The ISE is to require Irish listed companies to comply or explain against the provisions of the UK Corporate Governance Code. Additional corporate governance provisions arising from the recommendations contained in the report on Compliance with the Combined Code on Corporate Governance by Irish listed companies (“the ISE/IAIM Commissioned Report”)1 will come into force later this year. These requirements are outlined in the feedback statement on proposed changes to the ISE Listing Rules relating to corporate governance published.
CME Group, the world's leading and most diverse derivatives marketplace, announced the launch of trading and clearing services for iron ore 62% Fe, CFR China (Platts) swap futures, reflecting changing dynamics in the global ferrous industry. Trading will be available on the New York trading floor.
KRX releases three new indices from October 1, 2010; KRX SRI Eco, KOSPI 200 Covered Call (C-KOSPI 200) and KOSPI 200 Protective Put (P-KOSPI 200). Also, KRX changes the name of KOSPI 200 Volatility Index from 'VKOSPI' to 'V-KOSPI 200'.
The Johannesburg Stock Exchange (JSE) has introduced a Swiss Franc currency derivative contract to its existing portfolio of currency derivative contracts. The addition gives South African investors exposure to this European currency.
Prof. Linda de Beer has been appointed chairman of the Consultative Advisory Group (CAG) to the International Auditing and Assurance Standards Board (IAASB). The IAASB CAG is an independent body and provides the forum in which the representatives of its various member organizations—including regulators, preparers, and others with an interest in international auditing and assurance—provide advice on technical and public interest matters relating to the drafts of IAASB standards and strategy. The IAASB is an independent standard-setting board that establishes in the public interest International Standards on Auditing (ISAs) and other pronouncements for use by professional accountants around the world.
The United States Securities and Exchange Commission (U.S. SEC) has recognised Bursa Malaysia Securities Bhd. and the electronic trading platform operated by Bursa Malaysia Bonds Sdn. Bhd. as a "Designated Offshore Securities Market" under Regulation S of the United States (U.S.) Securities Act of 1933.
NASDAQ OMX Group, Inc, announces that it will introduce updated Volatility Guards on its Nordic and Baltic equity markets to protect investors and listed companies during times of volatile market conditions.
In 2009, companies on the London Stock Exchange’s growth market AIM contributed a total of £21 billion to UK GDP and supported 570,000 jobs through direct, supply chain and multiplier effects, but greater fiscal incentives and fewer restrictions are needed to stem net outflows of capital from small caps and enhance the economic benefits delivered by the sector, according to a report by Grant Thornton, commissioned by the London Stock Exchange.
Hong Kong Exchanges and Clearing Limited (HKEx) plans to introduce trading of HSI Dividend Point Index Futures (HSI Dividend Futures) and HSCEI Dividend Point Index Futures (HSCEI Dividend Futures) on Monday, 1 November, subject to regulatory approval.
The World Federation of Exchanges (WFE) announced that the recipient of the WFE Award for Excellence this year will be Bengt Ryden, former Chief Executive Officer of the Stockholmsbörsen.