Toronto Stock Exchange ("TSX"), a member of TMX Group (TSX: X), announced that it has received approval from the Ontario Securities Commission ("OSC") for changes to its rules governing public company acquisitions. Effective November 24, 2009 (60 days from today), TSX listed issuers will be required to obtain security holder approval for public company acquisitions that will result in the issuance of 25% or more of their issued and outstanding securities (on a non-diluted basis).
The International Securities Exchange (ISE) announced that dual currency conventions are now available for four currency pairs in its portfolio of ISE FX Options. The "in US$" currency convention, typically used in the FX spot market, is now available alongside ISE's USD-based currency convention for options on the Australian dollar, British pound, Euro and New Zealand dollar.
NYSE Euronext (NYX) announced that its proposal for the expansion of the Securities and Exchange Commission’s (SEC ) Penny Pilot program, filed by NYSE Arca options, has been approved for market-wide implementation by the SEC . The approval will extend the proposed pilot through December 31, 2010, including four quarterly additions to the pilot consisting of 75 issues each.
Jasdaq Securities Exchange, Inc. (Jasdaq) started using a trading system of Osaka Securities Exchange Co., Ltd. (OSE).
Clearstream, the international central securities depository (ICSD) within Deutsche Börse Group, is expanding its presence in Asia Pacific by opening a new branch in Singapore by the end of the year, pending regulatory approval by the Luxembourg and Singapore authorities.
NYSE Arca Europe adds 334 large and mid cap stocks to its current instrument list, further broadening its proposition covering13 leading European indices.
The CBOE Stock Exchange, LLC (CBSX) today announced that the Exchange will significantly reduce its fee for taking liquidity, beginning on October 1, 2009.
Deutsche Börse is promoting a price model for its pan-European trading segment “Xetra International Market” (XIM) that offers a considerable incentive to supply liquidity. Xetra participants that place orders and achieve a certain percentage of the trading volume in their role as liquidity providers will receive payment of 0.36 basis points (equivalent to 0.0036 percent) on the volume executed.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced the introduction of the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM) (Nasdaq:QGRD), a new benchmark for the smart grid and electric infrastructure sector. The NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index is a modified market-capitalization index and includes companies that are primarily involved in electric grid; electric meters, devices and networks; energy storage and management; and enabling software used by the smart grid and electric infrastructure sector.
On 21 September 2009, the Polish Financial Supervision Authority approved changes in WSE Alternative Trading System Regulations which will allow to launch the unregulated Catalyst bond markets on 6 October 2009. The regulated Catalyst markets will open on 30 September 2009.