Deutsche Börse is to launch a new index on 4 January that tracks the performance of listed family businesses. The DAXplus family index comprises German and international companies from the Frankfurt Stock Exchange’s Prime Standard in which the founding families hold at least a 25 percent share of the voting rights or sit on the management or supervisory board and hold at least a 5 percent share of the voting rights. 113 businesses currently qualify for the index. The DAXplus Family 20 index comprises the 20 largest and most liquid shares of the DAXplus Family index.
Deutsche Börse AG and SIX Group announced today that they have signed definitive agreements under which they will become sole operators of the Swiss index provider Stoxx Ltd. for a total consideration of €206.1m in cash, comprised of €132.1m for Dow Jones & Company’s one-third stake and €74m for certain intellectual property rights acquired by Stoxx. There will be the opportunity for Dow Jones & Company to earn up to a further €29.0m depending on business performance, with any payment to occur by mid 2011. The total consideration will be borne pro-rata by Deutsche Börse and SIX Group.
NYSE Euronext (NYX) and Larrain Vial announced that NYSE Technologies, the commercial technology division of NYSE Euronext, has been selected to develop a next-generation electronic trading platform that will allow LarrainVial’s customers around the world to send orders directly to The Santiago Stock Exchange, making them the first to offer world-class Direct Market Access (DMA) connectivity to Chile.
Deutsche Börse has added more new members to its international DAXglobal® index family. The DAXglobal Coal, DAXglobal Gold Miners, DAXglobal Shipping and DAXglobal Steel indices allow investors to participate in the growth of the global commodity markets and international trade.
Force10 Networks, Inc., the global technology leader that data center, service provider and enterprise customers rely on when the network is their business, announced that the NYSE Euronext has selected its high-performance 10 Gigabit Ethernet (10 GbE) core and access switches to power the management network in their next-generation data centers in the greater New Jersey and London metro areas. NYSE Euronext has deployed the Force10 C-Series resilient switches and the S-Seriesaccess switches to power the mission-critical, 10 GbE command-and-control management network designed to ensure that billions of customer transactions and quotes are handled seamlessly on a daily basis across its global trading platforms.
London Stock Exchange Group announced details of a significant expansion to its Exchange Hosting service. Due to high customer demand an entire floor of the Group's central London data centre has been dedicated to clients wishing to host their servers there. The expanded facility will increase cabinet capacity fivefold, providing the fastest possible access to the Exchange's trading and real-time information services. In addition, a range of new services will be offered, including low latency market data from other exchange venues and MTFs.
Bursa Malaysia introduced Direct Market Access (DMA) for the equities market which is aimed to enhance trading efficiency and accessibility for market participants. With this, the Exchange will be providing a complete DMA infrastructure for both the equities and derivatives markets. The DMA for derivatives market was successfully launched in April 2008.
The Johannesburg Stock Exchange (JSE) has moved a step forward in its already strong support of corporate and investor decision-making which includes environmental, social and corporate governance factors as well as traditional business issues. Today, the exchange announced it has become a signatory to the United Nations Principles of Responsible Investment (UN PRI), an initiative which aims to help the global financial services industry towards responsible investment. The JSE is one of the first stock exchanges worldwide to sign the agreement.
The Tokyo Stock Exchange approved the listing of the "NEXT FUNDS S&P CNX Nifty Linked Exchange Traded Fund" managed by Nomura Asset Management Co., Ltd.. The ETF is planned to be listed on Thursday, November 26, 2009.
CME Group, the world's largest and most diverse derivatives marketplace, announced that it has substantially completed the integration of NYMEX and COMEX. The company also confirmed that it is on track to deliver an estimated $60 million in cost synergies associated with the August 2008 acquisition.