MTFs & ECNs Archive

US equities trading platform Direct Edge has introduced a new order type called Hide Not Slide, which allows traders to hide orders that were originally submitted as display-eligible and adjust their price while keeping their place in the order book queue. read more>

Chi-X Europe, a pan-European alternative trading venue, launched Chi-Delta, its non-displayed order book, on 25 May, offering free execution for those posting liquidity as part of a promotion. read more>

Global technology vendor Sungard has connected its Front Arena cross-asset order management system (OMS) to Burgundy, a multilateral trading facility for Nordic stocks. read more>

Equiduct, a pan-European equity trading platform, has updated its Orange Liquidity Fragmentation Analytics (OrangeLFA) tool to include the execution fees of the trading venues it analyses. read more>

Burgundy, a multilateral trading facility for Nordic stocks, will continue its rollout on Friday with the addition of five Norwegian stocks to its platform. read more>

Pan-European multilateral trading facilities (MTFs) BATS Europe and Nasdaq OMX Europe have both expanded their connectivity. read more>

Exchange group NYSE Euronext will face more competitive pressure in Europe from next month when BATS Europe, the European trading platform backed by US exchange BATS, introduces ‘inverted’ pricing for stock in three Euronext indices. read more>

Société Générale Securities Services (SGSS) is broadening its clearing offering to act as a general clearing member on three new multilateral trading facilities (MTFs). read more>

Quote MTF, a Hungarian-based pan-European trading venue, is confident of securing liquidity from smart order routers (SORs) from launch because of its pricing model, which it claims will be the cheapest in Europe. read more>

Pan-European equity trading venue Turquoise has set a date for the migration of its stocks to the common symbology framework for multilateral trading facilities. read more>