Australia Market-Structure Research Center Opens European Branch

The Capital Markets Cooperative Research Centre, an Australian company that publishes academic research on market structure, dark pools and high frequency trading, created a European equivalent this week, according to a statement.

The University of Chieti-Pescara, University of Naples Federico II, University of Teramo, Cass Business School, University of Southampton, University of Liverpool and VUZF University are among the European institutions that have committed to the new venture, according to the statement. The opening is planned for January 2013, according to the statement.

“The center will facilitate research into many important issues currently faced by European financial markets including the impact of market fragmentation, high frequency trading and dark pools,” Alex Frino, chief executive officer of the CMCRC, said in the statement.

The Sydney-based center was founded in 2001 and is backed by the Australian federal government and New South Wales government, according to the statement.

To contact the reporter on this story: Eleni Himaras in Hong Kong at ehimaras@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.