RTS Offers Low Latency Access to LME
Traders will now have access to London Metal Exchange via hosted software located in RTS local data centers in London, Frankfurt, New York, Chicago and soon Singapore.
Nasdaq OMX Continues Norwegian Expansion
Nasdaq OMX Stockholm is continuing its expansion by offering on Norwegian securities with four additional shares for trading, extending its offering to include the 30 largest Norwegian shares.
Chi-X Global Builds Out Asia-Pac Team
Chi-X Global, the holding company for regional Chi-X market centers and the Chi-Tech solutions provider, has expanded its Asia-Pacific sales team with the addition of Christopher Brown and Raks Sondhi.
London Stock Exchange Crashes Again
The London Stock Exchange crashed yesterday due to a technical problem related to a server. The outage affected one in twelve stocks for 40 minutes from 3:04 until the market closed. Check out this story on the outage.)
Chi-X Europe Launches Chi-Delta Pricing Promotion
Effective from today through the end of the year, Chi-Delta executions resulting from passive orders (non-IOC or FOK) will be charged 0.15 basis points, a reduction from the standard 0.3 basis points. Executions resulting from aggressive orders (IOC or FOK) will continue to be charged 0.3 basis points.
Dark Pools Seek Limited Transparency
Dark pools provide institutional investors with a valuable venue for trading large blocks of securities. But new regulations may change the way market participants interact with anonymous trading venues in 2010.