MTFs & ECNs Archive

Global exchange group NYSE Euronext is considering the sale of NYFIX’s Millennium and Euro Millennium dark pools, having acquired the US-based connectivity-to-transactions technology provider to exploit buy- and sell-side synergies with its NYSE Technologies electronic trading solutions subsidiary. read more>

Australian market participants have welcomed proposed changes to the structure of financial markets supervision in the country and anticipate an increase in the number of alternative trading venues bidding to compete with Australian Securities Exchange (ASX). read more>

Quote MTF, a new pan-European multilateral trading facility (MTF), will have significant liquidity from its 4 September launch after signing up a second market maker, according to board member Gabor Kutas. read more>

The Australian government is to hand total responsibility for supervision of the country’s financial markets to the Australian Securities and Investment Commission (ASIC), the country’s financial regulator, giving renewed hope to alternative equity trading venues looking to compete with the Australian Securities Exchange (ASX). read more>

Nasdaq OMX Europe, the pan-European MTF operated by global exchange group Nasdaq OMX, has no plans to change its BLNK routing strategy despite its parent’s withdrawal of FLASH, a similar strategy, in the US. read more>

Quote MTF, a pan-European multilateral trading facility (MTF), has taken a step closer to its 4 September launch by finalising its stock rollout schedule. read more>

BATS Europe, the pan-European multilateral trading facility (MTF) backed by Kansas-based exchange group BATS Global Markets, will introduce a new price promotion for UK stocks following the success of a similar initiative in Euronext stocks. read more>

European multilateral trading facility (MTF) Turquoise has appointed UBS, one of its nine investment bank founder members, to find a potential buyer for its business, a spokesperson for the company confirmed. read more>

The market shares of Nasdaq Stock Market and the New York Stock Exchange (NYSE), the US’s two largest equity trading platforms, have continued to fall over the past year, while alternative platform Direct Edge’s market share has risen sharply. read more>

Nasdaq OMX Europe, the pan-European multilateral trading facility (MTF) owned by exchange group Nasdaq OMX, will start routing to non-displayed liquidity venues, including its own NEURO Dark platform, from 10 August. read more>