Tag:
London Stock Exchange
Latest Headlines
Latest Headlines
LSE upgrades high-frequency trading systems
High-frequency trading seems to be in a lull at the moment. But volume is bound to pick up. And most think the secular trend toward more high-frequency trading remains intact.
We may see the growth rate over the next few years rise fastest in foreign markets. Certainly, various exchanges in As
What's next for the Nasdaq
In the end, the NSYE successfully bet that the Justice Department would never allow a NYSE-Nasdaq combination. It seems like yet another massive blow to the Nasdaq OMX, a big strategic mistake.
Recall that the Nasdaq's efforts to buy the London Stock Exchange ended in defeat as well. But can
Nasdaq to make hostile bid for NYSE
Truth be told, we did not think the Nasdaq would ever be able to muster up a competing bid for NYSE Euronext. But it looks like we might be wrong. The media is rife with reports that Nasdaq OMX, in cahoots with the IntercontinentalExchange, is close to making a hostile bid, which would set Wall St
Exchange arms race hits new level
We've mentioned often the technology arms race going on in the trading industry. Banks and funds seeking an edge continue to develop faster technology to trade securities at unfathomable speeds--with no end in sight. Corvil, a leader in monitoring trade speeds for financial clients, announced that
LSE suffers malware attack
The London Stock Exchange has been beset with glitches recently, which do not inspire confidence at a time when the very future of the exchange is up for discussion. Anyone accessing the LSE site for four hours on Monday via specific browsers--Firefox, Chrome and Safari (but apparently not the IE)
Average trade size plunges
For a glimpse of modern stock trading, look no farther than the size of average trades on the NYSE, Nasdaq and London Stock Exchange. According to new research commissioned by the Financial Times , the average value of stock orders traded on 14 large exchanges has been reduced by 50 percent ove
What to make of the new TSE?
The new and improved Tokyo Stock Exchange slashes the time necessary to execute a trade to 5 milliseconds. That's a huge improvement. But unfortunately it still trails most modern exchanges: Nasdaq OMX trades take less than one millisecond; LSE trades, 2.7 milliseconds; Nyse Euronext trades, 2-3 m
LSE and Turquoise, a look
The London Stock Exchange has been battered by competition and technology snafus as of late, leading many to question the viability of the venerable exchange in the MiFID era. But the exchange has struck back with a deal to buy Turquoise, the type of technology driven, pan-European service that wa
The aftermath of the LSE's big outage
The London Stock Exchange, which has been plagued by technical glitches as of late, suffered another one in late November. The exchange was forced to suspend trading for more than three hours. Ouch. It was the third major glitch since September.
This is obviously yet another blow to the firm's
The end of Turquoise
The end of Turquoise seems to be at hand. Recall that the new-era trading system was set up by nine top banks--including Morgan Stanley ( MS ), Goldman Sachs ( GS ) and Citigroup ( C )--with an eye on smashing the dominance of the old-line exchanges, notably the London Stock Exchange and NYS
