Reliance Readies Euro MTF Access

The first multilateral trading facility that Reliance-which is already connected to the London Stock Exchange-will provide access to is Instinet's Chi-X platform, though the vendor is "talking with many of the European MTFs, and many are being added," says Reliance chief marketing officer Keao Caindec.

"Ultimately, we will have all European MTFs on our network, and we will be pretty aggressive [in rolling them out]... because it is definitely to our mutual benefit to get connected," Caindec s