MTFs & ECNs Archive

US regulator the Securities and Exchange Commission has laid out the requirements for new markets that will trade over-the-counter derivatives, but has included key differences to similar proposals by the Commodities and Futures Trading Commission. read more>

Chi-X Japan, the proprietary trading system operated by Chi-X Global, has reported another rise in trading volumes in January 2011, after a solid start to the year for Japanese equities overall. read more>

Trading technology provider the Algo Group has gone live with network connectivity services for pan-European multilateral trading facility Quote MTF, ahead of the venue's launch under new liquidity arrangements on 4 April 2011. read more>

Chi-X Europe, the pan-European multilateral trading facility, was ranked as the second largest equity exchange by value traded in 2010, according to industry body the Federation of European Securities Exchanges, behind the London Stock Exchange Group and just ahead of exchange operator NYSE Euronext. read more>

The New Zealand Exchange has decided to cease operations of its alternative Australian trading venue AXE-ECN, leaving Chi-X Australia the only potential direct competitor to domestic bourse the Australian Securities Exchange. read more>

For the proposed merger of pan-European multilateral trading facilities BATS Europe and Chi-X Europe to offer long-term competition to incumbent exchanges, the combined entity must retain current levels of liquidity, implement stringent operational cost savings or diversify. read more>

Does the latest round of consolidation spell the end of the period of competition between European trading venues introduced by MiFID? read more>

Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has released new details relating to the launch of equity derivatives trading functionality in Q2 this year. read more>

Europe's larger multilateral trading facilities saw volume growth outstrip that of national exchanges during 2010, with BATS Europe and Chi-X Europe posting particularly strong gains. read more>

BATS Global Markets, the US-based trading venue operator, has entered into exclusive negotiations regarding the potential purchase of multilateral trading facility Chi-X Europe. read more>