News Archive

May 23, 2013

London must brace for MiFID II-driven BCN and sales trader decline

The impending MiFID II regulation will effectively cease broker crossing networks in Europe, causing unprecedented upheaval to trading processes and the technology that underpins them, an expert has warned. read more>

May 23, 2013

Turquoise Derivatives extends single stock options

The derivatives arm of London Stock Exchange Group multilateral trading facility Turquoise, is set to offer trade reporting on 19 UK single stock options linked to UK-listed natural resources equities. read more>

May 23, 2013

Chi-X Australia breaches AU$1 billion daily traded mark

Alternative trading venue Chi-X Australia today traded in excess of AU$1 billion for the first time, as it maintains a consistent share of local equities trading. read more>

May 23, 2013

ITG extends POSIT suite to Singapore

Execution and research broker ITG has extended the reach of its POSIT suite of crossing and aggregation tools to Singapore. read more>

May 22, 2013

Fixed income market reform forces banks to adapt

Banks must adapt to changes in the fixed income market in order to gain a competitive advantage, according to research published by London-based consultancy GreySpark Partners today. read more>

May 22, 2013

Small investors at greater risk as institutions grow in Shenzhen

The Shenzhen Stock Exchange published a study on 15 May 2013 that analyses the behavioural change of investors in the Shenzhen market. It shows the continued heavy participation by retail investors, even as institutional investment accumulates more of the free-float. read more>

May 22, 2013

ASIC rule changes may shrink Australian dark pools

ASIC rule changes may shrink Australian dark pools

Changes to rules governing dark pools in Australia on 26 May may prompt a shift of equity market liquidity back onto lit trading venues, but mid-point crossing services are expected to thrive. read more>

May 22, 2013

Traiana OTC initiative does little for interoperability

An extension of post-trade matching service Traiana that sends OTC equity trades through central counterparties will cut bilateral equity trade settlement fees for brokers and banks, but is unlikely to spur greater interoperability in Europe. read more>

May 21, 2013

Mini crash fuels calls for market structure overhaul

Mini crash fuels calls for market structure overhaul

A 'mini flash crash' that wiped out the value of a US stock has again suggested US market structure distress, days after a roundtable saw captains of the finance industry agree that regulators should be careful not to interfere with a well-functioning system. read more>

May 21, 2013

Buy-side firms concerned over sales trader knowledge

Over half of asset managers do not agree that sales traders understand their business and how they generate alpha, according to research from US consultancy Woodbine Associates. read more>