Euroclear UK& Ireland (EUI), in cooperation with London Stock Exchange, BATS Chi-X Europe, the Irish Stock Exchange and Turquoise, will shorten the standard securities settlement cycle for the Irish and UK capital markets to T+2 in October next year.
Hong Kong Exchanges and Clearing Limited (HKEx) and Singapore Exchange (SGX) agreed to cooperate in several areas of common interest, which include promoting the internationalisation of the Renminbi by exploring joint product development; enhancing connectivity through points of presence in each other’s data centres; collaborating on technology development and regulatory issues; and may work closely in relation to extraterritorial market infrastructure regulation impacting the Asian region.
The Egyptian Exchange's Board members approved the strategy for 2013-2017.
The broad-lines of this strategy are based on dealing with the current challenges to move EGX from being an emerging markets to join the developed markets. This strategy tackles the issues of protecting investors' rights and providing them with strong and flexible legal structure to achieve more efficiency and effectiveness to the market.
Deutsche Börse Group, a leading global market infrastructure provider headquartered in the EU with global customers and operations, and Bank of China, the most internationalized and diversified Chinese bank headquartered in Beijing with comprehensive products and powerful customer networks worldwide, announced that they have signed a memorandum of understanding regarding a strategic cooperation. Under the memorandum of understanding the two parties will enter into a preferred partnership to fully explore potential cooperation’s across the value chain in their respective geographies. As part of an on-going strategic dialogue, the intention of the parties is to provide high quality products and services in order to further develop cross border business between China and the European Union.
Singapore Exchange (SGX) and the China Futures Association (CFA) are cooperating in the development of derivatives markets in China and Singapore.
Chicago Board Options Exchange, Incorporated® (CBOE®) today announced that it has created a new benchmark volatility index — the CBOE Mid-Term Volatility IndexSM (ticker: VXMTSM). CBOE began disseminating values for the new Mid-Term Volatility Index on 27 November.
IntercontinentalExchange Group (NYSE: ICE) and The Depository Trust & Clearing Corporation (DTCC) announced plans to transition the clearing of interest rate futures listed on NYSE Liffe U.S. from New York Portfolio Clearing (NYPC) to ICE Clear Europe centralizing the trading and clearing of ICE's global interest rate product portfolio. NYPC's operations will be wound down and open interest transferred by the third quarter of 2014, subject to regulatory approval.
CME Group announced that the European Securities and Markets Authority (ESMA) has approved the CME European Trade Repository as a Trade Repository (TR) under the European Market Infrastructure Regulation (EMIR).
IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, announced that the European Securities and Markets Authority (ESMA) has approved ICE Trade Vault Europe Limited (ICE Trade Vault Europe) as a Trade Repository (TR) for the reporting of swaps and futures trade data to meet requirements of the European Market Infrastructure Regulation (EMIR).
Singapore Exchange (SGX) welcomed the first Chinese Bank’s renminbi (RMB) bond to be listed and cleared in Singapore. The RMB bond is issued by Industrial and Commercial Bank of China’s (ICBC) Singapore branch. The bond issue is settled and cleared in RMB via SGX’s Central Depository (CDP).