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Neonet Launches new generation of its Smart Order Routing technology
FREE ARTICLE December 2nd, 2008 - Neonet to launch a new generation of its Smart Order Routing technology for Best Execution in shares traded on multiple markets read this
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FlexTRADER EMS smart order router provides full connectivity to Alpha ATS L.P.
FREE ARTICLE December 2nd, 2008 - FlexTrade smart order router connected to Alpha Trading Systems in Canada accounts for nearly 20% of executed volume read this
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Knight Link ranked number one Dark Pool
FREE ARTICLE December 2nd, 2008 - Knight Link ranked number one Dark Pool by share volume in Tabb Group's LiquidityMatrix for October 2008 read this
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IS Investment signs on to Fidessa’s global network
FREE ARTICLE December 2nd, 2008 - Fidessa announces that IS Investment is to join its global connectivity network read this
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RiverCross ATS selects SunGard’s assent for correspondent clearing services
FREE ARTICLE December 2nd, 2008 - SunGard’s Assent to clear and settle trades for RiverCross ATS on its fully-automated dark pool read this
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Fixed Income: European Outlook
FREE ARTICLE European debt futures are likely to open higher, in line with overnight Treasuries. Recession fears continue to haunt markets but Treasuries also received a boost after Fed chairman Bernanke said yesterday that the central bank could purchase long-term Tr read this
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Thor Asset Management selects QuantFEED to trade on US and European markets
FREE ARTICLE December 1st, 2008 - Thor Asset Management USA selects QuantHouse low latency solutions for US and European futures markets read this
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FX Update: Swissy Firms Amid Weaker Equities
FREE ARTICLE CHF traded on a firm footing, with the market influenced by broad based risk reduction. Dow futures are deep in the red and European indices have followed the Asian market lower. EUR/CHF dived from 1.5427 highs in Asia to hit 1.5307 session lows before it read this
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New NET2S report confirms, one year into MiFID, the best execution battle has truly begun
FREE ARTICLE November 28th, 2008 - Five new Alternative Trading Venues are now competing for best execution read this
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FX Update: Cable Consolidates Gains in Europe
FREE ARTICLE GBP maintained a supportive tone, with Cable moving back towards the 1.5450 region in to the European session, while EUR/GBP continued to consolidate below the 0.8400 handle. Sterling buying interest was noted on dips in Asia, which supported Cable in to read this
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European Opening Comments
FREE ARTICLE <span style="font-size: x-small; font-family: Microsoft Sans Serif;">Trading in most markets is quiet following the US Thanksgiving holiday which saw the American markets generally closed.</span> <span style="f read this
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Looking Ahead: NY's Morning Headlines
FREE ARTICLE Obama Calls on LSE For Support <a href="http://www.ft.com/cms/s/0/d9f34152-bcbc-11dd-af5a-0000779fd18c.html">FT</a> http://www.ft.com/cms/s/0/d9f34152-bcbc-11dd-af5a-0000779fd18c.html Dell's Revival Strategy Runs Into Troubl read this
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Fixed Income: European Outlook
FREE ARTICLE European debt futures are likely to open little changed with a negative bias, in line with overnight Treasuries. In Asia, stock markets were mixed. The UK has GfK consumer confidence released overnight, which showed a surprising improvement to -35 (median read this
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FX Update: European Midday
FREE ARTICLE The European morning was dominated by the global equity market rally, which saw European indices push higher, along with the Asian market rally and yesterday's Wall Street gains. The dollar headed lower and JPY also eased, although to a lesser extent read this
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FX Update: Yen Supported in Asian Trading
FREE ARTICLE JPY traded on a supportive footing, with good size USD/JPY option strikes at 95.00 influencing in holiday thin trading conditions. USD 300 million rolled off at the Tokyo cut and more are due to expire at 15:00GMT today. Elsewhere, the JPY crosses hav read this
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CQG deploys global trading network
FREE ARTICLE November 27th, 2008 - CQG announces new network of hosted direct market access gateways read this
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FX Update: Sterling Steady Around 1.53
FREE ARTICLE GBP maintained a supportive tone, with Cable still holding above the 1.5300 handle, although it continued to struggle to reclaim 1.5500 in Asia amid profit taking interest from 1.5450 and GBP/JPY sellers from 147.00. In the absence of US traders today read this
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FX Update- Cable
