MS POOL is Morgan Stanley’s dark, internal liquidity pool and MS Trajectory Cross is the firm’s enhanced liquidity pool that discourages short-term trading.

BATS provides market data and market share statistics from all major trading exchanges and venues. Basic market data on BATS is free and full order-by-order depth of book historical data is offered ...

exchange bid-ask spread for Daiwa’s institutional, corporate, retail, and ...

The EMSX system offers global , broker-neutral equities and futures screen-based trading to more than 2,500 brokers and algorithmic trading providers. The clients are split globally with 40% in EMEA, ...

4sight’s Xpose collateral management system offers cross-product collateral management and optimisation for securities lending, repo and derivatives. By supporting the full lifecycle with straight ...

Societe Generale offers a range of futures algorithms including its liquidity seeking algorithm Eclipse, WVOL, VWAP, TWAP and an implementation shortfall algorithm. The algorithms access the listing ...

If a civilian had walked into last week’s Alpha Innovation Required (AIR) Summit in Fort Lauderdale, they may have mistaken proceedings for an intelligence community brainstorming session. The event ...

The TRADE catches up with Tom McHugh, chief executive at FINBOURNE Technology, to discuss key pain points linked to manual ...

A new report emphasises the need for the EU to coordinate closely with the UK in H2 2027 for a switch to a T+1 settlement ...

Expected to be included in March 2025, the move comes as part of Tradeweb’s “commitment to develop the next generation of ...

The TRADE sits down with Joseph Forde, FX trader at Brown Brothers Harriman (BBH), to unpack the best approach to panels, ...

The sheer scale of computing power required to meet the most demanding regulations, alongside the strategic benefits of more ...