Early Thoughts On SEC Dark Pool Regulation
The SEC put forth a series of proposals it believes will enhance transparency, reduce asymmetries, and enhance public confidence in the equity markets but discussing these proposals in advance of releasing them in written form has raised significant confusion in the industry.
Chi-X Europe Launches Chi-Velocity
Chi-X Europe has launched Chi-Velocity, a proximity-hosted risk management software layer co-located next to the Chi-X Europe primary matching engine that enables trading participant firms to offer ultra-low latency sponsored DMA to their clients.
Mismi Selects OneTick Data Management Solution
Mismi, a call-market crossing solution scheduled to launch in the fourth quarter, has licensed OneMarketData’s OneTick Database for data management, analytics and complex event processing.
R.W. Pressprich Invests in CodeStreet
Fixed-income broker-dealer uses CodeStreet's Teamwork hosted service for fixed income sales and trading, and wants to help firm expand into broad array of asset classes.
NYSE Euronext Innovates at Warp Speed
NYSE Euronext and CIO Steve Rubinow are focused on doing things faster, including communication, development and, of course, competing in the low-latency trading arena.
Morgan Stanley Aims for the Clouds
David Reilly, CIO of Enterprise Infrastructure, heads Morgan Stanley's industry-leading cloud and virtualization initiatives. He's not afraid to rely on vendors for substantial chunks of these and other projects.
LSE In Talks to Buy Turquoise
According to reports, the London Stock Exchange is in exclusive talks to purchase Turquoise Trading, the pan-European equity alternative trading system backed by a consortium of nine investment banks.