A-Team Group » Electronic Trading

NASDAQ OMX Europe Announces Enhancements to Its Order Routing Functionality

Mon, 06 Jul 2009 14:11:22 +0000

NASDAQ OMX Europe today announced that it will provide order routing functionality to non-displayed markets from its “lit” (displayed) book, including routing to NEURO Dark. This new functionality will also enable order routing directly from NEURO Dark to other non-displayed markets and provide participants with greater opportunity for execution across multiple pools of non-displayed liquidity. [...]

Concept Capital Adds Five New Hires to Sales and Trading Team

Mon, 06 Jul 2009 14:05:20 +0000

Concept Capital, an institutional broker and solutions provider for global investment managers, is expanding its institutional sales and trading team in the Midwest with a substantial increase to the Chicago-based sales desk. The firm has hired a five member institutional sales team from Jesup & Lamont, a Chicago-based full service brokerage and investment banking firm, to [...]

Pipeline Financial Appoints Gray as Senior Salesperson in Europe

Mon, 06 Jul 2009 13:51:19 +0000

Block trading platform Pipeline Financial Group has appointed Richard Gray as senior salesperson in Europe. He brings with him over 25 years experience in the capital markets arena specialising in trading of global equities, foreign exchange and derivatives for long only and hedge fund institutions. Gray has held roles at Schroder Investment Management, Société Générale Corporate [...]

Chi-X Europe Extends Operations into Frankfurt with Move to Equinix Data Centre

Mon, 06 Jul 2009 08:15:56 +0000

Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, has announced that Chi-X Europe Ltd, operator of the largest pan-European equity multilateral trading facility (MTF), has joined Equinix Financial eXchange located within the Equinix Frankfurt (FR2) International Business Exchange (IBX®) data centre. Chi-X Europe’s new trading and market data Point [...]

NYSE Cuts Order-Execution Time to 5 Milliseconds from 105

Fri, 03 Jul 2009 08:24:21 +0000

The New York Stock Exchange (NYSE), a subsidiary of NYSE Euronext (NYX), has reduced the time it takes to execute an order to five milliseconds from 105 milliseconds, with the implementation of the new NYSE Super Display Book system (SDBK) for processing orders. As a result, NYSE customers are experiencing trade executions and reports [...]

RTS to Roll Out High-Speed Access to Xetra

Thu, 02 Jul 2009 14:35:01 +0000

RTS Realtime Systems Group, a global trading solutions provider, announced today that it is one of the first major technology providers to globally roll out Deutsche Boerse’s new low latency, high-speed access interfaces, the Enhanced Transaction Solution and Enhanced Broadcast Solution, along with the new Xetra® Release 10.0. Deutsche Boerse offers traders two new dedicated high-speed [...]

NYSE Technologies Taps Marketcetera as Part of Trading Ecosystem

Thu, 02 Jul 2009 12:11:23 +0000

The addition of Marketcetera’s open-source, hosted order management platform to NYSE Technologies’ Secure Financial Transaction Infrastructure (SFTI) network represents an early step in a broader collaborative play by NYSE Technologies as it seeks to create a trading ecosystem based on its own and third-party partners’ capabilities. Marketcetera’s selection by NYSE Technologies as an early reference in [...]

BT Introduces Fast and Secure Networked IT Services to Irish Financial Sector

Thu, 02 Jul 2009 10:12:51 +0000

BT today introduced its voice trading platform to members of Ireland’s financial services community and outlined a solutions portfolio that is expected to reinforce its position as a leader in converged trading technology and sector-specific IT services. BT has unmatched experience in supporting sell-side and buy-side firms and financial services providers through the entire trading [...]

LSE Outlines Simplified Order Book Fee Structure

Thu, 02 Jul 2009 08:15:33 +0000

London Stock Exchange Group today announced a new, simplified fee structure for trading on its UK order books. The new structure, to be introduced from 1 September, will deliver benefits to a broad cross section of the Exchange’s diverse customer base. In particular, the new price list will: Balance charges applicable to each side of a transaction Substantially [...]

Co-Lo Services: Adoption Rises, Competition Increases

Wed, 01 Jul 2009 22:27:09 +0000

While last week’s Sifma Technology Management Conference was down overall in terms of numbers of exhibitors, one segment had more of a presence compared to previous years: companies offering co-location (sometimes referred to as proximity) services. Joining show stalwarts like BT and Savvis, and recent comers such as Fixnetix, were names including CoreSite (formerly [...]

