MTFs & ECNs Archive

August 04, 2009

Nasdaq MTF sets dark routing date, unveils order types

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>

August 04, 2009

Burgundy reports strong Swedish trading in July

Nordic multilateral trading facility (MTF) Burgundy’s market share of trading in Swedish stocks hit a one-day peak of 12.1% in July, the platform’s second month of full operation. read more>

August 03, 2009

Chi-X launches external liquidity provider programme

Pan-European multilateral trading facility Chi-X Europe has launched Chi-Vision, a new routing service aimed at improving the chances of execution by sending orders to external liquidity providers (ELPs) read more>

July 31, 2009

Nasdaq MTF hikes dark fee, cuts LSE routing charge

Nasdaq OMX Europe, the pan-European multilateral trading facility (MTF) owned by exchange group Nasdaq OMX, will increase the fee for trading on its NEURO Dark non-displayed order book to 0.2 basis points from 0.1 bps from 1 September. read more>

July 22, 2009

Burgundy targets high-speed, non-Nordic traders with hosting

Interxion, a European data centre operator, has agreed to provide members of specialist Nordic multilateral trading facility (MTF) Burgundy with proximity hosting services and enable low-latency access to the platform from outside the Nordic region. read more>

July 21, 2009

Citadel investment a shot in the arm for Equiduct

Citadel Securities, the market-making and trade execution division of Citadel Investment Group, has taken a majority stake in alternative trading venue Equiduct, just four months after the platform launched in late March. read more>

July 20, 2009

Chi-X offers nanosecond-precise trade measurement

TS-Associates (TS-A), a financial technology firm, will provide its TradeSync trading engine synchronisation and latency monitoring service to members of multilateral trading facility Chi-X Europe on a monthly subscription basis. read more>

July 15, 2009

Turquoise targeting 6-7% market share by year-end

Turquoise, a pan-European multilateral trading facility (MTF) backed by nine investment banks, is aiming for a 6-7% market share of pan-European trading by the end of this year, having shown further signs last week of recovering from the loss of its market-making agreements in March. read more>

July 08, 2009

BATS unveils plans for US options exchange

BATS Global Markets, the operator of US equities exchange BATS, has announced plans to launch a US equity options exchange, and is targeting live trading on the platform in early 2010. read more>

July 06, 2009

Nasdaq MTF to launch dark routing, employ EBBO

Nasdaq OMX Europe, a multilateral trading facility (MTF) for European equities, has announced enhancements to its order routing functionality and dark pool. read more>