EuroCCP announced it has introduced an enhanced billing feature that provides a new level of cost transparency to its customers. The new feature enables customers to easily aggregate trading and clearing costs into a single unit to arrive at an all-inclusive cost of trading, clearing and settlement.
CME Group Inc. (Nasdaq: CME), the world's leading and most diverse derivatives marketplace, and Dow Jones & Company announced the launch of the new joint venture company, CME Group Index Services LLC. CME Group has a 90 percent ownership interest and Dow Jones has a 10 percent ownership interest in the new company, which continues to do business as Dow Jones Indexes and includes the Dow Jones Industrial Average as well as approximately 130,000 index properties.
Deutsche Börse is expanding its Xpect offering to include longevity data and indices from England and Wales. In 2008, Deutsche Börse’s business segment Market Data & Analytics started delivering monthly data on life expectancy and mortality risks in Germany and the Netherlands, broken down according to region, year of birth and gender.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that two new exchange traded funds (ETFs) based on NASDAQ OMX's PHLX Semiconductor SectorSM index (SOX) have been introduced by Direxion Shares. The new ETFs are leveraged Bull and Bear index funds that seek 300% of the daily performance, or 300% of the inverse of the daily performance (before fees and expenses), of the PHLX Semiconductor Sector index, the most widely recognized index investors use to track the semiconductor industry.
Russell Investments and The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that NASDAQ OMX(R) has been selected as the primary source of real-time index values for all of Russell's equity indexes via RussellTick(TM), a new proprietary data service. Developed by NASDAQ OMX, RussellTick will offer investors and traders worldwide real-time access to Russell Index values, including the industry-leading U.S. small-cap Russell 2000(R) Index and U.S. broad-market Russell 3000(R) Index
Eurex, the international derivatives exchange, announced that it has received regulatory exemption from the Autorité des marchés financiers (AMF) in Québec to offer its full suite of products in the province of Québec, Canada.
National Stock Exchange of India Limited (NSE) and Singapore Exchange (SGX) have signed a Memorandum of Understanding (MOU) to cooperate in the development of a market for India-linked products.
Under the MOU, both exchanges aim to explore future collaboration in the expansion, development and promotion of India-linked products and services to be listed on SGX. Subject to regulatory approval, these products may include equity products and other asset classes. The two exchanges also will look into a bilateral securities trading link to enable investors in one country to seamlessly trade on the other country’s exchange.
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P.Morgan and BNP Paribas, announced today that it is launching a new service solution designed to help traders and other market users access, interpret and navigate the post trade data published by European dark trading venues.
Overseas investor participation in the securities market of Hong Kong Exchanges and Clearing Limited (HKEx) remained high despite the market downturn during the global financial crisis, according to HKEx's Cash Market Transaction Survey 2008/09 (covering HKEx's securities market turnover from October 2008 to September 2009).
The National Stock Exchange of India (NSE), the largest stock exchange in India, and CME Group, the world’s leading and most diverse derivatives marketplace, announced cross-listing arrangements, including license agreements covering benchmark indexes for U.S. and Indian equities. The parties have also entered into a Memorandum of Understanding with respect to other areas of potential co-operation, including related to development and distribution of financial products and services.