(Paris, 28 September 2009) The World Federation of Exchanges (WFE) Secretariat is pleased to announce the winner of the first annual WFE Award for Excellence, Prof. Robert A. Schwartz of the Zicklin School of Business at Baruch College, CUNY. The WFE Award for Excellence is presented annually in recognition of an outstanding contribution to the advancement of regulated exchange markets. The Award salutes innovation and improvement in the exchange industry’s operations which leads to greater understanding of capital markets.
Oslo Børs has chosen Scila Surveillance for their derivatives market. This makes Oslo the fourth market to take in the recently launched all-purpose surveillance system.
Buenos Aires Stock Exchange President Adelmo Gabbi has been appointed President of the Ibero-American Federation of Exchanges (FIAB), at the XXXVI FIAB General Assembly recently held in Lima, Peru.
Bolsas y Mercados Españoles (BME) has created the IBEX 35® IMPACTO DIV, which is meant to act as an underlying asset for derivative products. The index will start to be calculated and disseminated on September 30th.
Athens Exchange and Istanbul Stock Exchange jointly announce the issue of a common index. The Greece & Turkey 30 Index (GT-30), which is a customized index will be calculated, maintained and distributed by STOXX Limited, the leading provider of European equity indexes.
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.