NO 240 – FEBRUARY 2013
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WFE Focus February 2013
Corporate news

London Stock Exchange Group acquires majority stake in GATElab

The London Stock Exchange Group has acquired a 67% stake in GATElab, an Italian and UK-based technology company supplying advanced trading and post-trade services technology around the world.

Moscow Exchange to float on its own platform

Moscow Exchange MICEX-RTS announced its intention to proceed with an IPO of ordinary shares with a view to being listed on its own trading platform. On 4 February 2013, the Exchange announced an indicative price range for this offer set at RUB 55 to RUB 63 per share. The Exchange plans to use the net proceeds from the offering to further increase capitalization levels of its clearing subsidiary, the National Clearing Centre, and for IT infrastructure upgrades.

NASDAQ OMX to combine market technology and corporate solutions businesses, and global data and index businesses

The NASDAQ OMX Group will combine its Market Technology and Corporate Solutions businesses. The combination will enable increased focus and drive growth across the company’s technology businesses, create a dedicated software and technology management structure and advance NASDAQ OMX’s market position by leveraging global distribution and scaling its products and services. The new business unit will be known as Global Technology Solutions. In another move, the NASDAQ OMX Group will combine its Global Data Products and Global Index businesses. The combination will enable greater customer focus and leverage of NASDAQ OMX’s scalable technology, product innovation and robust distribution channels. The new business will operate under the name Global Information Services.

NYSE Euronext’s New York Stock Exchange ceases operating New York Block Exchange

NYSE Euronext’s New York Stock Exchange will cease operating New York Block Exchange (NYBX) effective 28 February 2013.

Exchange Consolidation News Oslo Børs and Burgundy to merge

The boards of Oslo Børs and Burgundy have decided to merge the two companies. Following this decision, Oslo Børs acquired all the shares of Burgundy on 24 January 2013. The name of the merged company will be Oslo Børs. Burgundy will continue as a marketplace under Oslo Børs. Burgundy will continue to operate through a Stockholm office. Completion of the merger is subject to approval by the authorities.