MTFs & ECNs Archive

February 18, 2010

Lederman and Wilson depart as LSE closes Turquoise deal

David Lester has been named CEO of the London Stock Exchange’s new pan-European trading platform, which will be formed by merging its Baikal dark pool with the newly-acquired Turquoise multilateral trading facility. read more>

February 15, 2010

Competitors’ rates must fall further – Chi-X’s Haynes

Competitors’ rates must fall further – Chi-X’s Haynes

If any of Europe’s exchange heads believe their trading fees are now trimmed to the bone, they had better think again, according to Alasdair Haynes, the new chief executive of Chi-X Europe. read more>

February 09, 2010

Canadian ATSs step up technology war

Alternative trading systems (ATSs) in Canada have stepped up their challenge to the Toronto Stock Exchange (TSX) with a series of technology initiatives designed to improve their services. read more>

February 08, 2010

LCH and x-clear suggest own link as interoperability template

European central counterparty clearers LCH.Clearnet Limited and SIX x-clear have published a summary of their linking agreement, which came into force in December 2008, as a template for interoperability between other clearing houses in the continent. read more>

February 04, 2010

Direct Edge targets Q2 for exchange transition

US trading venue Direct Edge now expects to complete its transition to exchange status by Q2 this year, as it awaits final approval from US regulator the Securities and Exchange Commission (SEC). read more>

February 03, 2010

EuroCCP to offer ETC clearing services

Pan-European central counterparty EuroCCP will start offering clearing services for exchange-traded currencies (ETCs) from 5 February, with multilateral trading facility Turquoise the first to take advantage. read more>

January 29, 2010

Deutsche Bank to support Nasdaq MTF’s CE Europe foray

Equities clearing house European Multilateral Clearing Facility (EMCF) has appointed Deutsche Bank as its settlement agent for central and eastern Europe ahead of pan-European trading platform Nasdaq OMX Europe’s expansion into the region. read more>

January 25, 2010

BATS Europe takes on Nasdaq MTF with SOR

European multilateral trading facility BATS Europe has revealed plans to launch a smart order routing service to exchanges, fellow MTFs and dark pools on 15 February. read more>

January 20, 2010

GAIN launches FX trading platform in US

GAIN Capital, a global provider of online trading services, has launched a new independent electronic communications network for foreign exchange trading. read more>

January 19, 2010

MTFs report good start to new decade

Pan-European multilateral trading facilities (MTF) BATS Europe and Chi-X Europe have recorded strong starts to 2010, with both setting market share records in January. read more>