Asian trading volumes have crashed to their lowest levels so far this year, led by China and Japan, the region’s largest markets, according to figures from Thomson Reuters.
The Federation of European Securities Exchanges, a trade body for exchange operators, has launched a strategic review that opens to door to greater cooperation with multilateral trading facilities.
Changes to the regulation of broker crossing networks could curb some common trading practices, but further clarity is required to fully assess their impact on institutional investors, said Caleb Wright, head of EMEA equities strategy and market structure at Bank of America Merrill Lynch, in a webinar hosted by theTRADEnews.com.
The final draft of the European Commissionâ€™s proposed revisions to MiFID will impose new restrictions on high-frequency trading, confirm a ban organised trading facilities from crossing against prop trading flow, and define new rules for access criteria between central counterparties and trading venues.
Trading technology and execution management systems provider TradingScreen is to provide a combined picture of stock liquidity of local equities jointly listed on the Australian Securities Exchange and new venue Chi-X Australia when it launches, on 31 October 2011.
Equiduct, the retail-focused pan-European regulated market, has revealed plans to extend its services to Italy as well as strong Q3 volumes.
Chi-X Australia, the alternative trading system operated by Chi-X Global, has appointed David Trude as an independent director.
The Tokyo Stock Exchange is to launch its 'Next Tdex+ System' for futures and options trading, together with a third-generation system for the trading of stock and corporate bonds.
UK-based financial services company GH Financials is joining the Singapore Exchange derivatives market as a trading member, bringing total membership to 37.
The Singapore Exchange has introduced a set of measures intended to improve its securities market opening and closing routines through improved transparency and trading safeguards.