The International Securities Exchange (ISE) and NYSE Euronext have entered into an agreement to license the right to list ISE FX Options products on the NYSE Arca Options platform.
Tora Trading, an Asian electronic solutions provider, has added the Credit Suisse Advanced Execution Services (AES) algorithmic suite for index futures to its TORA Compass trading platform.
Japanese financial services group Nomura has agreed to buy the Asia-Pacific franchise of collapsed investment bank Lehman Brothers. This includes operations in Japan and Australia.
Investment banks and other large financial institutions need to work together and share risk information to prevent future financial crises having the same impact as the recent sub-prime mortgage problems, according to Philippe Carrel, executive vice president of risk management for Thomson Reuters.
Alternative investment strategies are now established components of institutional portfolios and are no longer ‘alternative’, according to a recent survey commissioned by JPMorgan Asset Management.
A combination of high levels of automation, soaring market data volumes and cut-throat competition have turned trade execution in the US equity markets into a “complex science”.
The Chicago Board Options Exchange (CBOE) and the Korea Exchange (KRX) have signed a memorandum of understanding to establish a collaborative business relationship.