FREE ARTICLE Cable recorded 1.5229 lows ahead of the U.S. releases and then recovered to 1.5300 after the slew of data came out on the weak side. Good size stop losses under 1.5225 remained intact as European interbank names worked buy orders ahead of this level. Cabl read this
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Linkage provides price improvement for Liquidnet's buy-side membership and exchange participants
FREE ARTICLE November 26th, 2008 - Liquidnet announces partnership with NYSE Arca read this
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PFGBEST.com and Integral partner on technologies
FREE ARTICLE November 26th, 2008 - PFGBEST.com and Integral partner on technologies to give Forex brokers and customers access to multi-bank liquidity read this
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FX Update: European Midday
FREE ARTICLE The dollar traded on a firmer footing in the European morning, with profit taking the main influence as equity markets came back under pressure. EUR/USD experienced selling pressure above 1.3000 and Cable also struggled to sustain a move above 1.5400 desp read this
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Deutsche Börse offers standardized key indicators for risk measurement
FREE ARTICLE November 26th, 2008 - New SENSIS data product offers asset managers and investors easily accessible risk information for portfolio decisions read this
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Ivanhoe Disputes Allegation over Ecuador Oilfield Contract
FREE ARTICLE In a release distributed by Canada NewsWire today, Ivanhoe Energy said allegations in a recently filed lawsuit seeking to contest a contract the company won earlier this year, are false and totally without merit. Details of the allegations were not distr read this
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Fixed Income: European Midday
FREE ARTICLE European debt futures are higher, supported by weak data (see below) and ongoing growth concerns as well as expectations for sharply lower inflation. The local calendar had final German Q3 GDP, which was confirmed -0.5% q/q (median same). German Decem read this
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FX Update: European Midday
FREE ARTICLE The dollar traded on a firmer footing as the market reverted to risk reduction as European equities gave back some of Monday's gains. Weak European data fueled profit taking by euro longs, which forced a EUR/USD move in to 1.2820 and saw EUR/JPY trad read this
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Banca IMI selects Patsystems to provide DMA access to IDEX
FREE ARTICLE November 25th, 2008 - Banca IMI selects Patsystems to provide Direct Market Access for electronic trading on IDEX, the new segment of the Borsa Italiana’s derivatives market read this
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Crédit Agricole Cheuvreux introduces first edition “Navigating Liquidity”
FREE ARTICLE November 25th, 2008 - Inaugural research report introduced from Crédit Agricole Cheuvreux, on equity exchange liquidity analyses optimal trading destinations read this
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Fixed Income: European Outlook
FREE ARTICLE European government debt futures are likely to open higher, in line with overnight Treasuries. The local calendar has final German Q3 GDP data, expected to confirm the -0.5% q/q (median same) contraction reported with the preliminary number. The breakdown read this
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FX Update- GBP
FREE ARTICLE GBP firmed up on the U.K. pre-budget report, which unveiled a range of economic stimulus measures. Cable recorded session highs of 1.5138 and EUR/GBP moved back in to the 0.8475 area, which marked a move of 35 pips since Chancellor Darling started his add read this
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GL TRADE to provide DMA to Thailand
FREE ARTICLE November 24th, 2008 - GL TRADE signs deal with Seamico Securities to provide direct market access to the Stock Exchange of Thailand read this
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Fidessa signs up European clients to ILA strategy
FREE ARTICLE November 24th, 2008 - 20 European clients signed up for Fidessa's Intelligent Liquidity Access Strategy read this
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Tora selected best Asian vendor of the year by Tradetech Asia
FREE ARTICLE November 24th, 2008 - Organizer of Trade Tech Asia 2008 selects Tora as best Asian vendor of the year read this
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FX Update- USD
FREE ARTICLE The dollar is off to the races again, as equities crumble, and dealers note interest to buy the greenback into the weekend, to hedge against any any problems with U.S. banks. EUR/USD has fallen from 1.2570 to session lows near 1.2435 since the DJIA turned read this
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Turquoise announces agreement with TNS
FREE ARTICLE November 21st, 2008 - TNS adds Turquoise to its portfolio of Automated Trading Systems exchanges and Electronic Communication Networks read this
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TMX Group to expand co-location services
FREE ARTICLE November 21st, 2008 - Toronto Stock Exchange co-location services will be expanded to include derivatives trading and data clients read this
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FX Update: European Midday
