To satisfy market demand for TOPIX index values that hedge foreign currency risk, the Tokyo Stock Exchange has been calculating and publishing the TOPIX Total Return Euro Hedged Index since January 2011 and will now begin calculating the TOPIX Total Return Index hedged into US Dollars.
The members of CCP12 – the Global Association of Central Counterparties elected the new Chair, two Vice-Chairs and Ordinary Executive Committee Members at its Annual General Meeting (AGM) on May, 8 th 2013. The world’s major providers of central counterparty (CCP) services held their 2013 AGM in Busan, South Korea, hosted by KRX (The Korea Exchange).
- GBOT has successfully launched CFDs on 18th April 2013
- GBOT is the 1st exchange in Africa and 2nd in the world to introduce CFDs
- GBOT has introduced four CFD contracts on Gold, WTI (Crude Oil), EUR/USD and GBP/USD
- Individuals and organizations can trade with as low as USD 20
First Quarter Financial Highlights
- Record First Quarter Results
- Operating Revenues Increase 18 Percent to $142.7 Million
- GAAP Net Income Allocated to Common Stockholders Increases 27 Percent to $41.8 Million; Diluted EPS of $0.48
- Adjusted Net Income Allocated to Common Stockholders Up 33 Percent to $43.9 Million(1); Adjusted Diluted EPS of $0.50(1)
- GAAP Operating Margin Expands by 140 Basis Points to 48.7 Percent; Adjusted Operating Margin Up 340 Basis Points to 50.9 Percent(1)
- 1Q13 GAAP Diluted EPS of $1.85
- 1Q13 GAAP Net Income Attributable to ICE of $135MM
- 1Q13 Revenues of $352MM
CME Group Inc. (NASDAQ: CME) reported revenues of $719 million and operating income of $406 million for the first quarter of 2013. Net income attributable to CME Group was $236 million and diluted earnings per share were $0.71.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that it will re-launch NASDAQ OMX PSX(SM) (PSX(SM)) in an effort to create the leading marketplace for Exchange Traded Products (ETPs). The price-time exchange will offer unique market making programs and features designed to provide robust liquidity to institutional and retail investors. PSX will re-launch in May 2013 pending approval by the Securities and Exchange Commission.
TMX Group announced the successful migration of Alpha to TMX Group's proprietary trading engine, TMX Quantum. As part of TMX Group's overall integration plan, Alpha now operates on the same platform as Toronto Stock Exchange, TSX Venture Exchange and TMX Select.
ASX announces that it plans to extend its new OTC Derivatives Clearing Service to deliver a client clearing solution. This aims to provide important new risk management controls to Australian investors and asset managers, giving them the choice to protect their individual positions and collateral in the event of a significant default. This extension of ASX’s OTC Derivatives Clearing Service is scheduled for delivery by the end of 2013, subject to regulatory approval and customer readiness.
- Commences with listing of 3 companies — Dabur India Ltd. being the first company to list on the exchange
- Offers various benefits such as lower cost of issuance to issuers and zero processing fees and initial listing fee
- Exchange would soon announce innovations for enhancing issuers' experience