BBVA develops technology platform to boost risk processes with AWS and Bloomberg
Developed with AWS and Bloomberg, the cloud-based platform aims to improve risk management capabilities for the equity desk at BBVA.
Equities
UK allows firms to trade on EU venues in ‘simple’ approach to share trading obligation
The FCA has outlined its approach to the share trading obligation and will maintain access to EU venues for UK market participants.
EU stocks traded on UK venue in GBP not subject to share trading rules in latest compromise
Europe’s share trading obligation has proved controversial as the UK Brexit transition period is due to end on 31 December.
Euronext technical glitch sees major cash and derivatives market close failure
After a technical issue halted trading for several hours at Euronext on Monday morning, the market close was then impacted and closing auctions failed to take place.
Traders at RBC Capital Markets develop AI-based electronic trading platform
Known as Aiden, the AI-powered execution platform from RBC Capital Markets uses deep reinforcement learning techniques to adapt to market conditions.
Virtu Financial calls for standards in conditional order logic for dark trading
Buy-side traders should engage more with their brokers on conditional order routing logic, a paper from Virtu Financial has said.
LCH to provide clearing of Euronext stocks traded at Cboe Europe
Traders can now choose LCH EquityClear as their preferred CCP for Euronext stocks traded on Cboe Europe’s UK order books.
August trading volumes in Europe plummet in quietest month of MiFID II era
Following increased market volatility earlier this year, statistics from big xyt have shown August ADVT sank below €40 billion for the first time in more than two years.
Subscription-based Aquis Exchange enters first period of profitability since launch
After reporting increases in revenues and market share in pan-European trading, the first half of 2020 marks the first profitable period for Aquis Exchange.
New statistics quantify record-high equities and derivatives volumes in H1
The World Federation of Exchanges (WFE) has released the trading statistics for equities and derivatives in the first half of 2020 confirming record volumes for both.