The equity markets division of banking group ING has extended its electronic desk access (EDA) and direct market access (DMA) services to its clients via the Marco Polo network, an independent platform for electronic trading of global emerging markets.
China’s Shanghai Stock Exchange (SSE) is planning to launch an information system to facilitate trading in its block execution market, according to an interview with Geng Liang, governor of the SSE, in Shanghai Securities News, a Chinese financial newspaper.
US equity trading volumes increased by half in the first two months of 2009, despite widespread falls in asset prices and higher investor redemption levels, according to research from Credit Suisse Advanced Execution Services (AES).
Chi-X Europe, a pan-European multilateral trading facility, has appointed Mark Howarth as interim CEO, replacing Peter Randall, who is stepping down for personal reasons.
NYSE Arca Europe, a displayed pan-European multilateral trading facility (MTF) created by exchange group NYSE Euronext, started trading today and will offer free trading until April as part of a three-week-long launch promotion.
ICE US Trust, a New York limited liability trust company owned by US futures exchange group IntercontinentalExchange (ICE), has started clearing and processing credit default swap (CDS) index transactions in the North American Markit CDX indices.
US equities block trading platform Pipeline is planning to start trading across Europe from Q2 this year. The firm is in the final stages of the authorisation process for its new European platform with the Financial Services Authority, the UK’s financial regulator.
Agency broker and technology provider ITG said its POSIT crossing network can execute trades in equities from the Czech Republic, Hungary and South Africa.
Turquoise, a pan-European multilateral trading facility backed by nine of the largest investment banks, faces a battle to maintain its market share in European equity trading from this week as its market-making agreements expire.