FREE ARTICLE The USD and JPY traded on a softer footing during the European morning as equity markets responded to an Asian market rebound. News that Citigroup was looking for a merger partner, along with speculation of a potential Chinese rate cut fueled broad gains. read this
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Industry veterans to contribute to QSG's development of system bridge between portfolio and trading strategy
FREE ARTICLE November 21st, 2008 - George Bodine, Dan Ginsparg and Mike Stritch to join QSG read this
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Orc Software to provide low latency access to Korean markets
FREE ARTICLE November 21st, 2008 - PB Futures selects Orc Software to provide low latency access to Korean markets read this
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FX Update: Sterling Rises a Touch on Positive Equities
FREE ARTICLE GBP benefited on slight improvement in risk profile following the rebound in Asian equities. However, European indices are struggling to sustain an upturn, with underlying fundamentals still very negative. One development that could capture the sterlin read this
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FX Update: European Midday
FREE ARTICLE The European morning was dominated by risk reduction, which left USD, JPY and CHF on a firm footing, although further gains were limited after Asian session moves. EUR/USD found support under 1.2500 amid option related demand ahead of today's 1.2550 read this
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FX Update: Sterling Slips in Europe
FREE ARTICLE GBP experienced volatile trade, with Cable and EUR/GBP both reversing overnight moves. Cable started the European session close to 1.5000, but came under pressure in line with Europe to trade down to 1.4815 lows before buying interest came in. The pair re read this
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NorthPoint Trading Partners choose FIX Flyer Trading Network
FREE ARTICLE November 19th, 2008 - NorthPoint Trading Partners selects FIX Flyer's Financial Trading Network platform for integration and connectivity to algorithmic trading destinations read this
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FX Update- EUR/USD
FREE ARTICLE EUR/USD forced lower by Japanese sell-order, which caught the market long and forced a move back in to 1.2670. The interest has now been filled, but the pair is struggling to regain upward momentum amid talk of good selling interest to go through over tod read this
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FX Update- EUR
FREE ARTICLE The FX market was turned on is ear by the earlier noted round of cable and EUR/USD buying, though when U.S. equities opened on a marginally positive footing, follow through buying ensued. EUR/USD has rallied to highs of the week, so far peaking at 1.2801, read this
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FX Update: Sterling Firms on BOE Minutes
FREE ARTICLE GBP put demand picked up after BOE minutes, with one stand out interest noted in the European market. A UK clearer bought via the direct market a year-end 1.2500 Cable put, which is a very aggressive bet. The volatility curve in Cable has fallen sharply t read this
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New Bloomberg Tradebook electronic FX marketplace goes live with Bank of America as central counterparty
FREE ARTICLE November 19th, 2008 - Bloomberg Tradebook Services LLC launches new electronic foreign exchange trading platform on the Bloomberg Professional service read this
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Orc announces release of Orc CameronFIX Version 6.3.1
FREE ARTICLE November 19th, 2008 - Orc CameronFIX 6.3.1 delivers optimized FAST and further FIX monitoring improvements read this
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Evolution Securities clears and settles trades on Chi-X and Turquoise with GL RIMS’ support
FREE ARTICLE November 19th, 2008 - GL TRADE announces that Evolution Securities now live on Chi-X and Turquoise read this
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Instinet Incorporated announces new management structure for its Asia-Pacific business
FREE ARTICLE November 19th, 2008 - Instinet strengthens Asia-Pacific business with new management structure read this
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Euro Trades Narrowly Mixed vs. Dollar
FREE ARTICLE EUR-USD maintained narrow ranges with early buying interest running in to offers from U.S. corporate accounts and fund names, which forced a move back towards 1.2600. Pressure on the 1.2600 has been limited though, with a quasi-official name and option read this
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Chi-X Global Inc appoints regional CEO for Asia-Pacific
FREE ARTICLE November 19th, 2008 - Chi-X appoints Joseph Marchal Asia-Pacific CEO and makes key hires in Australia read this
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FPL announces appointment of Technical Director
FREE ARTICLE November 19th, 2008 - FPL appoints Ryan Pierce as Technical Director read this
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Crédit Agricole Cheuvreux extends Algorithms to Canada
FREE ARTICLE November 19th, 2008 - Crédit Agricole Cheuvreux to extend Algorithms to Canada read this
