Trading systems provider Flextrade has connected the smart order routing function of its FlexTRADER execution management system (EMS) to Alpha ATS, the Canadian alternative trading platform that went live on 7 November.
Pan-European trading platform Turquoise has revealed a raft of plans designed to boost trading on the platform, including undercutting the taker fees charged by rivals Chi-X and BATS Europe.
There is not enough trading volume to sustain Europe’s new execution venues, according to Frederic Ponzo, managing director of financial technology consultancy NET2S.
Transaction Network Services (TNS), a market data and connectivity provider, has added Turquoise, the pan-European trading platform, to its expanding portfolio of trading venues and established a market data connection to the Taiwan Stock Exchange (TWSE).