Exchange Technologies
ISE, OSE to Form New Options Exchange
NEW YORK-Officials from the International Securities Exchange (ISE) and the Osaka Stock Exchange (OSE) have inked a memorandum of agreement (MoA) to create an equity options exchange for the Japanese market.
Agora-X Gains Backer
New York & Kansas City, MO.-A new electronic trading venue for over-the-counter (OTC) commodity options, Agora-X, will receive a $7.5 million cash infusion from newly formed global exchange operator Nasdaq OMX Group, say officials.
Turquoise Taps BT as Proximity Host
LONDON-European multilateral trading facility (MTF) Turquoise has selected BT to host its trading and data distribution systems and offer proximity hosting and connectivity services to its clients, MTF officials tell DWT .
Nordic Growth Market Trading Halted
STOCKHOLM-The 75-minute trade interruption on the Nordic Growth Market (NGM)-an exchange for growth companies in the Nordic region-that took place on Feb. 19 has been attributed to human error from the previous night, say exchange officials.
Pure Trading Upgrades FIX Gateway
TORONTO-Seeking to capture more liquidity from south of the border, Canadian alternative trading system (ATS) operator Pure Trading is in the midst of bring its FIX gateway closer to U.S. standards, and upgrading its trading engine, DWT has learned.
SGX Hits Exchange Update Milestone
SINGAPORE-Singapore Exchange (SGX) is in the process of implementing a series of new systems, several of which are from Nordic exchange operator and technology provider OMX Group, as part of a rolling five-year technology plan, say exchange officials.
Turquoise Selects AppLabs for Acceptance Testing
LONDON & PHILADELPHIA-Pan-European multilateral trading facility (MTF) Turquoise will be testing its new trading platform using offerings from software testing specialist AppLabs, say vendor officials.
Bombay Stock Exchange Upgrades Platform
Mumbai-The operators of the Bombay Stock Exchange (BSE) are in the midst of deploying the Click XT trading and clearing platform from Nordic exchange operator and technology provider OMX, according to vendor officials.
ISE to Phase Out OMX
NEW YORK-The International Securities Exchange (ISE) plans to move from its current OMX Click platform to an options trading system to be developed internally, in conjunction with Eurex, exchange officials say.
OMX Plans 2009 Genium Debut
STOCKHOLM-OMX, technology provider and the operator of the Nordic Exchange, expects to deploy its next-generation trading platform, Genium, during the second quarter of 2009, OMX officials tell DWT .
Exchange Alliances Set to Grow
KINGSTON, JAMAICA-Traders on the Jamaica Stock Exchange (JSE), Barbados Stock Exchange (BSE) as well as the Trinidad and Tobago Stock Exchange (TTSE) soon will have direct market access (DMA) to each venue via a new exchange alliance set to go live in…
Tunis Exchange Cuts Latency with Upgrade
TUNIS-The Tunis Stock Exchange will announce today, Feb. 4, that it has implemented the latest version of Nouveau Système de Cotation (NSC) electronic trading platform, dubbed NSC V900, from Atos Euronext Market Solutions (AEMS) for equities, DWT has…
TSE, OSE Bank On IT and Product Boost
LONDON-Keeping competitive in the shrinking global exchange marketplace is all about IT investments and product diversification, say senior officials from Japanese exchanges.
Turquoise Picks Progress Apama for Surveillance
LONDON-Pan-European multilateral trading facility (MTF) Turquoise is preparing to roll out a real-time market surveillance platform from complex event processing (CEP) and algorithmic trading software vendor Progress Apama and U.K.-based consultancy…
NYSE Euronext, Caisse des Dépôts Launch BlueNext
PARIS-Global exchange operator NYSE Euronext and French state-owned financial institution Caisse des Dépôts have recently gone live with a new environmental exchange, dubbed BlueNext, say officials.
Global Exchanges Withstand Market Slide
NEW YORK-Throughout two days of dramatic market volatility on Jan. 22 and 23, many global exchanges saw record setting volumes, but few report technical difficulties.
HKEx Preps Five-Fold Capacity Increase
HONG KONG-Hong Kong Exchanges and Clearing (HKEx) will be investing heavily in a series of IT upgrades over the next six months, say exchange officials.
GL Trade to Debut TASE Link
PARIS & TEL AVIV-Tel Aviv Stock Exchange (TASE) officials expect to raise their exchange's international profile by connecting to GL Trade's pan-European application service provider (ASP) platform in April, say vendor officials.
TSE Set to Take Derivatives Engine Live
TOKYO-The Tokyo Stock Exchange (TSE) is going live on a new derivatives trading engine this Tuesday, Jan. 15, and at the same time, will launch an electronic off-auction trading market for derivatives.
Sicom Preps for Condico Rollout
SINGAPORE-Traders on the Singapore Commodity Exchange (Sicom) will have a chance to start training on the exchange's new Condico energy and commodities trading platform from Nordic exchange provider OMX in the second quarter when the exchange commences…
TSX, MX to Form New Canadian Exchange
TORONTO-Following the rash of multi-asset exchange consolidations, officials from TSX Group, operator of the Toronto Stock Exchange (TSX) and Montréal Exchange (MX) have announced their intention to merge under a tentative TMX Group brand.
Virt-x, Nyfix to Launch Swiss Dark Pool
NEW YORK & LONDON-SWX Swiss Exchange's London-based securities exchange Virt-x and crossing network provider Nyfix will deliver a non-displayed, block-trading service for Swiss blue-chip equities in mid-2008, say officials from both organizations.
LSE, Borsa Italiana Detail New Structure
LONDON-The London Stock Exchange (LSE) and Borsa Italiana have outlined their combined organizational structure in an internal document distributed to staff last week following the completion of their merger in October ( DWT , Oct. 8), a copy of which…
Liquidnet Sets Up Shop in Pacific Rim
HONG KONG-New York-headquartered crossing network provider Liquidnet is going live in four Asian markets this week-Hong Kong, Japan, Singapore and South Korea.