As traders look for the fastest way to trade, one connectivity provider may have an answer: Sending data and trade orders via microwaves. So, what happens when it rains?
With profits down due to lower volumes and declining volatility in U.S. stocks, high-frequency traders face growing pressure to find new markets and innovate when speed is not enough.
Trust in all dark pools takes a hit as the industry reacts to SEC charges that Pipeline filled the vast majority of customer orders through an affiliated trading entity rather than by matching them against other customer orders, as advertised.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
Buy side firms need sophisticated tools to navigate the market structure as well as analytics and connectivity to alternative trading systems, but cost pressures are an obstacle to upgrading their OMS-EMS platforms, according to Greenwich Associates' study.
Advanced Trading takes you on an exclusive tour of Abel Noser’s New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.
BATS' Acquisition of Chi-X Europe Clears UK RegulatorOctober 20, 2011The UK Competition Commission provisionally concluded that customers have the power to prevent the merged company from raising trading fees or worseing service.
Fidessa Passes Certification Test for Chi-X AustraliaSeptember 13, 2011Fidessa is also providing the software and technology infrastructure for ASX Best, a multi-market trading application that allows smart order routing between venues.
Chi-X Australia Picks Equinix for Primary Data CenterApril 13, 2011Preparing to launch its alternative trading venue in Q4, Chi-X Australia will leverage Equinix's infrastructure to offer proximity hosting and network connectivity needs.
Merger Mania: Bigger Is Not Always BetterMarch 23, 2011Stirring up national passions and regulatory obstacles, a slew of cross-border deals that threaten the survival of national stock exchanges are in the works.
Can Nasdaq Break Up the NYSE-DB Deal?February 23, 2011The proposed merger of the NYSE Euronext and Deutsche Borse has led to speculation over potential U.S. exchange tie-ups and attempts to break up the deal.
LCH.Clearnet, Chi-X Europe Launch CFD Clearing ServiceJanuary 10, 2011LCH.Clearnet and Chi-X Europe, the largest pan-European equities exchange, announced they’re teaming to launch a contract-for-difference clearing service for institutional investors this week.
BATS, NYSE Euronext and Nasdaq Bid for Chi-X: ReportDecember 14, 2010Chi-X Europe is apparently in strong demand these days, with BATS Global Markets, NYSE Euronext and Nasdaq OMX each bidding to acquire the pan-European trading platform, + Comment
SunGard Launches Ultra Low Latency DMA for EuropeNovember 08, 2010SunGard's Valdi Execution Services caters to high-velocity traders executing across Pan European equity markets, providing a broker-managed solution that includes clearance and settlement.
Chi-X Europe Launches IDR TradingSeptember 03, 2010Chi-X Europe announced that it has commenced trading of international depositary receipts, covering 50 stocks from 12 nations, forming the pan-European exchange’s 16th market segment.
Fidessa Connects Its Global FIX Network to Chi-X JapanAugust 19, 2010Fidessa group plc announced its global FIX network is now connected to Chi-X Japan, the latest proprietary trading system in the Japanese equity market and first Chi-X venue operating in Asia.
Hedley & Company Selects +Trader to Monitor U.K. MTFsJune 03, 2010Hedley & Company Stockbrokers said today that it will use +Trader’s data platform to monitor multilateral trading facilities across the U.K., including Chi-X and the London Stock Exchange-controlled Turquoise.
Fidessa Opens Singapore HubMay 25, 2010Fidessa group has opened a new hub in Singapore to supplement its existing presence in the Asia Pacific region in Hong Kong and Tokyo.
UBS Connects to MarketPrizmApril 20, 2010UBS will connect to Chi-X Global Technology's MarketPrizm pan-European trading infrastructure in support of the firm's Direct Execution ultra-low latency market access and co-location services.
Misra Named CEO of Algo TechnologiesMarch 15, 2010Hirander Misra, former COO of Chi-X Europe, has joined Algo Technologies, which is launching to deliver trading technology solutions focused on algorithmic trading, execution market data services.
Phillips Named CEO of Chi-EastJanuary 06, 2010Ned Phillips has been appointed chief executive officer of Chi-East, the joint venture of Chi-X Global and Singapore Exchange Limited (SGX).
Chi-Tech Deploys 29West Messaging for MarketPrizmDecember 17, 2009Chi-X Global Technology (Chi-Tech) has selected messaging technology from 29West for the low-latency market data delivery infrastructure of its MarketPrizm service.
