The Istanbul Stock Exchange and Muscat Securities Market (MSM) signed a Memorandum of Understanding (MoU) in Muscat, OMAN on December 27, 2009. The MoU was signed by Mr. Hüseyin Erkan, ISE Chairman & CEO, and Mr. Ahmed Saleh Al-Marhoon, Director General of MSM.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, is expanding its previously announced agreement with Morningstar, Inc. (Nasdaq:MORN), a leading provider of independent investment research, to provide comprehensive analyst research reports on NASDAQ-listed companies. In June 2009, NASDAQ OMX and Morningstar entered into an exclusive agreement for Morningstar to provide basic equity research profile reports on all NASDAQ-listed companies.
Singapore Exchange Limited (SGX) is extending its Derivatives Trading (DT) hours for contracts with T+1 sessions to accommodate growing international demand for Asian equity derivatives.
The Securities, Commodities and Futures Exchange - BM&FBOVESPA is working with SunGard to expand the automated clearing support for BM&FBOVESPA’s financial and agricultural futures and options exchange-traded derivatives within SunGard’s GMI clearing and accounting solution. SunGard’s collaboration with BM&FBOVESPA will provide US-based FCMs with the ability to process and clear BM&FBOVESPA trades using GMI, as well as establish direct BM&FBOVESPA clearing member connectivity with SunGard’s post-trade solutions.
NYSE Technologies, the commercial technology unit of NYSE Euronext (NYX), announced the successful launch of enhancements to its super-low latency market data platform specifically designed for the Tokyo Stock Exchange's new Arrowhead trading platform. As the new equities trading system for the Tokyo market, Arrowhead has been implemented to support increased trading volumes and the performance demands of ultra-fast electronic trading strategies. The new market technology offers new and enhanced data feeds to the industry and NYSE Technologies has successfully launched support for these new feeds on its high performance market data platform.
NYSE Arca, NYSE Euronext’s all-electronic U.S equities exchange and already one of the fastest equities markets, is further speeding up its order execution time with the implementation of the company’s Universal Trading Platform. NYSE Arca customers are experiencing roundtrip executions of 650 microseconds for Nasdaq-listed issues, and 950 microseconds for NYSE- and NYSE Arca-listed issues, which generally have deeper books and more orders.
The Brazilian Securities, Commodities and Futures Exchange begins, on 4 January 2010, to calculate and disclose the BM&FBOVESPA Financial Index, in real-time. This is the Exchange’s 15th stock index and it will trade under the ticker symbol IFNC.
As of 4 January 2010, the Warsaw Stock Exchange will start calculating and publishing a new sector sub-index - WIG-energy.
The WIG-energy sub-index will complete the family of sector sub-indices, which comprises the following areas: banking, construction, chemical, developers, IT, media, food, oil & gas and telecommunication.
Mr. Kim, Bongsoo has been appointed as the Chairman & CEO of Korea Exchange for a three-year term, effective 30 December 2009. As the first CEO coming from the private sector, Mr. Kim held various positions in the securities industry prior to joining the KRX. His career in the industry began at the Ssangyong Securities Company in 1976.
The Tokyo Stock Exchange (TSE) announces that it has decided to launch "arrowhead", the new equity/CB trading system held to the world’s highest standards of speed and reliability, on Monday, January 4, 2010 as initially planned. This is in line with the TSE's previous announcement that it will make the final decision of the system launch upon implimenting the final transition operation.