Equities

Credit Suisse Advanced Execution Services (AES), the bank’s algorithmic trading arm, is expected to escape much of the impact of plans to axe 5,300 jobs.

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.

Pan-European multilateral trading facilities Chi-X and Turquoise have revealed plans to start operating in Spain.

Global investment bank UBS has launched direct market access on Malaysia’s national stock exchange, Bursa Malaysia.

The Egyptian Stock Exchange (EGX) has become the latest bourse to implement a trading platform from global exchange group Nasdaq OMX.

There is not enough trading volume to sustain Europe’s new execution venues, according to Frederic Ponzo, managing director of financial technology consultancy NET2S.