BM&FBOVESPA authorized, on August 14, 2009, flexible call and put options on soybean futures contracts for registration in its OTC market. The objective of the measure is to provide rural producers with another form of protection against soybean price variations, while at the same time facilitating crop financing on the part of financial institutions.
On September 17, the Shenzhen Stock Exchange held the first meeting for the establishment of the Index Experts Committee of Shenzhen Stock Exchange and Shenzhen Securities Information Company Limited.
Joan Hortalá, board member of BME and Chairman of the Barcelona Stock Exchange, has been appointed Vicepresident of the Federación Iberoamericana de Bolsas (FIAB) during its 36th Ordinary General Meeting, which took place on 7th and 8th September, in Lima, Perú.
The trading hours of the Istanbul Stock Exchange will be extended 30 minutes for the second session starting from October 19, 2009.
Hong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), and The National Depository Center (Closed Joint Stock Company), or NDC, which is part of the MICEX Group, an exchange operator based in Russia, signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced it has been selected as exchange technology provider to the Osaka Securities Exchange (OSE). OSE, the premier Japanese derivatives and securities exchange, will deploy a NASDAQ OMX-based platform for derivatives trading.
Since August 28, 2009, BM&FBOVESPA has been using the official prices of the London Metal Exchange (LME) as the reference for the calculation of the settlement value of the forward non-ferrous metal contracts traded at BM&FBOVESPA, and for the settlement of flexible call and put options on non-ferrous metal contracts traded in the BM&FBOVESPA OTC market.
CME Group announced the launch of trading and clearing services for 18 new ERCOT and PJM peak and off-peak futures and options contracts. Trading will be available on the New York trading floor and clearing services will be available through CME ClearPort(R), a set of flexible clearing services open to over-the-counter (OTC) market participants to substantially mitigate counterparty risk and provide neutral settlement prices across asset classes.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced the rollout of new enhancements and upgrades to its core trading technology known as INET. Recognized as the most sophisticated trading technology in the world, INET is the common technology utilized across NASDAQ OMX's U.S. and European markets. It also serves as the backbone for GENIUM, NASDAQ OMX's commercial exchange technology offering.
NASDAQ OMX Nordic, part of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced it will launch a new portfolio of Norwegian derivatives products available for trading on September 14. At launch, the offering will include 15 Norwegian single-stock derivatives, as well as contracts based on a new NASDAQ OMX index, OMXO20 (OMX Oslo 20) which includes the 20 most traded shares on Oslo Boers.