Independent broker and financial technology provider ITG’s PowerMatch functionality, which provides POSIT Alert’s highest-performing users with notification of larger trading opportunities, is delivering average block sizes of 66,000 shares in the US and 85,000 shares in Canada. This is about
The regulatory challenges and cost pressures facing buy-side firms are putting further demands on the sell-side to prove their relationship value, according to a study by TABB Group. According to conversations with 100 US head traders for the final instalment
Wave 3 represents a tipping point which will enable the market to evaluate whether the T2S project justifies the investment companies have made in the platform, according to Tom Casteleyn, head of product management for custody, cash and FX at
From 4 October 2016, trading participants on the EEX Derivatives Market will be able to hedge against volume risks in the generation of wind power within the German/Austrian market area using EEX’s new Wind Power Futures product. The Wind Power Future
Exchanges are recognising the changing futures commission merchant (FCM) landscape and are willing to look to new and innovative ways to serve their client base, according to a report by TABB Group. The CME Group is the latest to propose
Interest rate swap trading platform trueEX has built a solution to provide execution for Brazilian Real (BRL) interest rate swaps cleared at CME Group. The launch follows CME Group's Q4 2015 launch of BRL interest rate swaps clearing, which has
Chicago Board Options Exchange is collaborating with LiquidityBook to expand connectivity to its CBOE PULSe trader workstation, an execution management system that allows traders to simultaneously and electronically access the markets via Direct Market Access (DMA), advanced routing and high-touch
Deutsche Börse Market Data + Services is strengthening its partnership with BSE India (formerly known as Bombay Stock Exchange) by licensing three new BSE market data products. The new “ultra” products deliver the full chain of pre-trade information and complete
The Shanghai Stock Exchange (SSE), Deutsche Börse Group and China Financial Futures Exchange (CFFEX) have officially founded a joint venture, the China Europe International Exchange. This new marketplace for the trading of RMB-denominated offshore products starting with cash market products
The business of trading interest-rate swaps is moving to electronic platforms at breakneck speed, largely driven by the implementation of Dodd-Frank. Sixty per cent of notional client swap trading volume in the US this year is being executed electronically –
