Bank of America Merrill Lynch and Tora Trading are to provide each other’s clients in the region with a range of execution-related services.
Continued surprises in Japan will keep volatility and volumes abnormally high, says Robert Dykes, chief executive of US agency broker Tora Trading.
Joint-access agreements proliferate in a bid to address fragmentation and improve turnover among alternative trading venues.
Research from the US-based dark pool provider shows a marked improvement in the performance of certain brokers' algorithms, following big investments in e-trading systems in Asia.
Chris Jenkins has been elected co-chair of a regional industry committee that advances the philosophy behind electronic trading.