Tag: MTFs & ECNs

BATS Chi-X Europe saw its highest market share so far this year in July, accounting for 18.03% of total European volume according to figures from Thomson Reuters Equity Market Share Reporter.

The departure of Turquoise CEO Natan Tiefenbrun is unconnected to declining derivatives volumes and the business' reshuffle, a source has confirmed.

An alternative trading platform based on social media principles has put its planned launch on indefinite hold, citing uncertainty over new regulation in Europe and the US.

The London Stock Exchange (LSE) will transfer ownership of the Turquoise Derivatives marketplace from the holding company it part-owns to reduce costs associated with European post-trade rules.

New derivatives venue NLX will leverage strong initial performance in highly liquid instruments seen in its first month of operations to build volumes and attract new participants, according to its chief.

Alternative trading venue Chi-X Australia today traded in excess of AU$1 billion for the first time, as it maintains a consistent share of local equities trading.

New pan-European trading platform Aquis Exchange has teamed up with FIX certification firm FixSpec to let potential customers test FIX messaging as the venue eyes an October launch.

The first week of limited trading on alternative venue operator Chi-X Canada's second venue attracted liquidity in the ten stocks traded, while new electronic trading rules will have minimal impact on the market, according to Chi-X Canada CEO Dan Kessous.

An injection of fresh capital into retail-focused European trading platform Equiduct shows the value of alternative venues, its interim CEO has declared.

Tokyo-based Japannext will next month launch a platform that allows orders to be crossed before the primary exchange market opens and settled at the volume-weighted average price after it closes.