- The initial members of the Liquidity Alliance are ASX (Australia), Cetip (Brazil), Clearstream (Frankfurt/Luxembourg), Iberclear (Spain) and Strate (South Africa)
- The goal of the Liquidity Alliance is to exchange information, identify common needs and to extend global collateral solution
- Liquidity Alliance will be a dynamic forum and open to additional participants from all regions
IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, announced that ICE Clear Credit, the largest North American credit default swap (CDS) clearing house, has received regulatory approval to provide portfolio margining relief for buy-side clearing of CDS.
Russell Indexes, a leading global index provider and NYSE Euronext, one of the world's premier exchange operators and technology innovators, announced a global alliance which will span three distinct NYSE Euronext business lines and multiple geographies, as well as several facets of Russell's global index business. The agreement includes the transition of RussellTick, an index feed for real-time, intra-day values for the Russell family of indexes in the U.S. and globally, to NYSE Technologies' Global Index Feed (GIF) protocol and extensive global distribution. Approximately $3.9 trillion in assets are currently benchmarked to the Russell Indexes globally. The alliance also includes a commitment to develop additional joint global services and products, such as new index-based options.
NYSE Euronext (NYX) announced that it has completed its resource transfer from Fixasia Technologies Inc., a leader in technology solutions and support services, to a newly created subsidiary, NYSE Philippines Inc. The new subsidiary will operate as a regional technology hub based in Manila. This enables NYSE Technologies to efficiently expand and rapidly diversify its Asia business while enhancing its 24x7 global support model and adding the unique expertise of the Fixasia team. Terms of the transfer were not disclosed.
The Egyptian Exchange (EGX) is pleased to announce that it signed a license agreement in London with NYSE Liffe, the European derivatives business of NYSE Euronext, to list the EGX 30 index. Witnessing the signing ceremony was His Excellency, Mr. Osama Saleh, Minister of Investment of Egypt.
As part of its specialized services provided regarding the design, creation, measurement and management of indices, the Athens Exchange announces the creation of the Hellenic Mid & Small Cap Index designed for and in cooperation with the NBG Asset Management M.F.M.C., in order to be used as a Benchmark on the yield of the mutual funds.
Japan Exchange Group, Inc. (JPX) and India's leading stock exchange, the National Stock Exchange (NSE), signed a letter of intent on January 10.2013 on preparing for the launch of S&P CNX Nifty Index futures, a representative stock price index of India, on Osaka Securities Exchange Co., Ltd. (OSE), a subsidiary of JPX.
On January 10, 2013, İstanbul Menkul Kıymetler Borsası (İMKB) signed a Memorandum of Understanding (MOU) with Japan Exchange Group, Inc. to facilitate cross-listing of ETFs and explore ways to further strengthen their cooperative relationship.
Singapore Exchange (SGX) said it is well positioned to meet the latest international regulatory and risk management standards set by the International Organisation of Securities Commissions (IOSCO) and Committee on Payment and Settlement Systems (CPSS). This has been achieved after an extensive review and sharpening of SGX’s risk management and operational processes, and the addition of new rules and procedures to enhance the safety and efficiency of its subsidiaries.
The Chicago Board Options Exchange (CBOE) has unveiled a new branding initiative, which has been introduced company-wide, including across social media platforms, marketing and communications materials and its website. The brand makeover has also been incorporated into a major new advertising and integrated marketing campaign. New York-based agency of record Stein + Partners Brand Activation developed both the branding and the advertising with CBOE.