BM&FBOVESPA implemented on September 27 a new +/- 15% limit on price fluctuations in shares, ETFs and other assets traded on the spot market. Named the intraday limit, the new tool will establish minimums and maximums, based on a reference price for each asset.
The Vienna Stock Exchange launched three new indices : ATX Net Total Return (ATX NTR), CECE Net Total Return (CECE NTR) and RDX Net Total Return (RDX NTR). All three indices are so-called net dividend indices: these are capitalization-weighted performance indices in which the net dividend (gross dividend after deducting any country-specific taxes and charges) is reinvested. This means that the indices reflect the complete development of the value of the underlying stock portfolios. The composition of the new indices corresponds to those of the ATX, the CECE Composite and the RDX.
NYSE Euronext (NYX) released the final report of the NYSE–sponsored Commission on Corporate Governance. The Commission on Corporate Governance, chaired by Larry W. Sonsini, Chairman of Wilson Sonsini Goodrich & Rosati, is a diverse and independent commission established in the fall of 2009 to examine core governance principles that could be widely supported by issuers, investors, directors and other market participants.
With the growing international awareness of Africa’s prospects, now is the time to invest in the continent, says Sunil Benimadhu, newly appointed President of the African Stock Exchange Association (ASEA) and CEO of the Stock Exchange of Mauritius. “It has become clear that perceptions are changing,” says Benimadhu. “The African continent is now being seen as presenting opportunities.”
(11 October 2010, Paris) Chairmen and Chief Executives from more than 68 of the world’s leading exchanges gathered in Paris this week for the 50th General Assembly and Annual Meeting of the World Federation of Exchanges (WFE <http://www.world-exchanges.org/> ). This assembly represents the largest and most widely attended gathering of global exchange leaders.
Gielda Papierów Wartościowych w Warszawie S.A. (“Warsaw Stock Exchange,” the “Exchange” or the “Company”), the largest national stock exchange in Central & Eastern Europe (“CEE”), announces its intention to conduct an Initial Public Offering and to list up to 26,786,530 ordinary bearer series B shares with a nominal value of PLN 1.00 each on the Main Market of the Warsaw Stock Exchange (the “Offering”). The shares are being offered by the State Treasury of the Republic of Poland.
The Stock Exchange of Thailand (SET) has created the Steel Sector under the Industrials Industry Group to reflect the importance of listed companies in the steel business and benefit research and investment decision-making. The SET will move 27 listed companies to this new Sector, starting on January 4, 2011.
Deutsche Börse Commodities GmbH launched Xetra-Gold in the UK. Xetra-Gold is an exchange-traded security in the form of a bearer note (ISIN: DE000A0S9GB0) which is always 100 percent backed by gold.
CME Group, the world's leading and most diverse derivatives marketplace, announced the launch of NASDAQ-100 weekly options beginning October 18, 2010. These contracts will be listed with, and subject to, the rules and regulations of the CME.
The Philippine Stock Exchange (PSE) and NYSE Technologies, the commercial technology division of NYSE Euronext, jointly announced the successful migration of the PSE to NYSE Technologies’ NSC V900 trading platform. The new innovative trading infrastructure will enhance PSE’s product range, trading performance and volume capacity.