Exchange Technologies
Quote MTF Joins 'Crowded' Space in Europe
BUDAPEST-At press time on Friday, Sept. 4, the European equities market became slightly more fragmented as pan-European multilateral trading facility (MTF) Quote MTF commenced trading in 10 French stocks.
Deutsche Börse Selects WebSphere for Trading Platform
New York-International exchange operator Deutsche Börse Group will incorporate version 2.2 of IBM's WebSphere MQ Low Latency as the messaging architecture for a new common trading system that it plans to roll out to all of its exchanges in the coming…
TMX Plans 10 Gbps Upgrade to Network
TORONTO-As part of a multi-phase project to upgrade infrastructure across its enterprise, Canadian exchange operator TMX Group plans to upgrade its internal 1 Gbps Ethernet network to 10 Gbps Ethernet networks, TMX officials tell DWT .
Network Problems Halt Order Entry on NYSE, NYSE Amex
NEW YORK-Traders looking to execute orders on the New York Stock Exchange (NYSE) and NYSE Amex markets ran into some difficulties as an undisclosed networking issue took four of the exchange's matching engines offline minutes into the market's opening on…
Nasdaq OMX Nordic Markets to Begin Inet Migration
NEW YORK-Exchange operator and technology provider Nasdaq OMX is looking to improve efficiencies throughout its global businesses, according to exchange officials.
Quote MTF Members to Start Testing
BUDAPEST-Hungarian multilateral trading facility (MTF) Quote MTF will be available for participant testing by the end of this week, giving users the ability to see how the technology will operate once the new venue goes live on Sept. 4, officials tell…
Chi-X Launches Liquidity Consolidation Service
LONDON-Multilateral trading facility (MTF) operator Chi-X Europe officials announced today, Aug. 3, the launch of the MTF's smart liquidity consolidation service, dubbed Venue Interfaced Smart Interactive Order Network (Chi-Vision).
Bats Europe Preps for Friday Dark Pool Launch
LONDON-European traders have yet another destination for non-displayed liquidity as multilateral trading facility (MTF) Bats Europe plans to take its dark pool of liquidity live this Friday, Aug. 5.
Exchanges Eye Yearend Integration Payoffs
TORONTO & NEW YORK-TMX Group, owner and operator of the Toronto Stock Exchange (TSX) and the Montréal Exchange (MX), will complete the majority of the integration between the two exchanges at the end of the year, say officials, who spoke during a recent…
NYSE Liffe Set for UTP Testing in Early 2010
LONDON-Firms trading on international futures exchange NYSE Liffe, operated by NYSE Euronext, should plan on testing connectivity to the exchange's Universal Trading Platform (UTP) in the first quarter of next year, according to exchange officials.
Bids Trader Update Sports Consolidated Interface
NEW YORK-Operators of alternative trading system (ATS) Bids Trading are in the process of rolling out version 6 of the firm's front end, dubbed Bids Trader.
BOX to Add Block Trading in 2010
BOSTON—Operators of the Boston Options Exchange (BOX) expect to roll out a block trading platform early next year, pending regulatory approval, DWT has learned.
Pipeline Rolls Out European Business
LONDON-Officials at crossing network provider and agency brokerage Pipeline Financial Group, the European business of U.S.-headquartered Pipeline Trading Systems, are in the process of gradually introducing platform functionalities as well as onboarding…
BOX Relocates New Jersey Datacenter
BOSTON-The Boston Options Exchange (BOX) has signed a four-year contract to host its primary matching engine and data distribution technologies in a Secaucus, N.J.-based datacenter operated by Equinix, according to exchange officials.
Bats Exchange Looks to Trade Options From 2010
KANSAS CITY, MO.-After several months of research and planning, operators of the Bats Exchange plan to file rule changes around the end of August with the U.S. Securities and Exchange Commission (SEC) to commence options trading in 2010.
New Display Book Cuts NYSE Equities Latency
NEW YORK-Traders on NYSE Euronext's NYSE Equities platform can now get their trade executed and reported within 5 milliseconds, claim exchange officials.
Nasdaq OMX Sets 144A Alliance Launch
NEW YORK-Global exchange operator Nasdaq OMX and a consortium of nine major global investment banks are preparing to announce the official formation of a business alliance to trade 144A securities on Nasdaq OMX's Web-based Portal platform.
Aite Group: Asia Poised for ATS Boom
BOSTON-Although regulatory hurdles and cultural issues hinder alternative trading systems (ATSes) from flourishing in the Asia-Pacific region, the proliferation of the venues is inevitable, according to a recent report published by industry analyst firm…
Nasdaq OMX Adds Functionalities to Genium
STOCKHOLM-Exchange operator and technology provider Nasdaq OMX is finalizing the addition of core functionalities to its Genium next-generation trading platform, which will power derivatives and fixed-income trading on the exchange operator's Nasdaq OMX…
LSE's Baikal Launch Imminent
LONDON-After having recently received the first phase of multilateral trading facility (MTF) Baikal's technology from order management system (OMS) and market connectivity provider Fidessa, London Stock Exchange (LSE) officials are now in the final…
RTS Adds Brazilian Connectivity
CHICAGO-Traders looking to execute on Brazilian futures exchange BM&FBovespa can now access the market via products provided by trading technologies and exchange gateway vendor RTS Realtime Systems Group.
Turquoise Suffers Trading Glitch
LONDON-Multilateral trading facility (MTF) Turquoise suspended trading activity last Wednesday, June 10, following technical issues related to a complex dark order matching scenario, according to officials.
SIX Swiss Exchange to Enhance DMA Interface
ZURICH-Operators of the SIX Swiss Exchange plan to release during the second half of the year an update to the bourse's proprietary capacity trading interface (CTI), which will target direct market access (DMA) and algorithmic traders.
CA Cheuvreux's Blink to Go Dark
NEW YORK-Clients of CA Cheuvreux will have access to a new pool of European dark liquidity to trade in as the agency brokerage arm of Crédit Agricole is in the process of adding dark capabilities to its internal crossing network, dubbed Blink, say bank…