Exchanges Archive

January 14, 2008

OMX to provide trading and clearing systems to Bombay Stock Exchange

Nordic exchange operator OMX and the Bombay Stock Exchange (BSE) have signed an agreement under which OMX will deliver trading and clearing systems to strengthen BSE’s derivatives and securities trading capabilities. read more>

January 14, 2008

Over 200 million electronic trades on LSE/Borsa Italiana in 2007

Some 212 million electronic equity trades, with a combined value of £3.2 trillion (€4.7 trillion), were carried out on the cash markets of Borsa Italiana and the London Stock Exchange in 2007. read more>

January 11, 2008

CME Group unveils upgrades and enhancements

US exchange CME Group has announced a raft of upcoming technology and interest rate product enhancements. read more>

January 11, 2008

BIDS Trading’s 2007 volume exceeded 2.34 billion shares

Trading volume on US alternative trading system (ATS) BIDS Trading reached more than 2.34 billion shares in 2007, with average daily volume topping 17.6 million shares in the fourth quarter of the year. read more>

January 10, 2008

Consortium buys Chi-X Europe stake

Consortium buys Chi-X Europe stake

A consortium of 13 banks and hedge funds has agreed to buy a minority stake in Chi-X Europe, the pan-European MTF owned by Instinet Europe. Instinet retains a majority stake in the MTF. read more>

January 09, 2008

US brokers could soon access foreign exchanges directly

US brokers could soon access foreign exchanges directly

Staff at the US Securities and Exchange Commission (SEC) are preparing a proposal to allow US brokers to access foreign stock exchanges directly, making it easier for US investors to trade internationally. read more>

January 09, 2008

ISE’s trading volume grows as it changes pricing structure

The International Securities Exchange (ISE) has reported that in December 2007, the ISE Stock Exchange traded an average daily volume of 40 million shares, up from less than 10 million shares in the second quarter of last year ISE’s options exchange traded an average daily volume of 3.1 million contracts in the same period. read more>

January 09, 2008

Deutsche Bank and JPMorgan buy BATS stakes

Investment banks Deutsche Bank and JPMorgan have each taken a minority stake in BATS Trading, the operator of the BATS ECN, an alternative trading platform for US securities. read more>

January 07, 2008

SEC approves rules for NYSE block trading platform

The US Securities and Exchange Commission has approved the rules for NYSE MatchPoint, a new, portfolio-based, point-in-time electronic facility of the New York Stock Exchange that matches aggregated orders at predetermined sessions throughout regular hours and after hours of the exchange. read more>

January 07, 2008

PLUS adds European liquid stocks to its trading platform

UK stock exchange PLUS Markets has introduced liquid European stocks to its new trading platform, bringing the number of securities accessible on the platform to 7,500. read more>