Tag: Trading & Execution

Should illiquid stocks, which may trade tens of thousands of shares per day, be treated the same way as those issues trading tens of millions of shares per day?

Major execution venues active in electronic bond trading are committing to adopting open standardised protocols, said Sassan Danesh, managing partner, Etrading Software, and co-chair of message standards body FIX Protocol Limited (FPL) global fixed income committee.

While the gold, oil, grain and other commodity markets try to recover from the beatings experienced over recent days, the US Securities and Exchange Commission is turning its attention towards the health and transparency of the corporate bond market with an all-day roundtable addressing the market's transparency and market structure today.

Leading US asset managers are using fewer algorithmic providers than their global counterparts, according to The TRADE's latest annual survey, with almost half using algos for over 40% of their orders.

Buy-side traders hope new rules that force transparency on the bond market will not result in an undue increase in transaction costs.

Barclays has introduced a new trade advertising service that distinguishes between its high- and low-touch flow, helping the buy-side better understand where European liquidity lies within the UK bank.

The sheer number of responses from firms interested in operating the US consolidated audit trail will mean the final recommendation on who should run the new data collection mechanism will be delayed for nine months.

Investors looking to Asian markets for portfolio diversification purposes should be aware of the inefficiencies inherent in the region's equity indices, a new study has claimed.

Wedge Partners, a provider of technology, media and telecoms research in the US and China, has signed a deal to use execution services from US agency brokerage Rosenblatt Securities.

International buy-side trade body ICI Global has targeted closer ties to Chinese asset managers by opening a Hong Kong office led by an Asian regulatory veteran.