The European Commission is in ‘near daily’ discussions with US regulators as it tries to solve the cross-border issues surrounding the mutual recognition of central counterparties on both sides of the Atlantic.
Research consultancy Tabb Group has launched a new analytics service looking at US equities market trading and routing.
A new wave of fixed income trading platforms are set to launch in the coming months and, while they are each taking a different approach, all are targeting the buy-side as the key to unlocking liquidity.
Trading technology provider REDI has appointed tech veteran Michael Lax as head of EMEA sales.
The new chairman of the US futures market regulator has affirmed his commitment to resolving cross-border issues with Europe in his first official hearing.
It has been a dicey few years for initial public offerings in the US cash equities markets, but the first day of trading for Alibaba Group on the New York Stock Exchange, presumed to be on 19 September, will demonstrate how far the overall market has improved itself since Facebook’s May 2012 IPO fiasco on Nasdaq OMX.
KCG Holdings has agreed to sell its futures execution and clearing business to Wedbush Securities in order to focus on other areas of its business.
Intercontinental Exchange has acquired data, analytics and valuation service provider SuperDerivatives in a US$350 million cash deal.
Nasdaq OMX is to add streaming analytics to its TradeGuard risk management suite as part of a deal with data specialist Corvil.
The buy-side’s demand for fixed-income research, and its willingness to pay for it, has increased dramatically over the past two years, notes a recently published research report from industry analysis firm Greenwich Associates.