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Plus Markets Enhances OMX Platform Ahead of Expansion

At 29 May 2008 09:03:58 in MM-News in Brief, MiFIDMonitor.com    Print Article  Email Article   Full content requires subscription 

Plus Markets has embarked on a series of enhancements to its new OMX Technology trading platform in a push to generate additional trading volumes, liquidity and potentially expand the service to non-equity securities. Changes to the platform – which, says the company, has already helped drive significant volume increases on the ‘market-maker’ model across both FTSE 100 stocks and mid/small caps since it was launched – are expected to be implemented before the end of 2008. They include a number of minor enhancements, which should help in efforts to capture market share, and will be undertaken by OMX technology specialists in conjunction with an internal Plus team.

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