The majority of swap execution facilities (SEFs), including BGC Derivative Markets, Bloomberg, trueEX, GFI Group, ICE Swap Trade, MarketAxess, Tradeweb, Tradition Trad-X and Tullett Prebon, have now adopted the FIX Protocol. The FIX Trading Community has been working closely with
FirstPEX, Europe’s first, interactive auction platform to trade privately-owned shares and investments is being launched in the UK by Swiss-based technology firm LPO Ventures LPO Ventures expects trading volume to quickly increase from around EUR1-2 billion over the next 12
Interest rate swaps platform Trad-X has hit record trading volumes for US dollar interest rate swaps. In May, Trad-X executed 680 trades equating to a notional of USD37 billion. These electronically executed trades accounted for almost 24 per cent
Galaxy has received regulatory approval from the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel (ACP) to operate its Organised Multilateral Trading Facility for European bonds. The bond trading platform accepts only firm orders and aggregates them
CBOE Futures Exchange is to extend trading hours for CBOE Volatility Index (VIX Index) futures to nearly 24 hours a day, five days a week, starting 22 June. In March, CFE announced 22 June as its planned launch date.
MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing trading and hedging solutions, has announced the pricing of an underwritten public offering of USD325 million aggregate principal amount of 3.375% Convertible Senior Notes due 1 August, 2018. MF Global also
The Securities and Exchange Commission (SEC) has charged dark pool alternative trading system operator Liquidnet with improperly using subscribers’ confidential trading information in marketing its services. Regulations require an alternative trading system (ATS) to establish and enforce safeguards and procedures
Progress Software has joined forces with Statistical Research Laboratory, a company developing software for financial trading desks, to provide a trading technology solution for brokers and hedge funds. The SRL solution will be powered by the Progress Apama complex event
Nara Capital, an alternative advisory and consultancy service provider based in Geneva, will start to release its Ucits Alternative Index to the public. The series of indices aims to track the performance Ucits hedge funds and funds of funds.
EuroCCP and Turquoise have expanded their respective clearing and trading services into two additional markets, Hungary and the Czech Republic. The move makes Turquoise the first multilateral trading facility to offer trading and EuroCCP the first pan-European CCP to offer
