Five ASEAN exchanges – Bursa Malaysia, the Indonesia Stock Exchange, the Philippine Stock Exchange, Singapore Exchange Limited (SGX) and the Stock Exchange of Thailand entered into an Accession Agreement with the Hochiminh Stock Exchange that will include the latter in a regional pact which will explore cross-border trading amongst the ASEAN capital markets via an electronic gateway. This Accession Agreement took place at the 9th ASEAN Exchanges CEOs Meeting in Kuala Lumpur of which Bursa Malaysia is the host.
Euroclear supports the changes in ownership and governance that LCH.Clearnet is realising through its shareholder rebalancing initiative.
Osaka Securities Exchange Co., Ltd. (OSE) has decided to adopt a trading platform provided by NASDAQ OMX Group, which uses the international standard trading functions and the world’s highest processing capacity after finishing the process to define requirements for its next-generation trading platform for derivatives products working since December 2008, and entered into licensing agreements with OMX Group’s OMX Technology required for system development and system operation.
Singapore Exchange Limited (SGX) and Singapore Commodity Exchange Limited (SICOM), an SGX wholly-owned subsidiary, are pleased to announce the launch of a SGX-SICOM clearing arrangement on 1 October 2009.
LCH.Clearnet SA is revising its cash equities tariff and introducing €0.05 to trades cleared on cash equity markets from 1 January 2010. With this latest reduction LCH.Clearnet SA offers one of the most competitive clearing services in Europe in terms of pricing, service quality and range of products cleared.
LCH.Clearnet Limited (LCH.Clearnet), the leading over-the-counter (OTC) clearing house, is set to launch clearing for the wholesale OTC London bullion market. The service will be introduced by April 2010.
Hong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), and The National Depository Center (Closed Joint Stock Company), or NDC, which is part of the MICEX Group, an exchange operator based in Russia, signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.
Presently, the SZSE Investor Text Message Service Platform was officially put into use, and the SZSE comprehensive connection platform for investors has been preliminarily built up, covering many a channel such as telephones, mails, letters, text messages, online interaction, investor opening day, investor investigation and so forth.
(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.