E*Trade invested a hell of a lot in communications, so it always only trades on about 30 per cent of capacity in an average day. Online traders struggled to cope with seesawing markets this week, with the New York and Nasdaq stock exchanges leading...
Eurex - the German-Swiss derivatives exchange - claims moving to electronic trading was a major factor in becoming Europe's largest market. Formed by the merger of Frankfurt's thriving Deutsche Termin Borse and Soffex of Switzerland, Eurex used its...
The initiative, which will lead to a international directory of businesses trading on the internet, is also supported by American Express, Andersen Consulting, Commerce One, Fujitsu, Merrill Lynch, Nortel, NTT and Sun Microsystems amongst others.
Microsoft has announced plans for its first set of software tools designed to help banks and other financial institutions process payments and conduct capital markets trading entirely online. Accelerator for Financial Services enables electronic...
Savvis' service will connect investors to the exchange's Infolect and TradElect electronic trading platforms via the supplier's London Docklands data centre.silicon.com Financial Services The London Stock Exchange (LSE) has agreed a deal for...
The London Stock Exchange has launched a hosting service that will help high frequency algorithmic trading firms complete their trades even faster.silicon.com Financial Services The new service, Exchange Hosting, will connect these firms to the...