MTFs & ECNs Archive

BATS Europe, the pan-European multilateral trading facility owned by BATS Global Markets, has launched its interoperability service, which it claims will deliver long-term cost savings for its members. read more>

Buy- and sell-side market participants should look beyond Europe's established multilateral trading facilities in search of best execution, according to analysis by trading technology provider Fidessa. read more>

CA Cheuvreux, the European agency broker owned by French banking group Credit Agricole, has filed with UK regulator the Financial Services Authority to convert its BLINK crossing network into a multilateral trading facility. read more>

Goldman Sachs, Morgan Stanley and UBS have ended a reciprocal arrangement to share flow between their European crossing networks from today. read more>

Chi-X Japan, the subsidiary of alternative trading venue operator Chi-X Global, has seen turnover jump by 31.4% from May to June 2011, reaching ¥515 billion (US$6.34 billion), a new record for the firm. read more>

Dark multilateral trading facility UBS MTF, owned by Swiss bank UBS, is to accept orders in Italian instruments from 22 June 2011. read more>

Alternative trading system Chi-X Canada ATS, a wholly-owned subsidiary of trading venue operator Chi-X Global, reports that it has accounted for 4% of total market volume for securities listed on SME-focused primary exchange TSX Venture, owned by Canadian exchange group TMX. read more>

Plataforma Alternativa de Valores Españoles, a multilateral trading facility for Spanish stocks, will source its technology platform from Swedish vendor Cinnober, after the termination of a prior deal with Equiduct, a market operator majority owned by electronic market maker Citadel Securities. read more>

In May 2011 the London Stock Exchange Group saw cash equity trading jump year-on-year on its multilateral trading facility Turquoise, although equity volumes across the rest of the group fell in comparison with the high levels experienced in May 2010. read more>

Quote MTF, the pan-European multilateral trading facility, has reported that its average daily trading volume has reached €130 million, with a large portion of this flow coming from Swiss blue-chip stocks. read more>