Knight Capital Europe Begins RSP Operations as EdgeTrade Adds Oasis Algorithm

Tue, 30 Jun 2009 14:36:50 +0000

Knight Capital Europe has started operations as a Retail Service Provider (RSP) in the U.K., allowing it to offer trading and market-making as well as price quotation services to clients predominantly in FTSE 350 Index companies listed on the London Stock Exchange. Knight describes the move as “an exciting extension of our electronic trading capabilities.” Knight [...]

Citi Selects TradingScreen to Replace LavaX EMS for Buy Side

Tue, 30 Jun 2009 13:47:32 +0000

In a further sign that competition is heating among sell-side firms keen to provide superior electronic services to their buy-side clients, Citi has selected TradingScreen’s TradeSmart execution management system to supersede its LavaX EMS as its buy-side trading platform. The deal closely follows the introduction by Morgan Stanley of its Matrix buy-side collaboration platform for OTC [...]

ICF Systems Joins Atrium Network Extranet

Tue, 30 Jun 2009 13:44:46 +0000

Atrium Network, provider of smarter connectivity for the financial community, today announced that ICF Systems AG, a full service German IT provider in the financial sector, has joined Atrium Network’s extranet community. ICF Systems is among a number of clients based in The Netherlands using Atrium Network to take advantage of its Amsterdam POP and to [...]

Neonet’s Ems Platform Accesses UBS Electronic Trading Suite

Tue, 30 Jun 2009 13:29:17 +0000

Neonet, the global provider of agency brokerage services and trading technology, today announces that buy-side clients may now utilize Neonet’s advanced trading platform to access the UBS suite of trading strategies for equities execution. UBS is the most recent addition to Neonet’s EMS broker access offering. Neonet’s Execution Management Systems (EMS) enables traders to effectively manage [...]

Bats Europe Announces Dark Pool, Closing Cross and Pricing Options

Tue, 30 Jun 2009 12:41:45 +0000

June was a busy month for Bats Europe. The company announced several initiatives, all of them featuring aggressive pricing structures, culminating with the release of plans for a dark pool this coming August. The new dark pool aims to encourage participation by offering rebates for those posting liquidity and charging those removing liquidity. Pricing hasn’t [...]

NASDAQ OMX Europe Announces First Sponsored Access Partnership With Penson Worldwide

Tue, 30 Jun 2009 11:34:07 +0000

NASDAQ OMX Europe today announced its first Sponsored Access partnership with Penson Worldwide, Inc. (Nasdaq:PNSN), a leading provider of execution, clearing, settlement, custody and technology products and services to the global financial services industry. Access will be available via the UK-based subsidiary, Penson Financial Services, Ltd. who will be the first Sponsoring Participant for NASDAQ [...]

National Bank of Greece Selects Quantifi For Credit Trading

Tue, 30 Jun 2009 10:06:22 +0000

Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, today announced that National Bank of Greece (NBG) has selected Quantifi XL as their front-office tool for pricing and analysing Credit products. Vangelis Delimpasis, Head of Credit Derivatives trading at NBG, says, “We recognised that having access to market-tested pricing tools [...]

Derivix Appoints Richard Schenkman to Board of Directors

Mon, 29 Jun 2009 15:37:30 +0000

Derivix, a financial software company providing options pricing, risk visualization and analytics solutions, today announced that it has appointed Richard Schenkman to its Board of Directors. Mr. Schenkman will provide guidance on the company’s go-to-market strategy as the company continues its rapid growth. “Derivix has proven itself as an cutting-edge provider of high-performance options pricing, [...]

ADG Installs ITRS Real-Time Dashboard for System Management

Mon, 29 Jun 2009 13:03:09 +0000

ITRS Group plc is pleased to announce that ADG Holdings LLP (ADG) has gone live with ITRS Geneos. ITRS is the leading global provider of real-time predictive operational systems management products to the world’s financial community. London-based ADG is a rapidly growing proprietary trading, market-making and brokerage house with an increasing number of client portfolios. The [...]

Equinix NY Area Data Centre To Host CBOE’s New All-Electronic “C2″ Exchange

Mon, 29 Jun 2009 12:20:36 +0000

Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, today announced that Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, plans to locate electronic trading operations for its all-electronic exchange, currently known as “C2,” at the Equinix New York-4 (NY4) International Business Exchange (IBX) data centre [...]