Trading Venues

SecFinex, the securities lending multilateral trading facility, will close its doors. From Friday, the company will stop taking on new business.

US Congress’s House Financial Services Committee has approved bills in the Dodd-Frank Act that clarify swap execution facilities and exempt some buy-siders from risk mitigation measures concerning OTC derivatives.

BATS Global Markets will aim to integrate its European multilateral trading facility with Chi-X Europe by Q2 2012, after finally completing the deal to buy the rival MTF.

The sustainability of the business models of rival exchanges and multilateral trading facilities was at the heart of a sometimes fractious debate at the Mondo Visione Exchange Forum 2011 conference in London on 28 November.

NYSE Liffe, the global derivatives business of exchange group NYSE Euronext, is to open a new office in Hong Kong this week.

Canadian exchange group TMX and the Maple Group Acquisition Corporation, a consortium of 13 Canadian financial institutions, have set out the arguments in favour of creating an integrated exchange group.

Deutsche Börse and Turkey’s Istanbul Stock Exchange have formed an agreement to support each other in developing their respective securities markets, carrying out joint research projects and assisting with marketing activities in Germany and Turkey.

Japan’s Tokyo Stock Exchange has launched futures trading on its Tdex+ System for trading derivatives, as part of a plan to increase volumes and draw in more market participants, including high-frequency traders.

Association of Southeast Asian Nations (ASEAN) exchanges will be linked together by a new ASEAN trading link as early as June 2012.

BM&F Bovespa, the domestic Brazilian exchange group, has partnered with technology provider Calypso, as it seeks to modernise its risk management processes for OTC derivatives.