Tradeweb Markets has launched an exchange-for-physical (EFP) based on the Cboe iBoxx iShares $ High Yield Corporate Bond Index Futures (IBHY) listed on the Cboe Futures Exchange (CFE). This new offering is available through the Dealerweb EFP platform.
Trading & Execution
Wells Fargo has become an authorised participant on Intercontinental Exchange's ICE ETF Hub and has joined the platform’s advisory committee.
Layer 1, an ultra-low latency solution, is now available to traders using Deutsche Börse’s Xetra platform.
Tickeron has launched an Intraday Pattern Feed for stocks and ETFs.
Tradeweb reports that the average daily volume was a record USD885.6 billion in February, an increase of 47.0 per cent year-over-year, with trading activity elevated as volatility increased in markets worldwide.
Intercontinental Exchange (ICE), an operator of global exchanges and clearing houses and provider of data and listings services, has launched two key enhancements for its ICE ETF Hub platform: FIX connectivity and multi-order functionality.
Truss Edge's Safari STP platform has been updated to include a number of new features providing trade entry and tax exporting functionality for ETF managers.
Fidelity Investments has launched real-time fractional shares trading of stocks and ETFs –also known as dollar-based investing.
Market maker Old Mission has obtained a brokerage license modification for its Old Mission Markets’ subsidiary from Financial Industry Regulatory Authority, which will enable Old Mission Markets to begin offering trading services directly to buy-side institutions and ETF issuers later this year, complementing the firm’s existing market making business conducted through the Old Mission Capital broker-dealer.
Horizon Software partners with US independent broker dealer Wolverine Execution Services for market connectivity
Horizon Software (Horizon), a provider of electronic trading solutions and algorithmic technology, has integrated its algo-trading platform with Wolverine Execution Services, a provider of technology and execution services.