Deutsche Börse and Eurex published their White Paper entitled “The Global Derivatives Market – A Blueprint for Market Safety and Integrity”. The current political and regulatory debate in both the U.S. and Europe is an intensive discussion on how to better safeguard financial market stability as one of the necessary consequences of the financial crisis. The aim of the paper is to contribute to this debate by laying out a market structure blueprint that effectively reduces systemic risk.
Strate Ltd, South Africa’s Central Securities Depository (CSDs) has become the latest and first non-European member of Link Up Markets, the joint venture created in 2008 by CSDs to improve efficiency and reduce costs of post-trade processing of cross-border securities transactions.
On 30 September 2009, the Warsaw bourse will launch CATALYST – the first organized market in debt securities in Poland and a unique such market in Central and Eastern Europe. The new system will facilitate and optimise corporate and municipal bonds issuance.
Dubai Financial Market (DFM) and The Hawkamah Institute for Corporate Governance (Hawkamah) announced the signing of a Memorandum of Understanding (MoU) to increase public awareness with regards to corporate governance and its implementation in the UAE.
NYSE Euronext (NYX) today announced that its subsidiary, the New York Stock Exchange, will form an independent advisory commission to examine U.S. corporate governance
Euroclear UK & Ireland (EUI) will implement a new trade-netting tariff in November 2009.
The Scila market surveillance system has been chosen by derivatives market EDX London (EDX).
“Guidelines No.8 of the Shenzhen Stock Exchange on Information Disclosure of Listed Companies-Derivatives Investment” was released by the Shenzhen Stock Exchange on August 28, requiring that companies listed on the Main Board shall establish the effective risk control system for derivatives investment and take the reasonable risk management measures to conduct the effective monitoring and risk assessment in respect of derivatives value changes, timely expose the relevant information of derivatives investment to the public.
Singapore Press Holdings (SPH), Singapore Exchange Limited (SGX) and FTSE Group (FTSE) will launch the new FTSE ST Maritime Index on 1 September 2009.
The launch of the FTSE ST Maritime Index reflects the strength of the maritime component of companies in the energy, offshore and shipping industries listed on SGX; and underlines the Exchange’s efforts in enhancing this sector.
NASDAQ OMX Stockholm AB, part of the NASDAQ OMX Group (NASDAQ:NDAQ) reports that the NASDAQ OMX Nordic and NASDAQ OMX Stockholm Boards of Directors have approved implementation of revisions in its takeover rules and listing requirements. The revisions will be effective October 1st 2009.