Regions

Block trading venue Pipeline Financial has completed a deal to buy the assets of US block trading options firm 3D Markets, to foster institutional block crossing for US options trades.

Agency broker Instinet Europe has implemented telecoms firm BT’s Radianz proximity hosting and extranet connectivity.

NYSE Technologies, the trading technology division of exchange group NYSE Euronext, has announced that French hedge fund Capital Fund Management has licensed its high-speed, real-time market distribution and integration software.

Chi-X Europe, the first multilateral trading facility (MTF) to enter the European market, has announced its intention to launch a dark liquidity book from Q2 this year, subject to regulatory approval.

Citi is launching Citi Match, its internal dark liquidity pool, in Europe. The system has been live in the US for the past 18 months.

Orange Business Services – Trading Solutions, a provider of trading communications services, has connected its recently-established trading network to BATS Europe, the pan-European multilateral trading facility (MTFs) operated by US exchange BATS.

Credit Suisse’s Advanced Execution Services (AES) unit, the investment bank’s electronic trading division, has rolled out direct market access and algorithmic tools to five new countries.

Broker-owned multilateral trading facility Turquoise has chosen QuantFEED, QuantHouse's low-latency market data solution, to access inbound real time data from across the European equity markets.

UK telecoms provider BT has expanded its low-latency connectivity loop Radianz Ultra Access to include market data and execution venues in London.

Multilateral trading facilities (MTFs) have captured around a quarter of trading in European stocks and now provide a viable alternative to primary exchanges, according to new research from broker CA Cheuvreux.