Exchange Technologies
TSEC Consults NYSE for Platform Update
TAIPEI-The Taiwan Stock Exchange (TSEC) has entered into an IT assessment cooperation with NYSE Euronext. The design consultation involves a comparison of TSEC's current trading platform and that of the New York Stock Exchange (NYSE), according to TSEC…
Tocom Readies Co-Location
TOKYO-Staring in May 2009, commodity traders on the Tokyo Commodity Exchange (Tocom) will have the option to co-locate their servers in the exchange's datacenters, say officials
Chi-X Debuts Sponsored Access
LONDON-Clients of Chi-X Europe's trading participants are now able to connect directly to the multilateral trading facility's (MTF's) core matching engine, according to MTF officials.
MTFs Continue to Bank on EMCF
LONDON-Despite the forced acquisition of Fortis Bank Nederland by Dutch authorities, multilateral trading facilities (MTFs) relying on the European Multilateral Clearing Facility (EMCF), which is run by the bank, will continue regular operations,…
Wiener Börse Gears Up for Engine Revamp
VIENNA-Officials from the Wiener Börse expect to take version 9.1 of the Xetra trading platform into production Nov. 24, according to a bourse spokesperson.
Burgundy Jumps On TradExpress
STOCKHOLM-The consortium behind Nordic multilateral trading facility (MTF) Burgundy has selected the TradExpress trading engine from Swedish exchange technology vendor Cinnober, according to MTF officials.
Sibos: MTFs Making Material Progress
VIENNA-European multi-lateral trading facilities (MTFs) are making good progress in challenging the traditional market structure for equity trading in Europe, according to representatives of MTFs Chi-X and Turquoise, as well as NYSE Euronext, Morgan…
HKMEx Trades Platforms
HONG KONG-After announcing its intention earlier this year to deploy a trading platform from exchange operator and technology provider Nasdaq OMX, the Hong Kong Mercantile Exchange (HKMEx) confirms rumor that it has terminated its collaboration with the…
Nasdaq OMX Europe Preps for Friday Launch
LONDON-Starting this Friday, Sept. 26, traders on the European markets will be able to access the latest multilateral trading facility (MTF) as Nasdaq OMX readies for the scheduled launch of its Nasdaq OMX Europe MTF.
Sicom Set for Electronic Conversion
SINGAPORE-Within a week's time, the operators of the Singapore Commodities Exchange (Sicom) expect to take trading fully electronic on the exchange's new trading platform, dubbed e-Sicom.
Tokyo Market Gears Up for Platform Change
TOKYO-The Tokyo Financial Exchange (TFX) and Osaka Securities Exchange (OSE) are in the process of replacing their respective trading platforms.
LSE Trading Halt Reveals Dependencies
LONDON-The European market got an unexpected wake-up call last week when, due to a confluence of events that affected connection stability between London Stock Exchange (LSE) members and the exchange's gateway, traders were unable to complete orders in…
Deutsche Börse Targets Algo Trading
FRANKFURT-Deutsche Börse expects to attract more cash market algorithm-based trading to its Xetra platform with a series of technology improvements set to be implemented in the rest of this year and in 2009, according to officials.
Nasdaq OMX Europe Teams with Citi
LONDON-Pan-European multilateral trading facility (MTF) Nasdaq OMX Europe, scheduled to go live Sept. 26, has partnered with Citi to provide broker routing services.
Amman Exchange to Debut New System
AMMAN-The Amman Stock Exchange (ASE) is in the final testing phase of its new electronic trading platform, the Nouveau Système de Cotation (NSC) V900 from NYSE Euronext.
SmartPool Set for September Launch
LONDON-NYSE Euronext, along with BNP Paribas and HSBC, plans to debut SmartPool, a pan-European electronic block trading platform, at the end of September, say officials.
Philadelphia Exchange to Adopt Inet
NEW YORK-As the next step in the integration of the Philadelphia Stock Exchange (PHLX) into its IT infrastructure, exchange operator Nasdaq OMX is in the process of moving the options business onto its Inet platform, according to exchange officials.
Burgundy to Name Tech Providers
STOCKHOLM-The consortium behind Nordic multilateral trading facility (MTF) Burgundy is in final negotiations with two technology providers and should announce its choice in the next month, officials tell DWT .
SWX Swiss Block Launches Smoothly
LONDON-SWX Europe's SWX Swiss Block, a non-displayed liquidity service for Swiss blue-chip equities, went live without any technical glitches on Aug. 11 with 11 firms signed up, according to officials.
TFX Selects GL Trade for DMA
TOKYO & PARIS-In order to provide remote membership, Japanese futures market the Tokyo Financial Exchange (TFX) has inked a deal with trading platform and market connectivity provider GL Trade, exchange officials announced today, Aug. 11.
Nasdaq OMX Sees Consolidation Gains
NEW YORK-Exchange operator and technology provider Nasdaq OMX expects to complete integrating the Philadelphia Stock Exchange (PHLX) into its operations by 2009, according to exchange officials.
Bats Ramps Up for European Launch
LONDON-In preparation for a planned November launch of its multilateral trading facility (MTF), Bats Europe is getting ready to commence client testing in the near future, MTF officials tell DWT .
EGX Nears X-stream Launch
CAIRO & STOCKHOLM-To address increasing trade volume and product diversity, the Egyptian Exchange (EGX) is in the midst of member-testing its implementation of the X-stream trading platform from Nasdaq OMX, which is set to go into production later this…
Error KOs NYSE Handhelds
NEW YORK-Floor traders on the New York Stock Exchange (NYSE) found that a server configuration error left their handheld trading devices useless during the market opening last Wednesdy, Aug. 6.