Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

Enhancements to Its Order Routing Functionality

Posted by fidest press agency su martedì, 7 luglio 2009

London, Nasdaq Omx Europe announced that it will provide order routing functionality to non-displayed markets from its “lit” (displayed) book, including routing to NEURO Dark. This new functionality will also enable order routing directly from NEURO Darkto other non-displayed markets and provide participants with greater opportunity for execution across multiple pools of non-displayed liquidity.  In addition, NEURO Dark will now use the European Best Bid and Offer (EBBO)* as the reference price — the price used to determine what price a security should execute. Using the EBBO will provide greater opportunity for price improvement within NEURO Dark by including the quotes from alternative venues, such as MTFs and exchanges. Charlotte Crosswell, President of NASDAQ OMX Europe, commented, “In this increasingly fragmented market, firms are looking for more efficient ways to access liquidity. Order routing is a key differentiator for NASDAQ OMX Europe and we are committed to providing our customers with the most effective routing strategies. Extending our routing offering to dark pools will mean that customers can now gain access to both lit and dark venues through one single connection, greatly improving their ability to seek out new liquidity.”
NASDAQ OMX Europe, the most competitively priced multilateral trading facility in Europe, is the first platform to connect European liquidity pools with Pan-European routing. NASDAQ OMX Europe currently trades approximately 900 securities including constituents of the main European indices, ETFs and other highly liquid securities. For more information about NASDAQ OMX Europe, visit http://www.nasdaqomxeurope.com.
The NASDAQ OMX Group, Inc. is the world’s largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,800 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector.  http://www.nasdaqomx.com.

Rispondi

Inserisci i tuoi dati qui sotto o clicca su un'icona per effettuare l'accesso:

Logo di WordPress.com

Stai commentando usando il tuo account WordPress.com. Chiudi sessione /  Modifica )

Google photo

Stai commentando usando il tuo account Google. Chiudi sessione /  Modifica )

Foto Twitter

Stai commentando usando il tuo account Twitter. Chiudi sessione /  Modifica )

Foto di Facebook

Stai commentando usando il tuo account Facebook. Chiudi sessione /  Modifica )

Connessione a %s...

 
%d blogger hanno fatto clic su Mi Piace per questo: