Exchange Technologies
Euronext Looking Inward, Upward
European exchange favors incremental technology re-optimization over headline-grabbing acquisition.
BOX Sets For May Switchover
NEW YORK-Operators of the Boston Options Exchange (BOX), expect to take the exchange's new operations platform-consisting of its matching engine that is housed in the Equinix NY4 International Business Exchange (IBX) datacenter located in Secaucus, N.J…
Turquoise Set to Finish MillenniumIT Migration Before LSE
LONDON-Multilateral trading facility (MTF) Turquoise, owned by London Stock Exchange (LSE) operator LSE Group, is aiming to complete migration to LSE-owned MillenniumIT technology by mid-September, Turquoise officials tell DWT .
Bursa Malaysia Preps For Globex Switchover
KUALA LUMPUR-Exchange operator Bursa Malaysia is in the midst of moving its derivatives market onto the Globex electronic trading platform from CME Group, operator of the Chicago Mercantile Exchange (CME), according to exchange officials.
Nasdaq OMX Eyes Pre-packaged Datacenters
BARCELONA-Exchanges in the near future will need to stop thinking about datacenters as expensive facilities and think of them as economical pre-fabricated datacenter pods, according to a Nasdaq OMX official.
Chi-Tech Betas WebSphere LLM
HONG KONG-Chi-X Global Technology (Chi-Tech), the technology service arm of Chi‑X Global, is in the midst of testing the low-latency middleware from IBM for three planned Asian markets-Chi-X Australia, Chi-X Japan and Chi-East-to be launched later this…
Vienna Delays Eurex Platform Move
barcelona-Operators of the Vienna Stock Exchange have moved the launch of the exchange's new derivatives trading system to April 26 due to a third-party migration issue, officials tell DWT .
Chi-X Plans for a Big Summer in Asia
TOKYO-Alternative trading system (ATS) operator Chi-X Global expects to launch its Chi-X Japan and Chi-East non-displayed trading platforms this summer, officials tell DWT .
BOX Eyes April Datacenter Switchover
NEW YORK-The Boston Options Exchange (BOX) plans to go into production from its new Secaucus, N.J., datacenter facility on April 26, exchange officials tell DWT .
UBS to Join Dark MTF Club
LONDON-UBS Investment Bank recently announced plans to launch Europe's latest non-displayed multilateral trading facility (MTF), pending regulatory approval by the U.K.'s Financial Services Authority (FSA), according to bank officials.
Pink OTC to Launch Third Market
NEW YORK-Over-the-counter (OTC) securities market operator Pink OTC Markets is planning an April launch for a new market that trades companies registered with the U.S. Securities and Exchange Commission (SEC), DWT has learned.
Bats Set to Enhance Sponsored Access
KANSAS CITY, MO.-Bats Global Markets is working on improvements to its sponsored access tools for its U.S.-based Bats Exchange, as well as its European multilateral trading facility (MTF) Bats Europe, according to Bats officials.
Alpha ATS Set for Engine Update
TORONTO-Operators of Canadian alternative trading system (ATS) Alpha ATS plan to roll out the latest version of the TradExpress matching engine from exchange technology provider Cinnober sometime in the second half of the year, Alpha officials tell DWT .
Liquidnet Canada Deploys Triton Link
TORONTO-Canadian alternative trading system (ATS) Liquidnet Canada has gone live with a link to agency broker ITG's Triton execution management system (EMS), giving Canadian traders yet another entry point to block liquidity, DWT has learned.
Australian Securities Exchange to Adopt Genium Inet
SYDNEY-Operators of the Australian Securities Exchange (ASX) plan to retire the exchange's legacy Click XT trading platform from Nasdaq OMX and replace it with the Genium Inet trading platform, also from Nasdaq OMX, for its equities and derivatives…
Bond MTF Vega-Chi Set to Go Live
LONDON-European convertible bond traders will have a new source of liquidity as the Vega-Chi multilateral trading facility (MTF) commences trading on Feb. 17, according to MTF officials.
Pragma Establishes Crossing ATS
NEW YORK-Quantitative trading services provider Pragma Securities recently launched Onecross, a multi-benchmark alternative trading system (ATS) and dark crossing network that allows traders to pair off on market-on-open and market-on-close orders,…
Nordic, Baltic Exchanges Make Switch to Inet
STOCKHOLM-Global exchange operator Nasdaq OMX has started running the Nordic and Baltic markets on its Inet matching engine beginning today, Feb. 8, in order to lower cost "substantially" and to woo more high-frequency traders to the Nordic region,…
LSE Sets Roadmap for Millennium Exchange
LONDON-LSE Group, operator of the London Stock Exchange (LSE), has prepared the migration roadmap for its new Millennium Exchange platform, which is slated to go live Sept. 13, according to a document obtained by DWT .
Bats Prepares for Post-OSI Options Launch
KANSAS CITY, MO.-Following last's week's approval by the U.S. Securities and Exchange Commission (SEC), operators of the Bats Exchange plan to roll out options trading in 18 underlying securities beginning Feb. 26.
Pipeline Integrates Block Options
NEW YORK-Block-crossing network provider Pipeline Trading Systems has completed the integration of options trading support with its recently launched Blind Bid Options Cross (BBOX) platform, say officials.