All Entries in the "Alternative Trading Venues" Category
Webinar Recording The New Alternative Venues and Exchanges in Asia
This Webinar – The New Alternative Venues and Exchanges in Asia was recorded March 28, 2012 at 5pm Hong Kong time in a panel-style format. The webinar explored how the new alternative trading venues in Asia are coming along and some of the challenges and hurdles that they still During the webinar we did run [...]
SBI Japannext Member Notice
We are glad to inform you that in the month of February, SBI Japannext has again achieved several historical new records. Both our monthly and daily average turnovers have topped previous records, now 792.5 billion JPY and 37.7 billion JPY respectively. Previous records were 774.7 billion JPY for monthly turnover in August 2011 and 36.67 [...]
Chi-X Australia Market Operations Notice
ASIC has published February 28 an updated FAQ advising the market of its view that trades executed other than by matching on an order book under the “at or within the spread” criteria in the market integrity rules are not: (a)”on-market” for the purposes of the takeover exceptions in the Corporations Act (the “Act”); (b)entered [...]
SBI Japannext PTS Turnover Reaches 4.5 Percent of TSE
On January 12 the combined market share of PTSs reached a new record of 7.62% of TSE’s total turnover. On the back of strong retail and member participation, SBI Japannext PTS achieved a new record of 4.57% market share surpassing our previous record of 4.01%. See below for SBI Japannext PTS top 10 turnover and [...]
Webinar Recording Exchange Competition and Fragmentation in Asia
This Webinar – Exchange Competition and Fragmentation in Asia was recorded November 2 1, 2011 at 5pm Hong Kong time in a panel-style format. The webinar was timely in that Chi-X Australia had finally launched. The webinar examined the current state of exchange competition in Asia particularly in Japan where fragmentation has grown to around [...]
Chi-East Selects Equinix as its Primary Data Centre
Chi-East, the independent, pan-Asian trading venue, and Equinix, Inc., a provider of global data centre services, announced August 24 that Chi-East has chosen Equinix’s Singapore 2 (SG2) International Business Exchange™ (IBX®) as its primary data centre. Chi-East, which commenced operations in the fourth quarter of 2010, is the world’s first exchange-backed, non-displayed trading platform for [...]
ITG’s POSIT Marketplace Gains Traction in Asia
Investment Technology Group, Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, today announced that its award-winning POSIT® crossing network is experiencing significant growth in the Asia Pacific region. – POSIT Marketplace trading volumes in the Asia Pacific region nearly tripled in the second quarter of 2011 versus the prior quarter, contributing [...]
ASIC Publishes MIR FAQ
Australia Competition Market Integrity Rules and Implementation Issues 1. How does this exception differ from ASX’s priority crossing rule? Our approach to the pre-trade transparency market integrity rules for the start of competition has been, as far as possible, to harmonise across all markets ASX’s existing pre-trade transparency exceptions. This approach includes pre-trade transparency exceptions [...]
NZX Says AXE ECN To Be Wound Up
New Zealand exchange operators NZX Ltd will wind up its Australian subsidiary AXE ECN after deciding there is no market opportunity for the joint venture, the company said on Friday. AXE ECN was set up in 2006 with the aim of providing a low cost electronic platform for large trades in the Australian market in [...]
Societe Generale Launches Alpha x in Hong Kong
After its release in Europe, Alpha x has now been made available in Asia. Alpha x is Societe Generale’s crossing network which matches its clients’ buy and sell orders on a particular stock through an integrated electronic execution platform. Depending on available liquidity, orders are either fully or partially executed in Alpha x. Any remaining [...]
