BME upgrades its trading platform
BME has upgraded the Spanish stock exchange’s trading platform (SIBE), bringing trading in shares, ETFs, warrants and other investment products into one single system. The new technological environment, fully developed using BME Group’s technology, will allow the system to accommodate the future growth in trading volumes and improve latency.
ICE develops Brazilian debt trading platform
IntercontinentalExchange signed an agreement with Cetip to develop and deliver a new fixed-income trading platform to be offered by Cetip for Brazilian corporate and government bonds. The platform is expected to be launched in the second half of 2012. Cetip is responsible for product strategy and the promotion of usage in Brazil. ICE is developing the platform technology.
Nigerian Stock Exchange enters into agreement with NASDAQ OMX to upgrade the new trading platform
The Nigerian Stock Exchange has entered into an agreement with the NASDAQ OMX Group to upgrade its cash equities trading platform. Under the terms of the agreement, NASDAQ OMX will replace NSE’s existing NASDAQ OMX platform (Horizon) with one powered by X-stream technology. The upgrade is expected to be rolled out at NSE in the first half of 2013.
SIX Swiss Exchange upgrades to INET-based trading platform
The SIX Swiss Exchange completed the upgrade of its existing SWXess trading platform to a new system based on NASDAQ OMX’s INET technology which utilizes NASDAQ OMX’s X-stream INET technology to enable significant latency and throughput advantages in all asset classes. At the same time, SIX Swiss Exchange is launching a co-location service for the new platform in association with Equinix.