Singapore Exchange (SGX) and Eurex, Europe’s largest derivatives exchange, announced today that they are partnering to launch the SGX EURO STOXX 50 Index futures and options on futures for the first time in Asia. The partnership is based on a license agreement between the global index provider STOXX Limited and SGX.
NYSE Euronext (NYX) today announced that it is creating the first pan-European Multilateral Trading Facility (MTF) for corporate bonds, making it the first market operator to respond to the specifications issued by the Cassiopeia Committee on 26 April 2010.
The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) has signed an agreement to acquire SMARTS Group, the world-leading technology provider of market surveillance solutions to exchanges, regulators and brokers. This acquisition is part of NASDAQ OMX’s strategy to diversify its commercial technology business and enter the broker surveillance and compliance market. SMARTS will be part of the NASDAQ OMX Market Technology business, which delivers technology to over 70 marketplaces in more than 50 countries.
The Stock Exchange of Thailand (SET) is developing a trading system in close cooperation with brokerages that will support all securities products and smoothly connect with foreign exchanges. This new system will support the needs of domestic and foreign investors, increasing business opportunities for securities companies, and enhancing the Thai capital market competitiveness in the global arena, according to the SET IT Master Plan.
Foreign ownership of shares listed on the Spanish stock exchange continues increasing and now accounts for 40% of the value of Spanish listed shares, according to the latest report on share ownership structure in Spain recently released by BME’S Research Department with data as of 31 December 2009. This figure, which is 7.5 basis points higher than that at year-end 2006, is the highest on record. Since this data started being collected in 1992, share ownership by non-resident investors has never dropped below 30%, as a result of the ambitious two-decade process of integration of the Spanish economy into the international arena and evidence of non-resident investors’ trust in the Spanish equity markets.
Singapore Exchange (SGX) and the London Metal Exchange (LME) today said they are jointly developing cash-settled mini monthly metals futures contracts to be traded and cleared through SGX.
Taking into consideration the time required for the member companies to develop or upgrade their system, the Korea Exchange (“KRX”) decided to launch the trading of Mini Gold Futures, the first mini-sized futures contract in Korea, on September 13, 2010.
London Stock Exchange Group (LSEG) and India's National Stock Exchange (NSE) today signed a Letter of Intent to evaluate joint strategic business opportunities, and to co-operate together more closely in the future.
Istanbul Stock Exchange introduces the “Warrants Market”. Prof. Vedat AKGIRAY, Capital Markets Board of Turkey (CMB) Chairman; Mr. Hüseyin ERKAN, Istanbul Stock Exchange Chairman & CEO; Mr. Murray ROOS, Deutsche Bank AG London Head of Equities for Central and Eastern Europe, the Middle East and Africa; Mr. Ilhami KOÇ, Iş Investment General Manager and prominent representatives from the finance and business sectors participated in the warrant launch meeting held today.
Istanbul Stock Exchange (ISE) and Business Council for Sustainable Development Turkey signed a Memorandum of Understanding (MoU) and initiated the “ISE Sustainability Index” Project in a joint press meeting