SunGard and The NASDAQ OMX Group, Inc. are offering new risk analytics for a range of selected NASDAQ OMX indexes, helping investment firms effectively manage financial risk and better respond to volatile markets. Through SunGard's APT, which provides risk modeling, reporting, risk attribution and scenario analysis capabilities, firms will be able to gain greater insight into NASDAQ OMX indexes, in turn helping enhance investment decision making.
Singapore Exchange (“SGX”) signed a Memorandum of Understanding (“MOU”) with the State-Owned Assets Supervision and Administration Commission (“SASAC”) of the Chongqing Municipal Government in China. This is SGX’s first MOU with a provincial SASAC.
The international derivatives exchange Eurex will launch a new options contract based on the EURO STOXX 50® Dividend Points (DVP) future as of 25 May 2010.
The TMX Information Processor, operated by TSX Inc., announced that it is now receiving data from all Canadian equity marketplaces and that it has finalized all requirements needed to launch.
On Thursday, April 29, 2010 a technical cooperation agreement was signed by the Brazilian Securities, Commodities and Futures Exchange – BM&FBOVESPA, the Environmental Company of São Paulo - (CETESB), the Federation of Industries of São Paulo - (FIESP), and the São Paulo Agency for Investment Promotion and Competitiveness - (Investe São Paulo). The objective of this agreement is to stimulate the development of a greenhouse gas (GHG) credit market in São Paulo. These gases include: carbon monoxide, sulfur oxides, nitrogen oxides, and volatile organic compounds.
The JSE is to introduce cash-settled soybean, soymeal and soybean oil derivative contracts based on CBOT settlement prices licensed from CME Group, the world’s largest and most diverse derivatives marketplace. The new products will allow local farmers, processors and importers to hedge their price risk against the international benchmarks. These contracts will be listed, traded and settled by the JSE, starting Monday 17 May 2010.
BM&FBOVESPA begins trading its cash-settled hydrous futures and options contracts. The new contracts with a price formation from the region of Paulínia, in the state of São Paulo, are authorized for trading with effect from the June 2010 delivery month onwards, under the ticker symbol ETH, from 9:00 a.m. to 3:15 p.m (Brazil time). The size of the contract is 30 cubic meters (30,000 liters), quoted in Brazilian reais and its expiration date in on the last business day of the delivery month. The maximum daily price fluctuation will be 6.5%, which shall be added to or subtracted from the previous day’s settlement price.
The Chicago Board Options Exchange (CBOE) announced plans to begin trading options on the S&P 500® Annual Dividend Index (ticker symbol - DIVD) on Tuesday, May 25, 2010. Initially, two annual expirations - December 2010 and December 2011 - will be listed.
NYSE Euronext announced that, subject to regulatory approval, it will commence clearing its European securities and derivatives business through two new, purpose-built, clearing houses based in London and Paris in late 2012. LCH.Clearnet Ltd in London and LCH.Clearnet SA in Paris have been informed that NYSE Euronext’s current contractual arrangements for clearing with them will terminate accordingly at that time. No termination fees or penalties will be payable.
The first foreign issuer for primary listing, Integrated Memory Logic Limited (IML) is going to be listed on the TWSE on May 18, 2010.