DTCC plans to separate role of Chairman and CEO
The Depository Trust & Clearing Corporation is planning to adopt an enhanced corporate governance model that is better aligned with widely accepted global standards, creating a Chairman of the Board role that is separate from the Chief Executive Officer position.
Hellenic Exchanges Group unveils new organizational structure
The Hellenic Exchanges Group unveiled a new organizational structure which went into effect on 1 January 2011. Mr. Dimitris Karaiskakis assumes the post of Chief Operations Officer, a newly created position, and who reports to the Chief Executive Officer. Mr. Nikolaos Porfyris assumes the post of Deputy Chief Operations Officer.
NASDAQ OMX acquires Zoomvision Mamato
The NASDAQ OMX Group has agreed to acquire Stockholm-based Zoomvision Mamato (ZVM), a company that provides live webcasting services, primarily for investor relations professionals. ZVM will become part of NASDAQ OMX's Global Corporate Solutions division which provides a range of tools and services that help public and private companies minimize risk, maximize efficiency, and increase transparency.
Shanghai Stock Exchange announces strategic plan
The Shanghai Stock Exchange’s Vice President unveiled the "SSE Strategic Plan (2011-2020)". The SSE's strategic goals are to build itself into a world-class bourse with improved market, sound legal system, state-of-the-art technology, and efficient operation. To achieve this, the SSE will work on five aspects: (1) fuel the construction of an International Board by accelerating the return of red-chip companies to the A-stock; (2) speed up the system building of bond market in line with the requirements of the national "12th Five-year" Plan; (3) boost the development of index products by perfecting index series and setting up a blue-chip market index system; (4) enrich single-market ETF varieties by introducing cross-market ETFs based on the SSE and the Shenzhen Stock Exchange as well as cross-border ETF products; and (5) go into agreements with overseas index agencies with a view to forming an authorized index pattern with a global coverage and a complete layout.Notice: Undefined variable: indexpage in /home/wfe/public_html/focus/2011-01/footer.php on line 4