Borsa İstanbul Derivatives Market (VIOP) introduces a new market making system. For the purpose of creating a liquid and transparent market, a certain amount of the exchange commission charged on contracts will be shared with market makers.

Borsa İstanbul Derivatives Market introduces a new market making model, which covers single stock futures and options, as well as option contracts on BIST 30 Index, mini-BIST 30 Index and currency, and entitles the market makers to a certain portion of the exchange commission on the basis of their market making performance.

The target is to increase the liquidity in option contracts

This program, which covers single stock future contracts and all active option contracts, ensures that market makers enter quotations on a continuous basis and therefore investors can always find prices on the market with a narrow spread. This will, in turn, increase the depth and liquidity in option contracts.

Friday, November 28, 2014

NZX is pleased to announce it will launch a Global Butter Futures Contract on Friday 12 December. This follows successful testing of the service and receipt of regulatory approval from the Financial Markets Authority.

Butter futures are a global risk management tool for participants operating in the dairy commodities industry. The contracts will trade off the underlying price for unsalted butter on the GlobalDairyTrade auction platform.

Thursday, November 27, 2014

São Paulo, November 26, 2014 – BM&FBOVESPA announced the tenth portfolio of the Corporate Sustainability Index (ISE), effective from January 05, 2015 to January 02, 2016. The new portfolio is composed of 51 stocks of 40 companies. The companies are drawn from 19 sectors and have a combined market capitalization of BRL 1.22 trillion, or 49.87% of the combined figure for all of the companies traded on BM&FBOVESPA, based on the close of trading on November 24, 2014 (in the previous year, combined market capitalization was BRL 1.14 trillion, the equivalent of 47.16% of the total, based on the close of trading on November 26, 2013).

Of the 40 companies in the current portfolio, four are new: JSL, B2W DIGITAL, LOJAS AMERICANAS and LOJAS RENNER, with the latter three being responsible for the Retail sector going onto ISE. The larger number of sectors increases attractiveness for investors, due to greater diversification, and also demonstrates that the Sustainability trend is gaining maturity as its reach stretches further across sectors.

Thursday, November 27, 2014

Singapore Exchange (SGX) announced its intention to launch a bond trading platform by mid-2015. It will initially trade Asian corporate bonds in G3 currencies, with Asian local currencies to follow. To drive this initiative, the first of its kind focused on Asian bonds, SGX has formed a new subsidiary, SGX Bond Trading (“SGX BT”).

The development of this platform will be executed in close consultation with the industry, and the platform aims to become an Asian Liquidity Centre for both high-yield and investment-grade corporate bonds. SGX held an inaugural Steering Committee meeting with senior representatives of 32 leading Asian fixed income dealers and investors yesterday and will continue to do this at periodic intervals leading to the launch of the platform. The Steering Committee will provide strategic direction and feedback to SGX on the development and refinement of services provided by SGX Bond Trading to address the needs of Asian bond market participants.

Wednesday, November 26, 2014

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced that it has successfully completed the Liffe futures and options transition to ICE Futures Europe. The final phase of the Liffe transition was completed with the equity derivatives complex transferring to the ICE platform, following the previous migrations of European interest rate derivatives and soft commodity contracts.

The Liffe equity derivative contracts that were migrated to the ICE platform on November 17 include futures and options on the FTSE 100 Index, futures contracts on the MSCI World and MSCI Europe Indices, as well as a comprehensive range of Single Stock Futures, Dividend Adjusted Stock Futures and Individual Equity Options.

With European equity derivatives, interest rate derivatives and soft commodities now listed on the widely distributed and feature rich ICE trading platform, these contracts can now be traded side by side on WebICE with ICE’s flagship U.S. MSCI and Russell index contracts, as well as with the Eurodollar and GCF Repo futures contracts and the U.S. soft commodity complex.

Monday, November 24, 2014

In a unanimous and harmonious selection, The Egyptian Exchange (EGX) chairs The Federation of Euro-Asian Stock Exchanges (FEAS). The celebration was carved, in Croatian capital, Zagreb, where The Federation of Euro-Asian Stock Exchanges (FEAS) General Assembly announced the unanimous choice of Dr. Mohamed Omran The Egyptian Exchange (EGX) Chairman as chairman of the federation. EGX is the first Arab Stock Exchange to win this post; that was on margin of the 20th General Assembly meetings of the FEAS. Worth mentioning that since FEAS inception in 1995 till this nomination, Turkey had been chairing the federation and this is the first time a stock exchange other than Istanbul chairs the federation.

The FEAS represents a large scale of important stock exchanges counting to 34 Stock Exchange representing over $700 billion capital market and more than $500 billion of value trades.

Dr. Mohammad Omran, EGX Chairman, announced that this step comes within the framework of the Organization’s strategic plan to regain its place on the regional and international fronts. This is a step that declares that we have overcome the difficult circumstances and we are regaining the position we deserve.  

Monday, November 24, 2014

The Vienna Stock Exchange and the Zagreb Stock Exchange signed a cooperation agreement for data vending. With this step, the Vienna Stock Exchange has enlarged its data vending network by another emerging market from Central and Eastern Europe. In the course of the coming year, financial data vendors who are customers of the Vienna Stock Exchange will be able to subscribe to the price information and master data of Croatian companies in real time and in the data quality they are accustomed to. Regardless of the local trading system, international customers will receive the price data and master data of companies from 13 markets via one uniform interface. For the local markets, this creates transparency and raises their international recognition. For the Vienna Stock Exchange, the CEE stock market network expands.

Monday, November 24, 2014

Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) signed a capital markets agreement at the UKTI and the Emerging Capital event held at the Nigerian Stock Exchange. The objective of the agreement is to strengthen cooperation and promote mutual development between the two exchanges.  The agreement supports African companies seeking dual listings in London and Lagos.

Wednesday, November 19, 2014

Deutsche Börse Market Data + Services announced that it will begin disseminating fixed income indices and bond pricing data from African countries starting on 24 November 2014. Concerto African Bond Indices are the first independent index family to measure pan-African local currency sovereign bond performance. The indices are calculated and maintained by Germany-based Concerto Financial Solutions.

Wednesday, November 19, 2014

Montréal Exchange Inc. (MX), Canada’s national derivatives exchange, is hosting the 15th Canadian Annual Derivatives Conference (CADC), a two-day event beginning today in Québec City. The CADC is Canada’s premier derivatives conference, providing an interactive and lively forum for attendees from across North America and Europe to share perspectives on the latest industry developments.

“CADC 2014 covers a wide variety of important topics impacting the derivatives business both here in Canada and around the world,” said Alain Miquelon, President and CEO, Montréal Exchange and Group Head of Derivatives, TMX Group. “MX is proud to once again provide a forum for all of our stakeholders to exchange ideas and work together toward strengthening Canada’s derivatives markets well into the future.”

This year’s program covers a diverse range of topics, from Canada’s housing market and overall economic outlook to the futurization of interest rate SWAPs and the latest developments in regulation and clearing. Panel discussions will also include discussions on algorithmic trading and the increasing demand for risk management and trading analytics.

Wednesday, November 19, 2014

Pages