BM&FBOVESPA S.A. (BVMF3) reported fourth quarter earnings ending December 31, 2012. Higher volumes in both equities and derivatives segments coupled with disciplined expense management resulted in solid revenue growth and improved operating performance year-over-year.
Deutsche Börse AG published its preliminary figures for the fourth quarter and the financial year 2012 on Tuesday. Net revenue declined by 9 per cent in financial year 2012 to €1,932.3 million (2011: €2,121.4 million) due to the challenging market environment. As a result of historically low key interest rates, net interest income from the banking business decreased to €52.0 million (2011: €75.1 million), in spite of higher average customer cash deposits.
ASX will expand its global network connectivity through the launch of ASX Net Global, a cost-effective, low latency network for global customers to connect to the ASX and ASX 24 trading platforms and to the full range of services located in the ASX Australian Liquidity Centre (ALC).
The Nigerian Stock Exchange has signed a Memorandum of Understanding (MoU) with Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, to provide Investor Relations Services to its listed companies, as part of its Value Added Services (X-Value) bouquet.
Trading in euro futures on the Istanbul Traded Index (IBTX in EUR) started on the Vienna Stock Exchange. The joint index of the stock exchanges of Istanbul and Wien has been calculated since September of last year and enjoys wide international recognition.
Eurex Exchange, the international derivatives marketplace, announced that it has received confirmation from the South Korean Financial Services Commission (FSC) to offer its full suite of products in South Korea without objection. Eurex has already established a very successful cooperation with the Korea Exchange (KRX), the Eurex/KRX Link. The new possibility of a direct membership will further enhance the Eurex/KRX cooperation and strengthen the ties between Korean and German financial markets.
Hong Kong Exchanges and Clearing Limited (HKEx) announced that it received regulatory approval for rule changes that will enable it to offer After-Hours Futures Trading (AHFT) and it plans to introduce AHFT on Monday, 8 April 2013.
From 8 April, Hang Seng Index and H-shares Index futures will be available for trading from 5 pm to 11 pm (after-hours trading) in addition to the regular trading sessions: 9:15 am to 12 noon and 1 pm to 4:15 pm. Gold futures will be considered for inclusion in AHFT at a later stage.
- London Stock Exchange publishes rulebook for new segment of the Main Market for high growth companies
- Issuers required to meet free float, market value and growth conditions
- Will act as stepping stone for companies seeking full listing
TMX Group Limited announced that it has entered into an agreement with Equity Financial Holdings Inc. (Equity) to acquire its transfer agent and corporate trust services business. The acquisition marks TMX Group’s expansion into a highly- complementary business area with both immediate scale and significant opportunities for growth.
Clearstream will launch its direct settlement link to the Russian market following the opening of a main account at the National Settlement Depository (NSD), the new Russian CSD, in February 2013. The move follows months of progress through technical, legal and regulatory steps in close cooperation with the NSD. The new direct link to the Russian CSD will complement Clearstream’s existing settlement services by further opening up access to the Russian capital markets via an efficient channel and offering a single access point, the Russian CSD. Leveraging its extensive post-trade infrastructure, Clearstream will offer a robust multi-channel access to the new Russian CSD via both its central securities depository (CSD) and its international central securities depository (ICSD).