Sales:
Marc Carolissen
+44 (0) 20 7397 3807
Françoise César
+44 (0) 20 7397 3821
Editorial:
+44 (0) 20 7397 3820
Although The TRADE has made every effort to ensure the accuracy of the stories on this website, neither it not any contributor can accept any legal responsibility whatsoever for consequences that may arise from errors or omissions or any opinions or advice given. This website is not a substitute for professional advice on a specific transaction.
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>
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>
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>
A row between some of Europe’s biggest exchanges and brokers over how brokers offering internal crossing services are classified under MiFID has been reignited. read more>
Baikal, the London Stock Exchange (LSE)’s pan-European dark pool and liquidity aggregation platform, has started using UnaVista, the LSE’s generic hosted matching, reconciliation and data integration service. read more>
There was a flurry of progress in the central clearing of credit default swaps (CDS) at the end of last week, as two firms announced launch dates for their European CDS solutions and one company revealed plans to launch a buy-side-tailored CDS clearing service. read more>
Orange Business Services – Trading Solutions, a provider of electronic and voice trading infrastructure and services, has promoted Nick Brooks to the position of UK networks director to drive the adoption of its new trading network. read more>
London-based agency brokerage Execution has formed a new agency credit division, which will be led by a former Merrill Lynch fixed-income trader. read more>
The London Stock Exchange and pan-European multilateral trading facilities (MTFs) Chi-X Europe, Nasdaq OMX Europe, BATS Europe and Turquoise have agreed on a list of 12 FTSE 100 stocks that will trade with finer tick sizes on their respective platforms. read more>
Global exchange group NYSE Euronext plans to move its primary European data centre, which hosts its matching engine, from France to London, UK in a bid to lure more high-frequency business to its European exchanges. read more>