Trading & Execution

SunGard provides DMA for Brazilian derivatives

BM&F Bovespa, the multi-asset-class Brazilian exchange, has selected technology firm SunGard as its fourth provider of direct market access (DMA). read more »

ConvergEx OMS adds LiquidPoint options strategies

ConvergEx, an agency broker and trading technology provider, has integrated access to the latest options execution and routing technologies from its LiquidPoint derivatives broking subsidiary into its Eze OMS order management system. read more »

Morgan Stanley unveils new portfolio algo

Global bank Morgan Stanley has launched MS PORT, a new multi-asset-class portfolio execution algorithm, in the US and Europe. read more »

Liquidnet continues European growth

Drew Miyawaki, Liquidnet

Drew Miyawaki has been appointed head of Liquidnet’s European trading desk, as part of an expansion of the firm’s services to institutional investors. read more »

Left out in the cold

Can you afford to ignore a quarter of all trading in European blue chips? According to index providers in Europe, you can. read more »

Germany follows CESR’s lead on short disclosure

Germany’s financial regulator, BaFin, has introduced a new short position disclosure regime following recommendations from the Committee of European Securities Regulators (CESR). read more »

BarCap signs up to Nasdaq MTF sponsored access service

Pan-European multilateral trading facility Nasdaq OMX Europe (NEURO) has announced that investment bank Barclays Capital has been approved as a sponsoring participant on its platform. read more »

Tradebook’s new options algos allow users to track ‘greeks’

Agency broker Bloomberg Tradebook has launched a suite of US options algorithms, called PegTo, which allow users to trade based on their view of whether certain option price measurements – known as greeks – are cheap or expensive read more »

SEC’s new short-sale rule to curb liquidity – market makers

The lack of a market making exemption in the US Securities and Exchange Commission’s new short-selling restriction, adopted last week, could limit market makers’ ability to provide liquidity in declining stocks, according to US equities market makers. read more »

End in sight for European post-trade data impasse

Jarod Hillman, LSE

The London Stock Exchange is considering the possibility of joining NYSE Euronext in unbundling post-trade data, a move that would help to clear one of the key obstacles to a consolidated tape for Europe. read more »

Syndicate content