Trading Venues

Tokyo-Osaka merger buoyed as regional volumes soar

The Tokyo and Osaka exchanges have inched back market share from rival proprietary trading systems in their first month of trading as the Japan Exchange, a combined exchange. Meantime, overall Asian equity volumes hit a 22-month high.

Dark MTFs gain amid nine-month European volume high

Dark multilateral trading facilities increased as a percentage of European equity activity in January, as overall trading in the region reached its largest total since May 2012.

Canadian dark trading halved since new regulation

The proportion of non-displayed trading in Canada has more than halved since the introduction of new rules that restricted the use of dark pools last October, according to data from Thomson Reuters.

Equiduct revival gathers pace

Equiduct has expanded the role of a key market maker on its pan-European trading venue, adding further to liquidity available to its members.

SEF rules to be finalised in two weeks

Commissioner Scott O'Malia has revealed the US Commodity Futures Trading Commission's final rules governing swap execution facilities would be released by mid-February.

Equiduct strikes liquidity deal with Winterflood

Within the next few weeks, UK market making firm Winterflood will begin market making on Equiduct, providing a much needed boost to the pan-European retail-focused market.

Exchanges pursue tech offerings as equity profits fall

Regulatory scrutiny of US market structure is intensifying, reinforcing the imperative for stock exchanges to look beyond matching equity trades towards new innovations and revenue diversification.

Listed derivatives trading slumps 20% in 2012

The number of equity derivatives contracts traded plunged 20.4% globally to 14.9 billion in 2012, the first drop in nearly a decade, new figures from the World Federation of Exchange have shown.

SEFs prepare for battle despite regulatory uncertainty

Even with the continued lack of clarity on new rules set to govern US swaps trading venues, prospective market operators are keenly preparing their offerings in anticipation of Q2 launches.