Thursday, 14 January 2010
Monday, 4 January 2010
Action in FX Platforms: FXall gobbles up LavaFX from Citi
Global institutional FX platform, FXall, has agreed (Jan4) to purchase LavaFX from Citi. What's so special about LavaFX? LavaFX CEO, Tom San Pietro, joins FXall as Head of Active Trading. LavaFX emphasises FXall's focus on services for "active traders".
Faster Trading System for Tokyo Stock Exchange
TSE launched its new Arrowhead System on Jan4, a faster system which reduces order-processing time from 2 to 3 seconds to 5 milliseconds. Its remit is all cash products including stocks and convertible bonds. The aim is to increase turnover and enable TSE to deal with sudden increases in the number of transactions.
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