The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced the iShares PHLX SOX Semiconductor Sector Index Fund (Nasdaq:SOXX), the first unlevered exchange-traded fund (ETF) based on the PHLX Semiconductor Sector Index(SM) (Nasdaq:SOX), will commence trading on the NASDAQ Stock Market(R) on October 15. This ETF is designed to track the performance of the PHLX Semiconductor Sector Index, the most widely recognized benchmark investors use to track the semiconductor industry. The index is a known institutional benchmark and is the underlying index for 27 structured products, 3 ETFs, an index option and an ETF option.
Taiwan Stock Exchange Corporation (“TWSE”) and FTSE Group (“FTSE”), announce that the leading domestic TSEC Taiwan Index Series will be renamed FTSE TWSE Taiwan Index Series. The new name will take effect from 3, January 2011.
The Bermuda Stock Exchange (“BSX”) announced that it will host the Americas’ Central Securities Depositories Association’s (“ACSDA”) General Assembly in March 2011.
In the future, the price data of the stock exchange of Macedonia (Macedonian Stock Exchange, MSE) will be disseminated in real time via the datafeed Alliance Data Highway (ADH) of the Vienna Stock Exchange, member of the CEE Stock Exchange Group (CEESEG AG). The agreement sealing the cooperation was signed by Ivan Steriev, CEO of MSE, and Michael Buhl and Heinrich Schaller, Management Board Members of Wiener Börse AG and CEESEG AG.
Cinnober and Borsa Italiana-part of the London Stock Exchange Group-announce the extension of the license and support agreement for the real-time market data system DDM Plus for one more year until the end of 2011.
NASDAQ OMX (NASDAQ:NDAQ) announces that it has launched a clearing service for the repo market together with market participants. As a result of an agreement between the Swedish Money Market Council and NASDAQ OMX, the entire Swedish Interbank repo market will ultimately be cleared through NASDAQ OMX Stockholm AB.
BM&FBOVESPA launches an unprecedented product in Brazil on October 5, 2010. As of this date, the exchange will offer investors unsponsored Level 1 Brazilian Depositary Receipts (BDRs) - receipts for foreign shares. This first lot is for BDRs representing 10 companies: Apple Inc., Google Inc., Bank of America Corporation, Arcelor Mittal, Goldman Sachs Group Inc., Avon Products Inc., Wal-Mart Stores Inc., Exxon Mobil Corporation, McDonald’s Corp. and Pfizer Inc. . All of these are listed on U.S. exchanges. Germany’s Deutsche Bank S.A. is the financial institution responsible for the issue of these receipts.
As of Monday, 11 October, around 700 corporate bonds will again be tradable via the fully electronic trading system Xetra. Due to an interim injunction issued by the Frankfurt Regional Court on 5 January, the securities had to be suspended from Xetra trading. Following the court hearing on 5 October, the Higher Regional Court of Frankfurt lifted the interim injunction issued by the Frankfurt Regional Court.
NYSE Technologies, the global commercial technology unit of NYSE Euronext, and Grupo Bolsa announced that the cash market operated by the Mexican Stock Exchange, BMV, and the derivatives market operated by MexDer have successfully completed the rollout of the NYSE Technologies Common Customer Gateway (CCG). As the NYSE Technologies flagship FIX connectivity solution, CCG offers robust and scalable connectivity to customers with one common front end, enhancing speed and efficiency in trading across markets and asset classes.
TMX Group Inc. announced that it has submitted regulatory filings to create a new alternative trading system (ATS). TMX SelectTM, which is a wholly-owned subsidiary of TMX Group, will offer a visible marketplace for trading equity securities. The new trading system will operate on TMX Group’s high-performance TSX Quantum® trading platform, with functionality and pricing models separate and distinct from Toronto Stock Exchange and TSX Venture Exchange.