Tag: MTFs & ECNs

Volume on swap execution facilities may be depressed, but the market is optimistically looking towards the next 18 months.

US trading volumes increased in April to their highest level since October 2011, according to figures from Thomson Reuters Equity Market Share Reporter.

European trading volumes fell back in April but have remained relatively stable since the beginning of 2014, with total turnover of €816.4 billion.

Innovation among aspirant trading venues is focusing on size rather than speed as new alternative trading systems compete to deliver blocks to the buy-side, a new report claims.

Interest rate swaps platform Trad-X’s Euro short end product has matched orders nearing €35 billion.

Turquoise, the pan-European multilateral trading facility majority owned by the London Stock Exchange Group, recorded its second largest day of trading yesterday, topping €5 billion across its dark and lit books.

US alternative trading system IEX last week set new daily and weekly volume records, but a senior executive has downplayed the impact of publicity for Michael Lewis’ new book on high-frequency trading.

Dutch trading venue The Order Machine has added exchange-traded funds to the list of products traded on the platform, alongside equities and options.

Turquoise is looking at introducing a new dark block trading service in preparation for incoming MiFID II rules.

European trading activity climbed in March, signalling the strong recovery seen at the beginning of the year is set to continue.