Oslo Børs' Millennium 8 Rollout Adds Auction, Iceberg Features to Boost Liquidity, Protect Trading Strategies

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Clients will be able to test the release starting from the second week of March.

Product manager Line Mauseth says the latest release of Millennium Exchange ─ which Oslo Børs has licensed from the London Stock Exchange's trading technology subsidiary, MillenniumIT since 2011 ─ will introduce a five-minute intraday auction for less liquid instruments at scheduled times through the trading day, to give investors more opportunities to trade these types of shares, by "concentrating" liquidity in certain stocks at specific times, increasing the likelihood of those trades being

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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