Asian investors are increasingly using single-dealer e-trading platforms that they say offer anonymity and spread improvement, rather like dark pools for equities.
An upgrade and new data centre for hosting services may spark interest in algorithmic trading strategies on Hong Kong stocks, as latency is reduced to below two milliseconds.
One of the most experienced executives in electronic trading is to lead Chi-XÆs dark pool joint venture in Singapore.
Our update on all the trading and execution poll categories, from full-service to execution-only, from algorithms to trading venue and systems.
Glenn Lesko has moved to Hong Kong to run InstinetÆs regional business on expectations that buy-side traders will use more execution-only services.
Buy-side traders, dark-pool brokers and technology providers are encouraged by Singapore ExchangeÆs announced dark-pool JV with Chi-X.