Trading Venues

The US market opened in chaos yesterday, as what NYSE is calling a “system issue” caused widespread confusion and a series of halted trades. 

The exchange operator is planning to migrate the clearing of its Euronext derivatives markets to its internal clearing house by the third quarter of 2024.

big xyt survey suggests systematic internaliser (SI), continuous and dark trading volumes are all falling at the hands of the off-book negotiated trades segment.

The extended partnership will support increased trading activity following the launch of a new Alternative Trading Board (ATB) and SME markets, the Dhaka Stock Exchange said.

Counting down the second batch of The TRADE’s most read news stories over the past year, featuring Virtu Financial, Barclays and LSEG’s TORA.

Counting down from 10 to seven of the most read news stories on The TRADE over the past year, featuring LSEG’s Turquoise, Morgan Stanley, Millennium, BNP Paribas, Deutsche Bank and Citadel Securities.

Water damage from a burst pipe resulted in a temporary trading pit closure with no open outcry trading for the day. 

The TRADE catches up with Sakeena Lalljee, director, business development at Aquis Exchange, to discuss the exchange’s move into dark trading, the fragmented nature of European markets and efforts to diversify and attract market participants.

LSEG has held a minority stake in Acadia, which provides risk management, margining and collateral services for the uncleared derivatives markets, since 2018.

Tradition America has purchased the subsidiary from Euronext which acquired the MTS holdings as part of its Borsa Italiana deal in 2021.