On December 16, 2013, Korea Exchange (KRX) and Indonesia Stock Exchange (IDX) signed a Memorandum of Understanding (MOU) to pursue a continuing relationship for the mutual benefit of the financial services industry in Korea and Indonesia.
PLY: Korea Exchange (KRX) deepened their partnership with EUREX by signing an MoU to develop new financial products linked to the energy sector.
Eurex Zürich AG, a subsidiary of Deutsche Börse AG, is becoming a minority shareholder of the Taiwanese futures exchange TAIFEX.
As of 23 September, the uptick rule waiver has been expanded to around 1,200 shares eligible for margin trading on TWSE and on Gre-Tai.
Upon the advent of 13th ‘December 4th’ National Law Publicity Day, Shenzhen Stock Exchange (SZSE), China Securities Depository and Clearing Corporation Limited Shenzhen Branch, Shenzhen Securities Information Co., Ltd. jointly launched an annual online law consultation with the theme ‘To Protect the Legal Rights and Interests of Small and Medium Investors, to Build Simplified and Transparent Business Rules and Regulation System’. Unlike activities of the previous years, SZSE takes the advantage of online interaction platform of http://www.p5w.net/ for not only law and rule consultation service, but also solicitation for advice and suggestions on business rules from the market bodies. SZSE, which based on the market and open for market suggestions, emphasizes the scientific nature and democracy of rules formulation in the process of promoting rule system development.
The Budapest Stock Exchange migrated its electronic securities trading to Deutsche Börse's Xetra trading system. The Hungarian exchange is being linked to the Xetra network through the Vienna Stock Exchange, which has operated its own cash market with Xetra since 1999. Now all four stock exchanges in the CEE Stock Exchange Group (Vienna, Prague, Ljubljana and Budapest) are operating with Xetra.
TAIFEX, the Taiwan Futures Exchange, and Eurex Exchange, the international derivatives marketplace and part of Deutsche Börse Group, announced their plan to launch the Eurex/TAIFEX Link on 15 May 2014. With this link, Eurex Exchange will list TAIEX futures and options as daily expiring futures on Eurex Exchange. Derivatives on the TAIEX index are one of the most heavily traded Asian equity index contracts.
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.