News Archive

NYSE Euronext has appointed Todd Abrahall as vice president and specialist liaison, and Michael Rutigliano as vice president and broker liaison. read more>

Agency brokerage Bloomberg Tradebook’s electronic communications network (ECN) has started to use the FINRA/NSX trade reporting facility, run by US exchange National Stock Exchange (NSX), to report its over-the-counter transactions in all symbols. read more>

Domestic bond markets are booming across Asia ex-Japan, according to a study by research and consulting firm Greenwich Associates. read more>

A consortium of 13 banks and hedge funds has agreed to buy a minority stake in Chi-X Europe, the pan-European MTF owned by Instinet Europe. Instinet retains a majority stake in the MTF. read more>

Staff at the US Securities and Exchange Commission (SEC) are preparing a proposal to allow US brokers to access foreign stock exchanges directly, making it easier for US investors to trade internationally. read more>

Alternative asset management firm Malbec Partners has chosen Gissing Software’s technology as the core infrastructure for its alternative investment platform. read more>

FlexTrade Systems, a provider of multi-asset algorithmic execution management systems (EMS), has announced that its FlexTRADER EMS will be the first algorithmic trading platform to provide direct access to NYSE MatchPoint. read more>

The International Securities Exchange (ISE) has reported that in December 2007, the ISE Stock Exchange traded an average daily volume of 40 million shares, up from less than 10 million shares in the second quarter of last year ISE’s options exchange traded an average daily volume of 3.1 million contracts in the same period. read more>

Investment banks Deutsche Bank and JPMorgan have each taken a minority stake in BATS Trading, the operator of the BATS ECN, an alternative trading platform for US securities. read more>

Portware, a multi-asset trading systems provider, has launched Portware High Availability (HA), a real-time failover system. read more>