Tag: commodities

The European Parliament passed updated rules for the Markets in Financial Instruments Directive, dubbed MiFID II, last night.

European politicians reached agreement on the core rules of MiFID II last night, but industry experts warned there is a lot of work still to be done before the legislative framework is complete.

The battle for Scandinavian market share is set to intensify with a new initiative from domestic exchange operator Nasdaq OMX Nordic to attract overseas flow and the implementation of the London Stock Exchange's Millennium Exchange platform at Oslo Børs.

The Hong Kong Mercantile Exchange, a commodities and derivatives alternative trading system, launched on 18 May, offering high-speed access to the mainland Chinese commodities market across time zones.

New commodities trading venue The Hong Kong Mercantile Exchange has received authorisation from the Securities and Futures Commission to operate as an automated trading services provider.

Trading technology provider SunGard is to provide direct market access for index futures trading in China.

Renaissance Capital, an investment bank for emerging markets, has expanded its Asian ambitions by opening its first office in Hong Kong, focused on the metals and mining sector.

RTS Realtime Systems Group, a global trading solutions provider, is to offer direct access to the London Metal Exchange (LME) via its RTS data hub in London.

The London Stock Exchange (LSE) has become the first European bourse to offer currency-based exchange-traded commodities (ETCs).

Turquoise, a broker-backed pan-European multilateral trading facility, has expanded the range of instruments on its platform with six exchange-traded commodities (ETCs).