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  • Turnover On Xetra Grows By 9 Percent In February - Number Of Transactions Up 23 Percent

    Date 01/03/2011

    Order book turnover on Xetra and on the trading floor of the Frankfurt Stock Exchange stood at €112.7 billion in February – a rise of 9 percent year-on-year (February 2010: €103.1 billion). Of the €112.7 billion, €105.5 billion was attributable to Xetra which registered growth of 9 percent y-o-y (February 2010: €97.0 billion). €7.3 billion was attributable to floor trading in Frankfurt, an increase of 19 percent y-o-y (February 2010: €6.1 billion). Order book turnover on Tradegate Exchange totalled €2.3 billion in February, making it 126 percent higher y-o-y (February 2010: €1.0 billion).

  • PhillipCapital Partners With Rts Realtime Systems To Launch Low Latency Algorithmic Trading

    Date 01/03/2011

    PhillipCapital and RTS Realtime Systems Group announced today that they have signed an agreement to launch RTS’ low latency event-based algorithmic trading solutions to Phillip Securities’ customers. Low latency trading allows high-frequency traders to transmit huge volume of trade orders at lightning speed.

  • Cleartrade Exchange Powered By Baymarkets

    Date 01/03/2011

    Cleartrade Exchange Pte Ltd, the OTC electronic global marketplace for freight and commodity derivatives, today announced it will be using all modules of Baymarkets EDGE OTC trading platform, including Marketplace, Credit Filter, and Clearing Gateway, to provide real-time processing for its trade execution facilities. This will address the increasing need for a truly electronic global marketplace for OTC freight and commodity derivatives and provide international access.

  • Members Of The Compliance Institute (CI) Have Voted In Favour Of A Merger With The Chartered Institute For Securities & Investment (CISI)

    Date 01/03/2011

    The CI, which has a membership of around 500 compliance professionals, voted by 88% to 12% to wind down the Compliance Institute and transfer membership to the CISI.

  • Instinet Named Preferred Execution Broker By Zelman & Associates

    Date 01/03/2011

    Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, today announced that its U.S. brokerage subsidiary, Instinet, LLC, has been named the preferred execution broker for Zelman & Associates, the award-winning independent research firm. As a result, Zelman’s clients will be able to leverage Instinet’s full suite of electronic trading tools and its global portfolio trading and agency sales trading offering.