GreTai Securities Market names new Chairman
GreTai Securities Market named Mr. Sushi-der Lee, the former Minister of Finance of Taiwan, as the new Chairman of the Exchange.
MICEX-RTS Exchange adopts new brand name - Moscow Exchange
Moscow Exchange is the new brand-name for the former MICEX-RTS Exchange. Moscow Exchange Group includes Moscow Exchange, National Settlement Depository, MICEX Stock Exchange, National Clearing Center, Depository Clearing Company, RTS Settlement Chamber, RTS Clearing Center, National Mercantile Exchange.
NASDAQ OMX repurchases common stock
The NASDAQ OMX Group’s Board of Directors has granted an additional authorization for the Company to repurchase up to USD 300 m of the company’s common stock, or approximately 8% of its outstanding shares at the current share price.
Singapore Exchange acquires 49% stake in Singapore energy market company
The Singapore Exchange has acquired 49% of Singapore-based Energy Market Company, the operator of the National Electricity Market of Singapore, the local market for wholesale electricity trading. The acquisition marks SGX’s entry into the electricity sector, expanding its current portfolio of energy products and OTC clearing services. SGX will also be well-placed to develop electricity and related derivatives later on.