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Santander Plans Data 'Service Center'

Spanish banking group Santander is planning to create a global service center for IT and operations, covering market and reference data, to establish service benchmarks and define roadmaps for future data usage, officials say.

Turquoise Unveils Pricing, Test Schedule

European multilateral trading facility Turquoise last week unveiled preliminary fee levels that it plans to charge for its feed of quote and trade data, after a one-year fee waiver that will apply from when the trading venue goes live in August this year.

Pioneer Expands TheMarkets.com Rollout

Dublin-based asset manager Pioneer Investments plans to deploy TheMarkets.com's equity and fixed-income research platform for investment staff at offices in Eastern Europe, in an ongoing rollout of the vendor's platform as part of an internal research…

Australia Preps for New Liquidity Pools

SYDNEY-Australian markets can expect to see an explosion in liquidity sources as the Australian Securities Investment Commission (ASIC) is expected to grant a number of alternative trading systems operating licenses as soon as June.

Brokers Unfazed by Exchange Algos

LONDON-As exchange operators, such as NYSE Euronext, plan to develop and deploy their own trading algorithms, few sell-side firms consider the offerings to be a competitive threat, according to industry participants.

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