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Breaking News

Bats Europe Enters Dark Pool Market

July 1, 2009 - Bats Europe, the European arm of Bats Global Markets, said that it will enter the European dark pool market in August with an aggressively priced system that will reward participants that post sale or purchase orders while charging those who match orders.

Cogent Consulting, Consortium Buyers End Talks

June 30, 2009 - Cogent Consulting and a group of over seven global institutional broker-dealer firms have ended talks for the consortium to buy a majority stake in the Summit, N.J.-based commission management software firm.

SIFMA Tech Show Copes With Recession

June 30, 2009 - Last week's Securities Industry and Financial Markets Association technology show was the latest visible sign of an industry going through hard times. Several large vendors sat out this year's show. But many of the ones that were there stressed complex event processing and the low-latency processing of market data to support fast trading and decision-making.