All financial organisations, including listed legal entities, will need to comply with the new global Legal Entity Identifier (LEI) requirements in order to manage counterparty risk.
The NASDAQ OMX Group (Nasdaq:NDAQ) announced that Boerse Stuttgart has selected NASDAQ OMX's world renowned Genium INET trading technology to power its market. The current Stuttgart market model will be fully supported by NASDAQ OMX market technology—the international "de-facto standard" for exchange system technology—which will strengthen the bourse's technological power of innovation. The go-live date is planned for 2015.
NYSE Euronext (NYX), the leading global operator of public financial markets, announced a strategic partnership with ACE, a leading transaction management platform for private placements of equity, debt and other securities. NYSE Euronext and ACE will establish an independent technology backbone for new issuances of private securities, with the goal of bringing greater transparency and efficiencies to the private market, just as NYSE Euronext has brought to the public market.
Regulators from the Asia-Pacific region came together to bolster cross-border cooperation in market surveillance at the ‘Market Integrity Forum’ and a closed-door ‘Regional Regulators Dialogue on Market Surveillance’, jointly hosted by the Securities Commission Malaysia (SC) and the Australian Securities and Investments Commission (ASIC) in Kuala Lumpur recently.
The Stock Exchange of Hong Kong Limited (the Exchange) issued a guidance letter for long suspended companies. The letter sets out the current practice and rationale for the continued suspension of companies and discusses the criteria for resumption of these long suspended companies.
Singapore Exchange (SGX) announced new Mainboard admission rules and continuing listing obligations for mineral, oil and gas (“MOG”) companies.
Moscow Exchange (MOEX) announces its IFRS results for the three months ended 30 June 2013. Strong earnings were driven by growth across our highly diversified business, particularly by derivatives and money-market products.
- Operating income rises 4.3% in the first half of 2013. All business areas contributed to this growth, particularly the international business of Payment Services
- Earnings before interest and tax (EBIT) amount to CHF 116.6 million (-67.5%). Adjusted by the gain on disposal of the Eurex investment in 2012, EBIT increases 25.2% or CHF 23.5 million compared to the previous year. All business areas have improved their results
- Group net profit stands at CHF 93.1 million (-72.3%). Adjusted by the gain on disposal of Eurex, Group net profit improved by 31.9% or CHF 22.5 million in comparison with the previous year
- SIX is reporting in accordance with the International Financial Reporting Standards (IFRS) for the first time. The previous year's figures have been adjusted accordingly for the purposes of comparison
TMX Group announced the launch of a new analytics feed for options traded on Montréal Exchange Inc. (MX), a wholly-owned subsidiary of TMX Group Limited and Canada's derivatives exchange. TMX Datalinx, the information services division of TMX Group, will make the new feed available to the options trading community through the TMX Atrium global network and other content distributors.
Hong Kong Exchanges and Clearing Limited (HKEx) welcomes the listing of the ChinaAMC CES China A80 Index Exchange Traded Fund (ETF), the first ETF on an index from China Exchanges Services Company Limited (CESC), HKEx’s joint venture with the Shanghai and Shenzhen stock exchanges.