Trading Venues Archive

US market operators are preparing for new rules that will reform trading of credit default swaps indices, including MarketAxess, which is seeking temporary exemption from swap execution facility registration due to the associated cost burden. read more>

US exchange operator Nasdaq OMX has entered into a joint venture with SharesPost, a private shares market, to create a new platform for non-listed, high-growth companies. read more>

Interdealer brokers Tradition and ICAP have added US dollar interest rate swaps to their derivatives trading venues as both firms gear up to register as swap execution facilities under the Dodd-Frank Act. read more>

Nasdaq OMX will join the other main US exchanges in offering a new segment on its market designed specifically for retail flow after receiving regulatory approval for its Retail Price Improvement plan. read more>

Interactive Data will offer hosted services to trueEX, a US designated contract market for interest rate swaps, through its 7ticks platform, as preparations for the impending OTC derivatives legislation accelerates. read more>

Commissioner Scott O'Malia said the US Commodity Futures Trading Commission's final rules governing swap execution facilities would be released by mid-February. read more>

Citi plans to offer a wider range of emerging market instruments on its new fixed income trading platform but will not extend the offering to corporate bonds due to fears of liquidity fragmentation. read more>

The Securities and Exchange Commission has prevented Nasdaq OMX from offering benchmark algorithmic strategies, citing competition concerns and the potential for market risk. read more>

The proportion of equities traded off-exchange grew throughout 2012 despite a three-year decline in trading volumes of US shares, new data has revealed. read more>

US alternative trading system AX Trading has launched a new tool letting sellers of large blocks of shares trade directly with the buy-side via an investment bank sponsor. read more>