TOM router connects to BATS Chi-X Europe
The Order Machine has connected its smart order routing technology to pan-European equities exchange BATS Chi-X Europe.
The Order Machine has connected its smart order routing technology to pan-European equities exchange BATS Chi-X Europe.
Improved data and greater transparency on order handling from brokers would help the buy-side mitigate MiFID II’s dark trading limits, according to theTRADEnews.com’s May poll.
Agency broker Neonet Securities has teamed up with quantitative research specialist LiquidMetrix to develop a new suite of algorithms.
A pilot programme exploring the impact of rebates on broker order routing could improve buy-side execution, but participants must be wary of unintended consequences, such as sending more flow off-exchange.
Nasdaq OMX Nordic has expanded its smart order router (SOR), enabling it to offer trading in all shares across all five Nordic countries.
Comparing execution performance remains a major headache for institutional investors who use dark pools, according to theTRADEnews.com's May poll.
Citi has added a number of new features to its algorithmic and smart order routing (SOR) platform following collaboration with buy-side traders.
Institutional investors may gain easy access to a bonanza of equities execution data as the Americas buy-side execution working group of standards body FIX Protocol Limited examined whether to adapt its messaging protocol and execution venue reporting guidelines to support data on where orders were routed, but not filled.
The trading technology division of Finland-based Pohjola Asset Management has bolstered operations, adding two former electronic trading executives to its team.
Equity market participants believe planned new rules restricting high-frequency trading are the biggest threat to liquidity across European markets, according to the latest poll results from theTRADEnews.com showing traders' continued concern of impending regulation.