LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) has fined broker ED&F Man Capital Markets Ltd (MCML) 17.2 million pounds ($21.35 million), its largest penalty yet in connection with Europe's 'cum-ex' tax scam. | 01:07pm
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ED&F Man Capital Markets and Vela collaborate on US Equities and Equity Options execution offering
Vela adds ED&F Man Capital Markets’ smart order routing to its execution platforms to deliver tailored cross-asset market access solutions for algorithmic and quantitative traders
New York, Chicago, London – December 15, 2020 – Vela, a leading independent provider of data and execution technology for global multi-asset electronic trading, announces that it is now offering execution services for US Equities and Equity Options.
The new execution capabilities are available on Vela’s low-latency DMA Platform as well as its automated trading and market making front-end, Metro. Market access is offered through ED&F Man Capital Markets; Chicago-based GalNet Asset Management is the first client live on Metro with order routing via ED&F Man Capital Markets.