Trading Venues

Facebook IPO leads exchanges to call for reform

After last month's troubled Facebook IPO, representatives from leading US equity exchange operators called for market-wide reforms to restore investor confidence at the SIFMA Tech Leadership Forum in New York.

Nasdaq OMX postpones Facebook payout

Nasdaq OMX has delayed its plan to compensate members that lost money during a technical glitch that affected the IPO of Facebook.

NYSE Euronext wins first London listing

Groupe Eurotunnel will delist from the London Stock Exchange to become the first listing on NYSE Euronext's London-based market, with the Channel Tunnel infrastructure provider citing easier access to liquidity as a factor behind its decision.

Block trading competition on the up downunder

Block trading is proving more and more popular in Australia, a market characterised by large compulsory pension funds, as venue operator Liquidnet in May set another record, trading over AU$1 billion (US$1.02 billion) in member trades.

 

IDBs to re-aggregate OTC derivatives liquidity in the US

Experts will tell the Commodity Futures Trading Commission tomorrow that interdealer brokers are best placed to handle the aggregation of swaps liquidity following the arrival of new OTC derivatives rules.

US equity trading hits year high

US equity trading volumes reached their highest volumes so far this year, although the market share of trading venues remained relatively unchanged month-to-month.

Safety first as SEC reaches circuit-breaker end-game

Last Friday’s endorsement of new circuit breaker mechanisms by the Securities and Exchange Commission – more than two years after the flash crash that prompted a wholesale review of US equity market structure – promises greater safety for investors but some risks remain.