ESMA warned not to use tick sizes to control market
European regulators have been urged to avoid making decisions on minimum tick sizes based on a desire to control certain types of market activity such as high-frequency trading.
European regulators have been urged to avoid making decisions on minimum tick sizes based on a desire to control certain types of market activity such as high-frequency trading.
Thomson Reuters has proposed an update to its matching rule book, setting higher industry standards in FX trading.
Dark pool reporting for US venues regulated as alternative trading systems will begin the week starting 12 May the Financial Industry Regulatory Authority, the body running the program, has confirmed to theTRADEnews.com.
Olof Neiglick has left Nordic-based multilateral trading facility Burgundy for Swedish bank SEB.
Aquis Exchange is planning to focus on building market share in key stocks within the markets it already serves as part of the market’s second quarter growth strategy.
European equity trading volume dipped slightly in February after booming in January but remain well ahead of last year, according to figures from Thomson Reuters Equity Market Share Reporter.
Euroclear Bank is to be the sole settlement provider for US-listed equity trades on pan-European multilateral trading facility Turquoise.
EuroCCP is pushing for equity exchanges to become wholly interoperable in 2014 to stimulate greater competition in the clearing market.
Pan-European multilateral trading facility Turquoise is now positioned to trade European rights issued for any of its 2800+ listed stocks in both dark and lit order books.
European equity market volumes grew by 50% between January and December, the best start to the year seen since prior to the financial crisis in 2008.