ELECTRONIC TRADING OF SECURITIES – AUSTRALIA

Fewer, bigger trades block HFT growth

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Original article by Andrew White
The Australian – Page: 15 : 12-Jan-15

Australian stock exchange operator ASX has issued its trading data for December 2014, showing the first drop in the number of equity trades during a half-year since 2001. At the same time, the average value of each transaction rose 4% to $A5,663, bucking a trend caused mainly by the rise of automated high-frequency trading (HFT). Matt Williams, equities head at the Perpetual fund management firm that is the largest individual investor in ASX, says it appears that HFT is finding its "natural level". In Australia it accounts for just over a third of all trades, compared with twice that ratio in the US

CORPORATES
ASX LIMITED – ASX ASX, PERPETUAL LIMITED – ASX PPT, CHI-X AUSTRALIA PTY LTD, CITIGROUP PTY LTD, LIQUIDNET AUSTRALIA PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

ASX buys stake in e-trading provider

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Original article by Mitchell Bingemann
The Australian – Page: 23 : 19-Sep-14

The Australian Securities Exchange has paid $A65 million for a 49 per cent in Yieldbroker, a specialist electronic markets company. The acquisition will strengthen the ASX’s derivatives trading business. Twelve banks have invested in Yieldbroker, which was founded in 1999. It operates electronic markets for trading more than 800 Australian and New Zealand debt securities and interest rate derivatives

CORPORATES
ASX LIMITED – ASX ASX, YIELDBROKER PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, CITI AUSTRALIA PTY LTD, DEUTSCHE BANK AG, JP MORGAN AUSTRALIA LIMITED, MACQUARIE GROUP LIMITED – ASX MQG, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, ROYAL BANK OF CANADA, ROYAL BANK OF SCOTLAND GROUP PLC, TORONTO DOMINION AUSTRALIA LIMITED, UBS HOLDINGS PTY LTD, WESTPAC BANKING CORPORATION – ASX WBC