Standard & Poor’s, the world’s leading index provider, and The Options Clearing Corporation (OCC), the world's largest equity derivatives clearing organization, announced that S&P has licensed the OCC to clear Over-The-Counter (OTC) options based on the S&P 500.
The Financial Services Authority (FSA) and the US Financial Industry Regulatory Authority (FINRA) have entered into a Memorandum of Understanding (MOU) to support more robust cooperation between the two regulators.
Oslo Bors ASA and Toronto Stock Exchange announced that they will sign a Memorandum of Understanding (MoU). Under the MoU, Toronto Stock Exchange, TSX Venture Exchange and Oslo Bors will explore joint marketing initiatives and cooperate in understanding each other's markets and regulatory regime, explore a framework to promote and facilitate dual listings on each other's exchanges, participate in joint events and roadshows, facilitate introductions to regulatory authorities and capital market professionals and participants in each other's jurisdiction, and more.
The Chicago Board Options Exchange (CBOE) announced that it has begun disseminating calculations on two new volatility benchmark indexes based on options on futures contracts presently listed on CME Group exchanges. The CBOE/NYMEX WTI Volatility Index (ticker symbol OIV) and the CBOE/COMEX Gold Volatility Index (ticker symbol GVX) are the first in a series of new volatility benchmark indexes to be created as a result of the licensing agreement between CBOE and CME that was first announced in March 2010 (www.cboe.com/AboutCBOE/PressReleases.aspx).
Singapore Exchange (SGX) said that corporate bonds for retail investors will be available, for the first time, on SGX primary and secondary markets.
A new exchange-traded index fund issued by Source has been tradable in Deutsche Börse’s XTF segment since Friday 17 September
NYSE Technologies, the commercial technology division of NYSE Euronext (NYX), announced that it has been selected by the Tokyo Stock Exchange Inc. (TSE) to build and support a new futures trading platform for the exchange. Based on the successful Tdex+ platform already trading options on the TSE since October 2009, this futures trading engine will offer best-in-class latency.
KRX releases two new sector indices, KRX Retail & KRX Leisure on September. 1, 2010.
NYSE Technologies, a leading global provider of end-to-end electronic trading solutions, announced a partnership with Eze Castle Integration to provide the hedge fund industry enhanced access to their global community of trading counterparties. Firms will now have direct connectivity to NYSE Technologies’ MarketplaceTM community of over 630 Broker-Dealers and execution destinations globally from Eze Castle Integration’s Private Network, which serves as the communications gateway for more than 300 buy-side firms.
Bursa Malaysia Derivatives Berhad (BMD), a subsidiary of Bursa Malaysia Berhad, announced that it will migrate the trading of its derivatives products, comprising commodity, financial and equity futures, onto CME Group's electronic trading platform, CME Globex®. The crossover from the current derivatives trading platform to the CME Globex® platform is scheduled for 20 September 2010, subject to a successful pre-implementation test that will be held on 18 September 2010.