Trading Venues

The move will enable exchange members to use ION’s Fidessa algorithmic trading functionality on BSE, with the aim of reducing costs and improving efficiency.

The exchange is set to go live in 2026 with investment from five firms set to fund talent and technology to facilitate launch.

Sum of deal, which will see the venue operator and technology provider acquire 100% of the electronic exchange from 7RIDGE, remains undisclosed.

Venture was agreed in October; “We remain committed to supporting regulators and the industry to help deliver a tape that meets users’ needs,” a Cboe Europe spokesperson tells The TRADE.

Counting down from seven to four of the most read news stories on The TRADE over the past year, featuring Citadel, Millennium and more.

Market onlookers from RBC, Bank of America Securities, Cboe Europe, and Stifel delve into the market structure changes at the fore of the industry’s mind, unpacking how the role of trading venues will become increasingly important for market participants throughout 2025 and beyond.

Users will gain greater flexibility in generating analytics for around 2.9 million fixed income securities with data from the last 20 years.

Participants across TD Securities, Comgest, OpenGamma, Six Swiss Exchange and XTX Markets explore the changing liquidity landscape unpacking the increasing dominance of new players, fragmentation and navigating the macro landscape.

OptimX has launched actionable liquidity through the Aquis Matching Pool.

New features are due to begin rolling out in mid-2025, with key upgrades set to include real-time data processing and real-time settlement instruction matching.