Regions Archive

November 06, 2009

LSE sets new date for hidden orders, amends fees

The London Stock Exchange (LSE) will add hidden order functionality to its SETS and international order books on 1 December – almost nine months after the original planned launch date. read more>

November 05, 2009

Europe’s liquidity fragmentation could reverse sharply – Aite

While lit and dark multilateral trading facilities (MTFs) have successfully taken market share from Europe’s incumbent exchanges, equity trading order flow could reconsolidate in a handful of venues as quickly as it fragmented, according to the latest report from consultancy Aite Group. read more>

November 05, 2009

Settlement glitch delays SGX’s post-trade revamp

The Singapore Exchange (SGX) has rescheduled the implementation of new settlement processes, originally planned for 6 November, because of an “isolated incident” in its pre-settlement matching system. read more>

November 05, 2009

German broker to use RTS’s co-location and algos

RTS Realtime Systems Group (RTS) is to provide proximity hosting and its RTD Tango algorithmic trading solution to German securities broker equinet. read more>

November 04, 2009

Does inverted pricing work in Europe?

Does inverted pricing work in Europe?

Multilateral trading facility BATS Europe’s retention in October of the FTSE 100 market share it won with its September price promotion may indicate that inverting fees can generate liquidity on a sustained basis, but it also suggests the continued growth of high-frequency trading in London. read more>

November 04, 2009

Europe’s buy-side to expand equity derivatives volumes

European investment institutions will increase their use of equity derivatives products in 2010 following solid growth this year, according to new research by Greenwich Associates. read more>

November 03, 2009

ConvergEx brings block trading back to NYSE floor

A consortium of independent US broker-dealers, Mahogany Partners, has asked agency broker and technology provider ConvergEx to build a suite of electronic trading products to enhance its members’ block trading capabilities. read more>

November 03, 2009

BATS Europe retains UK market share won in fee cuts

BATS Europe, the pan-European multilateral trading facility owned by US exchange group BATS Global Markets, boosted its market share of trading in UK FTSE 100 stocks to 8.05% in October from 7.21% in September, indicating that the platform has retained market share won during its September price promotion for UK stocks. read more>

November 03, 2009

Patsystems offers access to Taiwan Futures Exchange

Patsystems, a derivatives trading solutions provider, has connected to the Taiwan Futures Exchange (TAIFEX). read more>

November 03, 2009

Fidessa continues Latin American push

Fidessa, a trading technology provider, has continued its expansion into Latin America with the addition of nine brokerage firms from Mexico and Brazil to its global connectivity network. read more>