The algorithmic trading market has mushroomed to around one-fifth of the total volume of foreign exchange trading, according to Icap, the London-based interdealer broker. Latest figures show that application programming interface (API) or 'black box'...
The Singapore Exchange (SGX) started accepting the listing of hedge funds on its markets from June 29. The listing rules will be less onerous than for traditional funds, as they are only to be offered to “highly specialised investment pools” comprising...
Deutsche B ö rse may bid for Borsa Italiana, in an attempt to woo the Italian exchange away from its merger talks with Euronext.
Deutsche Borse has issued a revised offer for Euronext, allowing the European exchange more independence after a possible merger.
The Chicago Mercantile Exchange (CME) is to launch futures and options on futures on renminbi exchange rates against the US dollar, euro and the yen. The contracts will begin trading on August 27, CME officials told reporters at the opening of the CME...
Chief executive Tony D'Aloisio is to leave the Australian Stock Exchange (ASX) after its merger with the Sydney Futures Exchange (SFE).
From next month, Goldman Sachs and Citigroup will act as electronic market makers for the Chicago Board of Trade's (CBOT) five-year and 10-year interest rate swap futures contracts.
Nymex Europe, the London arm of the New York Mercantile Exchange, will close its trading floor at the end of this week as it shifts to electronic trading in oil and gas futures.
The New York Stock Exchange and the European exchange operator Euronext have agreed a $20 billion merger.
The Dubai Mercantile Exchange (DME), which is set to launch in the fourth quarter of this year, has strengthened its management team with newly appointed chief operating officer, Thomas Leaver, and chief compliance officer, Sarah Watts. They have both...
The Toronto Stock Exchange (TSX) will set up its own derivatives exchange in 2009 if a merger with the Montreal Exchange does not go ahead, chief executive Richard Nesbitt said yesterday.
Atticus Capital, a US hedge fund that holds 9% of the Euronext stock exchange, has encouraged Euronext to seek a merger with either Deutsche Borse or the New York Stock Exchange.
The Australian Competition and Consumer Council (ACCC) has approved a merger between the country's two major exchanges, the Sydney Futures Exchange (SFE) and the Australian Stock Exchange (ASX).
Euronext’s board looks set to use today’s annual general meeting in Amsterdam to build investor support for an €8 billion takeover bid from the owners of the New York Stock Exchange (NYSE). But shareholders still remain divided about the future...
The Depository Trust and Clearing Corporation (DTCC) has signed a deal with the Japan Securities Depository Centre (Jasdec) to streamline trading in US securities on Japanese stock exchanges.
Deutsche Börse and the SWX Group are to open a joint warrants and certificates exchange. Although plans are in the initial stages, both parties have signed a letter of intent and the exchange is provisionally planned to begin operations at the beginning...
Euronext has ended merger talks with the London Stock Exchange (LSE), leaving the New York-based Nasdaq as the front-runner for the London exchange.
The Chicago Board of Trade will list agricultural futures on its electronic trading platform from August, in a move it says was driven by customer demand.
Shareholders in the London Stock Exchange (LSE) yesterday backed the board's £510 million payout plan, as consolidation manoeuvring continued.
The Thailand Futures Exchange (TFEX) will launch its first product, SET50 index futures, on April 28.
The Sultanate of Oman’s Ministry of Oil and Gas (MOG) and the Dubai Mercantile Exchange (DME) are working to develop a new Middle East sour crude futures contract backed by oil produced in Oman, which is set for launch in the fourth quarter this year.
Deutsche Börse will launch trading of actively managed mutual funds next month, in a move aimed at attracting more private investors to the exchange.
New York-based Nasdaq has taken a 14.99% stake in the London Stock Exchange, giving it a headstart over its rivals in the struggle for the London bourse.
Eurex is to extend trading of its euro-denominated equity index products by one hour from June 1, as the exchange seeks to draw in more trade from clients in Asia-Pacific time zones. Trading will begin at 8am Central European Time instead of the current...