trading facilities (MTFs) Chi-X Europe and Burgundy will change tick sizes for certain indices following last week’s agreement between the Federation of European Securities Exchanges (FESE), the London Investment Banking Association (LIBA) and four MTFs to harmonise tick sizes across Europe.

Agency broker and trading technology provider ITG will now base its European transaction cost analysis (TCA) service on consolidated data from both primary exchanges and multilateral trading facilities (MTFs).

The European Commission (EC) has released its long-awaited guidelines on reducing risk in Europe’s over-the-counter (OTC) derivatives markets.

German exchange group Deutsche Börse is planning to migrate the remainder of the trading done on the floor of the Frankfurt Stock Exchange to its Xetra electronic trading system from the existing XONTRO system.

The New York Stock Exchange (NYSE) has slashed the time it takes to execute a trade to five milliseconds from 105 milliseconds, following the implementation of its NYSE Super Display Book system (SDBK).

Burgundy, the Nordic trading venue that launched in May, said it traded 8% of the Swedish primary market on 29 June, in its trading statistics for last month.

The Royal Bank of Scotland (RBS) has signalled its intention to grow its Asian and Australian equities businesses with a raft of new hires across electronic trading, sales and research.

Order types that briefly display unfilled marketable orders to a trading venue’s members before routing them elsewhere can benefit the buy-side, but there are also potential dangers inherent in their use, industry experts suggest.