Effective as of June 1, 2009, ISE introduced the “Automated Disclosure Platform”, which is an electronic system enabling the companies traded on the ISE to release any information, required to be publicly disclosed in compliance with the respective legislation, using Internet and electronic signature technologies.
The Hong Kong Mercantile Exchange (“HKMEx”), established to bridge international commodities markets to China, and LCH.Clearnet, the global clearing house, have agreed initial terms for LCH.Clearnet to provide clearing for HKMEx, subject to regulatory approval.
Trading system geared even more towards algotrading/ Significantly faster data transfer and more flexible connection possible
Xetra Release 10.0 is the latest version of Deutsche Börse’s pan-European trading system, featuring many technical improvements, particularly for algorithmic trading. Using Xetra 10.0, trading participants can place orders even more quickly and flexibly and receive more comprehensive market data, such as orderbook volume or best bid-ask spread, faster than before. An additional feature is the “non-persistent” order, an option of particular benefit to professional algorithmic traders. “Non-persistent” orders are not saved in exchange systems and are thus designed not be executed after interruptions in trading.
On Monday 8 June 2009, a new index fund, from ETF Securities’ ETF offering was admitted to trading on Xetra®.
With the approval of CSRC, Shenzhen Stock Exchange formally released the Listing Rules for the New Market of Shenzhen Stock Exchange (“Listing Rules”) on 5 June, which is to be effective from 1 July,2009.
On 8 june 2009, the NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the American Bankers Association introduced the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI). The index enables investors to track the performance of the most actively traded of the approximately 600 community banks listed on The NASDAQ Stock Market. The NASDAQ OMX ABA Community Bank Index is the latest index launched by the NASDAQ OMX Global Index Group and underscores its commitment to designing and calculating relevant world-class indexes.
On 5 June 2009, the Canadian Securities Administration (CSA) announced that TSX Inc., the wholly-owned subsidiary of TMX Group Inc. (TMX) will act as an information processor for exchange-traded equity securities for a period of five years commencing July 1, 2009.
TSE approves listing of the ABF PAN ASIA BOND INDEX FUND (PAIF), the first bond-index ETF in Japan
WASHINGTON D.C. (May 27, 2009) – The Board of Directors of the WFE yesterday pledged to promote international regulatory cooperation in a meeting with the head of the U.S. Securities and Exchange Commission (SEC).
Clearstream Banking Frankfurt (CBF), the Central Securities Depository (CSD) for the German domestic market, and Clearstream Banking Luxembourg, in its role as the CSD for Luxembourg, will sign the Memorandum of Understanding presented by the Governing Council of the European Central Bank (ECB) on TARGET2-Securities (T2S), the new Eurosystem service planned for securities settlement.