BoC To Auction C$2bln In 30 Day TLF on Monday
::
White House Officially Signs Off On Automaker Loan Agreements
::
Fed to Further Revise TALF Terms Based on Market Needs Going Forward
::
Fed Extends TALF Loan Maturity from 1yr to 3yrs
::
TALF Loans No Longer Distributed Through Auction, Available to All Eligible Borrowers --NY FED
::
BoA Sells $6.75bln of FDIC-Backed Debt
::
IL Governor intends to stay on the Job; will answer questions in appropriate forum
::
Obama - economists insist economy must be put back on track first
::
Obama - part of econ plan...mechanism to get budgets under control
::
Obama - once we get economy back on track, we will be confronted w/ "this enormous deficit"
::
Obama - will change how business is done in D.C.; no road to nowhere...
::
Obama - focus on job creation, increasing demand, fix financial markets will cost significant amount of money
::
Obama - need bold approach to stop rapid econ decline
::
Community Bankers Trust Gets $17.68mln of TARP Funds
::
Obama - concerned about Stimulus estimates; econ forecasts have deteriorated
::
Obama - must have reciprocity in Trade Agreements; labor, environmental agreements must be part of trade agreements
::
Obama - must rebuild regulatory structure
::
Obama - create jobs and train workers for them; the way to keep jobs in the U.S. is to rebuild infrastructure
::
No FED speeches scheduled thru year end - barring unforseen events
::
Petrobras Gas, Oil Output Totaled 2.17mln BPD in November
::

Username: Password: Forgotten your Password? Create an Account

22nd July, 2008 - On Thursday 17 July 2008, Merrill Lynch's smart order router executed in excess of one hundred million shares on Chi-X Europe

Merrill Lynch Smart Order Router Executes More than One Hundred Million Shares on Chi-X Europe on a Single Day

Peter Randall, CEO, Chi-X Europe: "We are delighted that Merrill Lynch's smart order router has chosen to execute so many shares on Chi-X Europe."

Chi-X(R) Europe Limited has announced that on Thursday 17 July 2008, Merrill Lynch's smart order router executed in excess of one hundred million shares on Chi-X Europe.

"Since launching sixteen months ago, we have been pleased to see a steady growth in the number of orders and number of trades executed on Chi-X Europe," said Peter Randall, CEO of Chi-X Europe. "We are delighted that Merrill Lynch's smart order router has chosen to execute so many shares on Chi-X Europe and believe this a great testimonial to our claim that we are faster, cheaper and smarter than executing on other destinations."

Commenting on the record day, Yvonne Hansmann, MD and Head EMEA Execution Sales at Merrill Lynch, said: "As the EMEA markets fragment, we have invested heavily in our proprietary smart order routing technology to ensure we continue to deliver best execution for our clients. We are one of the few brokers in Europe to offer comprehensive smart order routing which we estimate is saving clients in excess of 3 basis points of market impact. As new platforms come on line we are integrating them into our smart order routing platform to ensure we remain the broker of choice for best execution."

click here to return to the top of the page