Deutsche Borse

Radio Silence: Are Exchanges Trying to Curb HFT?

As several exchanges in Europe and the US prepare to implement efficiency programs for order messaging-to-trade ratios, some in the industry are seeing this as a self-regulatory move to curb high-frequency trading ahead of statutory rulings. But is this…

OTFs' Next Move

With G20 commitments obliging regulators to regiment the trading of over-the-counter derivatives, Mifid II proposes the integration of organized trading facilities, but what impact will this have? By Steve Dew-Jones

A Black Day For Europe

The blocked merger of NYSE Euronext and Deutsche Börse could have significant implications for exchange consolidation in the future.