LONDON, Oct. 3, 2024
/PRNewswire/ -- LIST, an ION company, has upgraded its
FastTrade trading solution to offer access to additional
equity trading mechanisms from Cboe Europe ('Cboe').
With this upgrade, LIST's customers can now access Cboe's Dark
and Periodic Auction Books, the largest mechanisms in their
respective categories, and existing connectivity to the exchange's
Lit Order Books. The upgrade also allows access to these order
books through sweep functionality, enabling customers to access
multiple Cboe order books via a single order and benefit from
potential size and price improvement opportunities.
Cboe Europe is the largest pan-European stock exchange by
value-traded and market share, offering access to stocks from 15
European countries. It provides its customers with an unrivaled
range of trading services, designed to meet execution needs for
speed, size, and price improvement.
LIST's customers will also be able to benefit from Cboe's
recently introduced retail-focused tariff across its Lit, Dark, and
Periodic Auctions Books. This tariff enables free executions for
retail-attested orders sent directly by retail brokers. Cboe also
plans to introduce a retail liquidity provider solution in early
2025, subject to regulatory approvals.
Alex Dalley, Head of Cboe
Netherlands, Cboe Europe, said, "We are excited that ION's LIST
solution has expanded access to our full range of equity trading
execution mechanisms. It will help strengthen Cboe's presence in
the Italian market, particularly among its retail community, and
enable LIST's customers to benefit from better execution
outcomes."
Alvise Insalaco, CEO of
LIST, said, "The enhancement of our trading platform again
demonstrates our commitment to innovation. We are dedicated to
delivering cutting-edge solutions that ensure the best execution
for client orders across both lit and dark venues."
About ION
ION provides mission-critical trading and workflow automation
software, high-value analytics and insights, and strategic
consulting to financial institutions, central banks, governments,
and corporate organizations. Our solutions and services simplify
complex processes, boost efficiency, and enable better
decision-making. We build long-term partnerships with our clients,
helping transform their businesses for sustained success through
continuous innovation. For more information, visit
https://iongroup.com/.
About ION Markets
ION Markets provides transformative technology and solutions to
financial institutions dealing asset management, cleared
derivatives, equities, fixed income, foreign exchange, and secured
funding. Our award-winning end-to-end solutions simplify clients'
operations by automating the full trade lifecycle, providing
tools to manage risk, and maximizing access to liquidity, while
giving real-time access to critical information required for timely
operational decisions and execution on a global scale. For more
information, visit https://iongroup.com/markets/.
About LIST
LIST, an ION company, is a leading financial technology provider
to the global trading community, including trading venues, market
makers, brokers, asset managers, risk managers, and compliance
officers. LIST's innovative turnkey products and delivery, driven
by customers' needs, together with a skilled and determined young
team, play a key role in supporting successful business growth in
today's volatile times. Continuous innovation and client
partnerships around the globe have built trust and reliance on
LIST's unique real-time and data analytics capabilities.
All product and company names herein may be trademarks of their
registered owners.
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SOURCE ION