Chi-East, a joint venture of Chi-X® Global Inc. and Singapore Exchange Limited (SGX), and LCH.Clearnet Limited (LCH.Clearnet) announced that Chi-East will appoint LCH.Clearnet as the central clearing facility for its pan-Asian, non-displayed trading platform, scheduled to launch in mid-2010.
The international derivatives exchange Eurex successfully launched its new system Release 12 on Monday. Among the most important changes coming with the release are two links to other international exchanges, further significant improvements in clearing, new functionalities for trading, and partly new programmed software components to further reduce latency.
As previously announced, Oslo Børs is launching a new regulated marketplace known as Oslo Connect for trading in non-standardised derivatives (OTC derivatives). The new marketplace will be fully operational from Wednesday 18 November.
NASDAQ OMX Baltic, part of the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), announced its intention to create a new single marketplace to trade shares listed on the regulated markets NASDAQ OMX Tallinn, NASDAQ OMX Riga and NASDAQ OMX Vilnius. The Euro will be the trading and settlement currency for the marketplace scheduled to launch in the first half of 2010, subject to member readiness and necessary approval from local authorities.
NASDAQ OMX Nordic, part of The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), has agreed with Swedbank and SEB to acquire their minority stakes in the NASDAQ OMX Tallinn exchange. At the same time, other local minority shareholders have also sold their stakes in NASDAQ OMX Tallinn to NASDAQ OMX, bringing NASDAQ OMX's ownership in NASDAQ OMX Tallinn to 93 percent. In connection with this deal, SEB has also sold its 1.2 percent stake in NASDAQ OMX Vilnius to NASDAQ OMX. NASDAQ OMX's goal is to reach 100 percent ownership in all NASDAQ OMX's Baltic entities in the near future. Terms of the transaction were not disclosed.
Hong Kong Exchanges and Clearing Limited (HKEx) has enriched the content of the Price Reporting System (PRS), the system HKEx uses to transmit real-time derivatives market data to end-users through authorised information vendors.
Hong Kong's Exchange Traded Fund (ETF) market further expands with a series of five Mainland A-share industry sector ETFs setting to debut on Wednesday, 18 November on the Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx).
The Collective Products Market has been launched. The stocks of investment trusts, real estate investment trusts, venture capital trusts and the participation certificates of exchange traded funds, which were previously traded on the National Market of the Istanbul Stock Exchange is now trading in the newly established “Collective Products Market”.
The Options Clearing Corporation (OCC) announced its web site, www.optionsclearing.com, has been redesigned and updated with an innovative and original design, improved navigation, robust content, and expanded reports to meet the needs of investors, market participants and the 13 exchanges and platforms for options, futures and securities lending transactions OCC serves.
After years of elaborate preparations and several tests on the whole market, the New Generation Trading System of the Shanghai Stock Exchange (SSE) will be put into operation as a substitute for the existing one on November 23, 2009 upon approval by the China Securities Regulatory Commission. Systems directly connected to the SSE such as that of the securities companies will be simultaneously switched at that time.