Regions

The London Stock Exchange (LSE) has named Xavier Rolet, former head of investment bank Lehman Brothers’ French operation, as its next CEO, replacing Clara Furse.

Barclays Capital, the investment banking arm of the UK’s Barclays Bank, said it plans to become a best-of-breed global multi-asset execution service provider following the acquisition of the North American assets of collapsed US bank Lehman Brothers.

The International Securities Exchange (ISE) has established an alternative primary market maker program to support new listings.

InfoReach, a trading technology provider, is to have its InfoReach trade management system (TMS) distributed in the emerging markets by Marco Polo Network, an electronic trading platform.

IT firm Sungard’s acquisition of trading technology company GL TRADE will give European buy-side firms better access to Sungard’s trading product suite and allow Sungard’s US buy-side clients to tap brokers in Europe and Asia.

Software provider Progress Apama has predicted strengthening Brazilian demand for algorithmic trading solutions after unveiling its first client in the country, broker Ágora Corretora de Titulos e Valores Mobiliaro.

Turquoise, a broker-backed equity trading platform, will offer trading in Spanish stocks from 16 February.

US post-trade processing firm Depository Trust and Clearing Corporation's (DTCC) member-owned structure could complicate its battle to acquire European clearing house LCH.Clearnet.

The Bolsa de Valores de Colombia (BVC), Colombia’s domestic stock exchange, has launched a new high-speed cash equities trading system powered by Nasdaq OMX technology.

Investment bank Credit Suisse’s Advanced Execution Services (AES) division, which supplies algorithms and trading tools to the buy-side, has expanded its derivatives capabilities by joining financial software firm Orc’s ExNet broker connectivity network and launching a joint offering with US options pricing and analytics firm Derivix.