FIM Bank Taps Neonet XG Platform for Nordic Market Access

Finnish bank FIM Bank Ltd. has selected Neonet’s Neonet XG trading platform for access to the rapidly fragmenting Nordic markets. The Nordic marketplace has seen increased interest as liquidity begins to fragment between its multiple primary markets and multilateral trading facilities offered by Nasdaq OMX Europe’s Neuro and Burgundy, and broader alternative markets like Chi-X Europe.

(more…)

08 Dec 2009
 
Citi Offers Electronic Executions, Algorithms for Options

The expansion of equity markets electronic trading techniques to the listed derivatives markets is hitting its stride, with Citi this month announcing that it plans to offer buy-side clients access to its options trading platform. The move follows expansion this year into facilitation of client electronic trading of listed derivatives by several big investment banks.

(more…)

20 Nov 2009
 
CA Cheuvreux Brings Dark Pool Connections to 20 with 5 New Additions

French brokerage Credit Agricole Cheuvreux has added five new European dark pools to the population of execution venues available to its clients, bringing the total number of dark pools supported by its routing systems. The firm plans to make access available by the end of the month to its direct market access (DMA) clients via its CrossFire dark liquidity seeking algorithm.

(more…)

18 Nov 2009
 
Nasdaq OMX, Bats Bow Out of ‘Flash’ Melodrama: All Eyes Turn to DirectEdge

All eyes now turn to DirectEdge as its two competitors in the hotly debated ‘flash’ orders voluntarily bowed out of the practice under widespread media and public pressure.

(more…)

07 Aug 2009
 
LSE’s Baikal Gets FSA Green Light; SOR to Kick Off This Week

As expected, the London Stock Exchange’s Baikal pan-European dark pool and liquidity aggregation service has received regulatory approval from the U.K. Financial Services Authority, and will begin phased rollout this week. Phase 1 of the rollout plan involves the launch of Baikal’s smart order routing capability this week, followed by the non-displayed order book and liquidity aggregation features later in the year.

(more…)

29 Jun 2009
 
Quod Pioneers SOR for the Buy Side with V2.0 of Platform

London- and Paris -based execution management system supplier Quod Financial is in pilot phase with a buy-side smart order routing system aimed at helping buy-side firms seek out liquidity on brokers’ internal crossing systems, as well as qualifying independent dark liquidity venues. The company is working on finalizing its business model for the offering, which it plans to offer on a software as a service (SaaS)-type model.

(more…)

17 Jun 2009
 
Marketcetera Releases Version 1.5; Points to Interest in Platform, Open Source

Some four months after its Version 1.0 product release, Marketcetera has updated its open source automated trading platform to improve P/L reporting, add functionality to address increasingly fragmented liquidity, enhance multi-user controls and provide support for co-location, while offering statistics that point to significant interest not only in the platform itself, but also to the adoption of open source technologies in general in the financial markets.

(more…)

19 May 2009
 

 
 

Monthly A-Team Insight Review. Subscribers only.
Our quarterly in depth magazine.
Download Free!
 
Podcast: The Data Management Lowdown from TSAM 2010
10 Mar 2010
Video: A-Team Interviews John Jessop About his Book
16 Feb 2010
A-Team Insight Podcast - February 2010
15 Feb 2010
 
Special Report: Connecting to Today's Fast Markets
19 Feb 2010
Trading Beyond the Horizon: Fragmentation Drives Multi-Market Execution
28 Jan 2010
New Cinnober White Paper: Lowering Door-to-Door Latency to 25 Microseconds within 18 months
18 Nov 2009
Electronic Trading Special Report: Machine Readable News and Algorithmic Trading
26 Oct 2009
New Approaches to Modern Trading Room Design
22 Oct 2009
 
A-Team Insight Exchange

A-Team Insight Exchange is a new event series for 2010, which will combine A-Team’s expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners.

Click here for more information

 
 

How important is pre-trade risk management in building execution systems for high frequency trading users?

View Results

Loading ... Loading ...
 
Click here for A-Team's directory