Regions

ITG Group, the agency broker and financial technology firm, has appointed Neil McCann as director of sales trading in Hong Kong and James Levy as senior sales trader in Australia.

Quote MTF, a multilateral trading facility (MTF) based in Hungary, has become the newest member of an industry working group to develop common symbology for European equities.

BNY ConvergEx, a US-based agency brokerage and trading technology provider, has launched a new version of its Eze order management system (OMS) and added investment bank Barclays Capital’s US-listed options algorithms to the platform.

Global exchange group Nasdaq OMX will introduce a new pricing schedule for trading on US equities bourse The Nasdaq Stock Market (Nasdaq) from 1 July that will provide greater rewards to liquidity providers and charge liquidity takers less.

SunGard, a global technology vendor, has launched an equities crossing network for US clients of its various trading solutions.

Additional transparency in the over-the-counter (OTC) derivatives market, as envisaged by US president Barack Obama, could reveal more about buy-side trading intentions and expose dealers to greater market impact.

US broker Knight Capital is launching a new ‘smart order execution’ algorithm designed to help investors source liquidity in small- and mid-cap stocks.

Nasdaq OMX Europe, the multilateral trading facility (MTF) owned by global exchange group Nasdaq OMX, will start trading Portuguese listed stocks on the same day as rival MTF Chi-X Europe.

Progress Apama, the algorithmic trading and complex event processing division of Progress Software, has connected its algorithmic trading platform to the Lime Trading System, an execution service provided by US agency broker Lime Brokerage.

Trading technology provider Realtime Systems (RTS) has announced plans to offer direct market access (DMA) and sponsored market access (SMA) to a range of new US equity trading platforms.