NYSE Arca Europe, a European multilateral trading facility (MTF) backed by global exchange group NYSE Euronext, has joined the MTF working group to develop a uniform symbology framework for European equities.
Euroclear, the European provider of clearing services, has completed its purchase of trade matching and market data firm Xtrakter from the International Capital Market Association (ICMA).
The Tokyo Stock Exchange (TSE) has outlined changes to its trading rules that will take effect when it launches Arrowhead, its new cash equities trading system, on 4 January next year.
US post-trade utility Depository Trust & Clearing Corporation (DTCC) has announced that it will not go ahead with its planned purchase of LCH.Clearnet, the European clearing house, and will instead “seek other strategic alternatives".
Bolsas y Mercados Españoles (BME), the group that operates all Spain’s domestic stock exchanges, has reported a 39.5% fall in first-quarter net profit to €33.5 million on the back of reduced trading volumes.
European equity trading activity showed signs of stabilising in March, with turnover increasing by 11% from February to just over €1.1 trillion, according to the latest market share report from Thomson Reuters, which includes delayed trades for the first time.
International exchange group Deutsche Börse has opened a representative office in Tokyo to provide a local hub for Eurex, its derivatives exchange, and its Market Data & Analytics unit.
Trading software and analytics provider Tethys Technology has added a new module for options auto-quoting and centralised, risk-managed trading to its Execta execution management system (EMS).
Two US trading venues, equities platform Direct Edge and options exchange International Securities Exchange (ISE) – which owns 31.54% of Direct Edge – will introduce new fee schedules on 1 May that offer more attractive pricing.