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.
The international derivatives market Eurex Exchange has concluded an index licensing agreement with the Vienna Stock Exchange (Wiener Börse AG). The agreement will allow Eurex Exchange to list futures and options on well-known indices of the Vienna Stock Exchange. This means that Eurex Exchange will be able to complement its successful Austrian equity futures and equity options segment with the corresponding equity index derivatives based on the ATX and ATX five.
Deutsche Börse is improving trading on the Frankfurt Stock Exchange. It is reorienting the trading venue and will launch a new quality guarantee for trading from 1 November. In addition, all structured products will be traded under the Frankfurt Stock Exchange brand.
NASDAQ OMX (NDAQ) and Moscow Exchange (MOEX) announced the signing of a co-operation agreement. Within this agreement both exchanges will work jointly in further developing the Russian technology and biotechnology community. The aim of the co-operation is to jointly facilitate access to capital for the fast growing Russian start-up community and to promote listings at both exchanges.
LCH.Clearnet, the multi-national clearing house group, announces that Suneel Bakhshi has been appointed as its new Group Chief Executive Officer. Subject to final regulatory approval, Suneel Bakhshi is expected to join the organisation in early 2014, at which point Jacques Aigrain, interim Executive Chairman will resume his position as Non-Executive Chairman of LCH.Clearnet Group, alongside his role as Non-Executive Director of London Stock Exchange Group (‘LSEG’).
Moscow Exchange launched trading in precious metals on 21 October.
China Exchanges Services Company Limited (CESC) welcomes the listing of the first Exchange Traded Fund, or ETF, tracking its cross border CES China 120 (CES 120) Index, which is scheduled for Monday, 21 October 2013.
- Revenue: $184 million, up 15% from a year earlier
- Operating profit: $107 million, up 21%
- Net profit: $92 million, up 24%
- Earnings per share: 8.6 cents, up 24
- Interim dividend per share: 4.0 cents
Shares in Russia"s first ETF on physical gold began trading on Moscow Exchange on 17 October. The fund tracks the London Gold Fixing Price, which is set in USD every trading day. The fund"s shares are denominated in USD, while trading on the Moscow Exchange will be in RUB.
The Council adopted a directive updating transparency requirements introduced in 2004 for issuers of securities on regulated markets (37/13).