Hong Kong Exchanges and Clearing Limited (HKEx) plans to introduce new stock index futures and stock futures on three A-share Exchange Traded Funds (ETFs) as part of its continuing efforts to expand its suite of Mainland China-related products.
CME Group announced it has expanded its centrally cleared, over-the-counter (OTC) agricultural swap offering through the introduction of a new U.S. dollar (USD)-denominated palm oil swap. Pending CFTC review, the new USD Malaysian Crude Palm Oil Calendar Swap will be available for clearing on CME ClearPort on June 3, and will be listed with and subject to the rules and regulations of the CBOT.
NASDAQ Dubai, the Middle East’s international financial exchange, is preparing to open a platform on which investors can trade Sukuk (Islamic bonds) and conventional bonds.
The Taiwan Futures Exchange (TAIFEX) and the Hanoi Stock Exchange (HNX) signed a Memorandum of Understanding (MOU) to share information and best practices pertaining to product development, business and marketing initiatives, technology, and also in the areas of mutual interests of markets in Taiwan and Vietnam.
Chicago Board Options Exchange (CBOE) and CME Group (CME) have announced that, as part of an agreement between the exchanges, CBOE began disseminating values for a new volatility benchmark index using futures options data on CME Group's 10-year U.S. Treasury note contract. The CBOE/CBOT 10-year U.S. Treasury Note Volatility IndexSM (ticker symbol VXTNYSM ) is the first volatility index based on U.S. government debt to be calculated and disseminated by CBOE.
The international derivatives marketplace Eurex Exchange announced that it will start a new initiative to increase the attractiveness of its short-term interest rate derivatives segment by offering new trading and market making incentives for its Three-Month Euribor Futures. These measures will become effective on 1 June 2013. Euribor Futures have already been listed on Eurex Exchange for several years.
The Moscow Exchange welcomes mortgage-backed participation certificates* "ISU-1" managed by GFT CAPITAL Asset Management Company on its quotation list A1 intended for top securities. The securities represent a new instrument on the Russian financial market. On May 22, 2013 they will start to be traded on the Moscow Exchange's Securities market.
The German Power Initiative, aimed at making the German power market more transparent, liquid and cost effective, continues to receive strong market support. To date, 10 liquidity providers, 3 brokers and 1 market maker have signed on, since NASDAQ OMX Commodities invited members to participate in March. The German Power initiative is part of NASDAQ OMX’s overall commodities strategy to leverage its best in class technology platform and expand its presence in the three largest power markets in Europe.
REGIS-TR, the European Trade Repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME), and National Settlement Depository (NSD), the Russian Central Securities Depository, have signed a Memorandum of Understanding (MOU) to intensify their cooperation on the mutual exchange of information. The MOU addresses the development of communication channels and a cooperative relationship for the purpose of supporting and advancing the development of both organisations’ repository systems.
NYSE Euronext (NYX) announced the opening of EnterNext®, its marketplace for SMEs. This new subsidiary is dedicated to companies that have a capitalisation of under €1 billion and already covers over 750 SMEs listed on the regulated market of NYSE Euronext and on NYSE Alternext. With a bold strategy and a NYSE Euronext proven capacity to deliver, EnterNext® has been designed to facilitate the financing requirements and development of European SMEs that operate regionally, nationally and internationally.