Trading Venues

The New York Stock Exchange's closure of its dark pool joint venture with BIDS Trading, offers further evidence of the challenges faced by venues that attempt to cross blocks for the buy-side.

A new trading platform for Brazilian corporate debt developed by the IntercontinentalExchange and fixed income depository Cetip is set for launch later this month.

US stock exchanges and market participants will recommend a new tick size regime for less-liquid stocks at a roundtable hosted by the Securities and Exchange Commission today.

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 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.

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.

Interdealer broker Tradition has added two new founder members to its TraFXpure platform for spot FX trading ahead of its impending launch.

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

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.

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.