Investment Technology Group (ITG), an agency brokerage and trading service provider, has launched its commission sharing arrangement (CSA) programme in Asia-Pacific, to help buy-side firms embrace best execution in the region.
US buy-side firms directed more order flow to sell-side brokers’ sales traders in response to recent equity market volatility, a new Tabb Group report claims.
Trading systems provider Flextrade has connected the smart order routing function of its FlexTRADER execution management system (EMS) to Alpha ATS, the Canadian alternative trading platform that went live on 7 November.
The Korea Exchange (KRX) has signed a memorandum of understanding (MoU) with the Bank of Laos to create a joint venture that will establish a stock market and supervisory authority in Laos by October 2010.
The rule book for AIM Italia, Borsa Italiana’s answer to the London Stock Exchange’s AIM market for small- and mid-cap stocks, became effective today, bringing the new market closer to launch.
Pan-European trading platform Turquoise has revealed a raft of plans designed to boost trading on the platform, including undercutting the taker fees charged by rivals Chi-X and BATS Europe.
There is not enough trading volume to sustain Europe’s new execution venues, according to Frederic Ponzo, managing director of financial technology consultancy NET2S.