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Marketcetera appoints Brian Roberti global Head of Sales
FREE ARTICLE November 18th, 2008 - Former EdgeTrade and Advent Software Executive to manage sales for open source Automated Trading Systems provider read this
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Chi-X Global acquires Cicada
FREE ARTICLE November 18th, 2008 - Exchange technology specialist to become exchange services unit of Chi-X Global read this
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Jyske Bank chooses Aegisoft's Exchange Simulator to test FIX-based trading system
FREE ARTICLE November 18th, 2008 - Aegisoft's Exchange Simulator chosen by Jyske Bank to test FIX-based trading system read this
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Fidessa launches Fragmentation Index
FREE ARTICLE November 18th, 2008 - Fidessa announces launch of the Fidessa Fragmentation Index read this
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FX Update: Cable Edged Higher Post CPI Data
FREE ARTICLE GBP mixed after UK CPI slowed to 4.5% y/y in October, which was well below the consensus and is the first drop since August 2007. The biggest downward effect on CPI came from cheaper fuel and transport cost, according to the ONS. Cable firmed and traded b read this
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FX Update: Sterling Spikes, Continues Monday's Rally
FREE ARTICLE GBP spiked higher amid US name demand, which lifted Cable to 1.5084 highs from European opening levels of 1.4980-85, while EUR/GBP triggered a round of stops below 0.8400 and extended to 0.8373 lows on UK clearer selling. The sterling move is a contin read this
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Tora announces direct access to CLSA BlocSec from TORA Compass
FREE ARTICLE November 17th, 2008 - New venue to provide anonymous, block sale crossing network that eliminates leakage and reduces potential for negative market impact read this
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Equiduct Trading and SIX x-clear announce integrated central counterparty service
FREE ARTICLE November 17th, 2008 - SIX x-clear to act as CCP for German and Swiss securities traded through Equiduct Trading read this
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Credit Suisse awards major global hosting contract to Fixnetix
FREE ARTICLE November 17th, 2008 - Fixnetix to provide leading investment bank with co-location and direct connectivity to European Exchanges & MTFs read this
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Markets Report
FREE ARTICLE Strongly firmer European stock markets dominated the morning news, along with further uncertainty surrounding sterling and weak GDP figures for the Eurozone as a whole and Germany and Italy indiviudally. read this
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Fixed Income: European Midday
FREE ARTICLE European government debt futures are lower as stock market record sharp gains, mimicking overnight moves in Asia and on Wall Street, led by banking and commodity stocks. News that the eurozone is in recession, with growth contracting by 0.2% q/q in Q3 (me read this
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Connotate generates proprietary data sets for Angora options traders
FREE ARTICLE November 14th, 2008 - Angora Solutions selects Connotate to automate the collection and delivery of unique data elements from the Web read this
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Öhman Fondkommission chooses Best Execution technology from Neonet
FREE ARTICLE November 14th, 2008 - Öhman Fondkommission to use Neonet's technology offering, Neonet XG, for their brokerage arm read this
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Fidessa expands connectivity in Canada with Alpha ATS
FREE ARTICLE November 14th, 2008 - Fidessa connects to Alpha ATS L.P. the newly launched Canadian alternative trading system read this
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BNY ConvergEx Group announces new global smart order routing for Europe
FREE ARTICLE November 14th, 2008 - BNY ConvergEx Group to offer a new global smart order routing platform read this
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FX Update: Fragile Conditions Benefit Yen
FREE ARTICLE JPY maintained a supportive tone, with USD/JPY close to 96.80, while EUR/JPY maintains a heavier tone around 123, but well off Thursday's 117.61 lows. Wall Street rebound put a floor underneath Asian markets, which should bode well for European indic read this
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Fixed Income: European Outlook
FREE ARTICLE European government debt futures could open lower, in line with moves in Treasuries in late New York trading yesterday. Meanwhile, Asian stock markets have posted gains, which could weigh down Europea debt futures further. The local calendar has the f read this
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Charles River network grows to 30 Australian brokers
FREE ARTICLE November 13th, 2008 - Additional local firms broaden choice for advanced execution read this
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Tethys Technology announces new unique foreign exchange trading capabilities
FREE ARTICLE November 13th, 2008 - Tethys Technology develops new product for high volume FX trading desks as an extension of its existing Execta platform read this