MTFs & ECNs Archive

October 21, 2011

Burgundy completes Nordic interoperability offering

Burgundy completes Nordic interoperability offering

Burgundy, a multilateral trading facility for Danish, Finnish and Swedish equities, will offer members a choice of clearing houses from May 2012, bringing full interoperability to the largest markets offering trading in Nordic stocks. read more>

October 20, 2011

BATS/Chi-X merger moves a step closer

BATS Global Markets, the Kansas-based market operator, has received provisional approval from the UK’s Competition Commission, to complete its acquisition of pan-European multilateral trading facility Chi-X Europe. read more>

October 18, 2011

CEO backs consortia model as Chi-X Global unveils new stakeholders

Chi-X Global has confirmed that five firms have acquired minority stakes in the exchange operator and trading technology provider from agency broker Instinet, which remains its majority shareholder. read more>

October 17, 2011

Quote MTF cuts ties to Swift Trade’s Beck

Pan-European multilateral trading facility Quote MTF has severed all ties with Peter Beck, former CEO of defunct Canadian day trading firm Swift Trade. read more>

October 04, 2011

UBS MTF leads winners as Europe's dark volumes inch higher

The proportion of dark trading in Europe increased slightly in September despite continued high levels of volatility, according to the latest figures from Thomson Reuters Equity Market Share Reporter. read more>

September 22, 2011

LSE appoints Chi-X Europe's Jenkins as regulation head

The London Stock Exchange has announced the appointment of Denzil Jenkins in the newly-created position of head of compliance and regulation. read more>

September 19, 2011

Turquoise offers post-trade choice for equities

Turquoise offers post-trade choice for equities

Turquoise, the multilateral trading facility majority owned by the London Stock Exchange, has announced plans to offer clearing choice from November this year, following in the footsteps of rivals BATS Europe and Chi-X Europe. read more>

September 15, 2011

Chi-X pips LSE in August trading turnover

Chi-X pips LSE in August trading turnover

Chi-X Europe saw more liquidity than any other European venue in August. With a total turnover of €213.8 billion last month according to figures from trade body the Federation of European Securities Exchanges, it was the first time the multilateral trading facility had reached top billing. read more>

September 15, 2011

Kabu.com to close amid unfavourable market environment

Retail-focused Japanese proprietary trading system (PTS) Kabu.com has said it will cease operations from next month, citing a change in the trading environment sparked by the new trading platform launched by the Tokyo Stock Exchange last year. read more>

September 06, 2011

Chi-X Europe tempts traders with Spanish price rebate

Pan European multilateral trading facility Chi-X Europe has sweetened its new Spanish offering with a price promotion that increases pressure on the incumbent exchange to respond to competition. read more>