SIX Swiss Exchange makes X-stream INET, the worlds' most advanced trading technology, available to all its trading segments. Consequently, co-location is now also available for participants active in ETFs, ETSFs, Sponsored Funds, ETPs, CHF Bonds, International Bonds and Structured Products (on Scoach Switzerland). Co-location provides latency-sensitive participants with the fastest possible connection to SIX Swiss Exchange regardless of their physical location.
* Some of South Africa’s largest financial institutions, including banks, fund managers and the Johannesburg Stock Exchange (JSE), explore collateral optimisation services to efficiently manage collateral within the South African market;
* The service is offered by Strate, South Africa’s Central Securities Depository (CSD), in partnership with Clearstream, the International CSD (ICSD) and national CSD group; and
* The service looks to optimise the use of collateral to meet growing local and international regulatory requirements, such as Basel III, Solvency II and Regulation 28 of the Pension Funds Act.
Net revenue of €458 million
Operating costs of €236 million excluding exceptional items
Option to settle with OFAC results in a provision
Adjusted EPS of €0.83
Interest burden significantly reduced due to refinancing
- In compliance with the European Regulation EMIR, BME has separated the exchange activity from the CCP activity
- BME Clearing will include the clearing of cash markets
The National Clearing Centre (NCC) was assigned the Russia"s first qualified central counterparty (CCP). The CBR made decision on 18 October to recognize the NCC"s management quality as the one meeting the requirements for credit organizations acting as CCPs
Singapore Exchange (SGX) is developing Asia’s first electricity futures market with a targeted launch by end-2014, subject to regulatory approval.
In light of finalizing NILEX listed companies all their financial and execution disclosure material, the Egyptian Exchange decided to extend its trading hours to be 4 hours starting Monday 7th, October 2013 trading session.
Singapore Exchange (SGX) is introducing Asian foreign exchange (FX) futures for deliverable and non-deliverable Asian currencies from 11 November 2013. Futures contracts for six currency pairs, AUD/USD, AUD/JPY, USD/SGD, INR/USD, KRW/USD and KRW/JPY, will be launched initially.
Oslo Børs VPS has decided to introduce T+2 with effect from 6 October 2014. This means that securities will be settled on the investor’s account in VPS two days after the transaction has taken place and consequently that the seller will receive payment after two days. Current market practice is that this process will take three days.
Deutsche Börse AG announced the purchase of a minority stake in Global Markets Exchange Group International LLP (“GMEX Group”). The company paid a single digit million GBP sum for the stake. GMEX Group is a London based exchange business focused on the launch of a suite of new products, including original Interest Rate Swap Futures contracts, derivatives indices and emerging markets exchange business partnerships enabled by multi-asset trading technology.