Regions

BATS Europe, the multilateral trading facility (MTF) owned by US exchange BATS, has selected market data and trading services provider Fixnetix for co-location hosting.

Following the receipt of its licence to operate in Canada in May, US agency broker JonesTrading, which specialises in block executions, is planning to push into Europe and Asia with the help of trading technology firm Fidessa.

The adoption of uniform tick sizes by trading venues across Europe would help multilateral trading facilities to compete more effectively, according to BATS Europe, a pan-European multilateral trading facility.

UK exchange group PLUS Markets has resolved its long-standing legal battle with the London Stock Exchange (LSE), allowing PLUS to trade all the stocks listed on the LSE’s AIM small- and mid-cap segment.

Broker-dealer Credit Suisse has made a version of its Pathfinder smart order router (SOR) available to clients trading in the Japanese market following a period of internal testing.

US equities trading platform Direct Edge has introduced a new order type called Hide Not Slide, which allows traders to hide orders that were originally submitted as display-eligible and adjust their price while keeping their place in the order book queue.

Investment bank Credit Suisse has hired former UBS executive Matt Pecot to lead its Asia-Pacific prime services business, based in Hong Kong.

The European Commission has proposed a more centralised European financial regulatory structure to strengthen cross-border supervision and risk controls and prevent future financial crises.

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.

LCH.Clearnet Ltd, the UK arm of European clearing house LCH.Clearnet, plans to offer its SwapClear over-the-counter (OTC) interest rate swap clearing service to the buy-side trading community in the second half of 2009.