The agency broker has extended the crossing system, which alerts buy-side firms to uncommitted orders on their peers’ trade blotters, to Asia’s equity markets.
Alternative trading venues are living up to their billing as good execution venues for less liquid stocks, according to figures from several platform providers.
Agency brokers are reporting record volumes as volatility drives bid-offer spreads wider and buy-side institutions look to sell large blocks of shares and save on costs.
Asian traders are awaiting the introduction of Australia’s first alternative trading venue in the fourth quarter of this year. Industry support for it is strong, so what ...
Trading platforms are holding up so far, despite a huge sell-off-induced spike in volumes across stocks and stock futures, says agency broker ITG.
The research brokerage finds higher commission rates often result in poorer execution performance, and urges buy-side firms to improve their understanding of trading costs.
The newly created post reflects the growing importance of transaction cost analytics to Asian fund management firms, says the agency broker.
Several Asian markets hit their lowest daily turnover for 12 months last month, with Japan showing a particularly sharp reversal, says agency broker ITG.
Instinet, meanwhile, hires two salespeople for its electronic-trading and agency-broker offering.
US agency brokerage ITG, which aggregates dark pools, has signed up 100 clients for its Posit venue in Hong Kong since March, and Australia is its next destination.
Posit Marketplace could make a big dent in local trading costs for the buy side if it follows the example in the US.
After falling since June, ITG's liquidity indicator for the region rose in December, helped by growing trading volumes and a drop in trading costs.
Gabriel Butler moves from ITG to strengthen the US bank's electronic platform in Hong Kong.
ITG maps equity trading across the region and finds liquidity is making a real, if uneven, recovery.
Neil McCann takes on a new role in Hong Kong.
Bob Barbera, protege of Minsky and an intellectual heir to Schumpeter, forecasts stability but not growth.
The broker-neutral Triton system will initially cover 11 countries in the Asian region.
The roll-out of Australia’s first continuous crossing system leads to new appointments.