The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announces that as of January 3, trading and settlement on Tallinn and Vilnius stock markets is available in euro. This move will greatly improve the efficiency of the Baltic market and is intended to capture larger flows of portfolio investments to the region.
As of January 3, BM&FBOVESPA begins the real time calculation and publication of the Corporate Governance Trade Index (IGCT), the Exchange’s 18 th index. IGCT will calculate daily the performance of shares issued by companies that have voluntarily adopted differentiated corporate governance standards and which meet the inclusion standards that have been established by the index’s methodology.
Bucharest Stock Exchange (BVB) announced that it is the first exchange in Romania to implement Bloomberg's Global Identifiers (BBGID), as the financial instrument identifier associated with all BVB securities. The identifiers are available free-of-charge to all investors on the BVB website www.bvb.ro.
Tokyo Stock Exchange (TSE) has worked on various measures to increase ETF liquidity. As part of these efforts, TSE will begin calculating and publishing real-time Indicative Net Asset Value per share for ETFs from March 2011 (Tentative) in order to improve investor convenience.
The Depository Trust & Clearing Corporation (DTCC) announced that it is planning to adopt an enhanced corporate governance model that is better aligned with widely accepted global standards, creating a Chairman of the Board role that is separate from the Chief Executive Officer position.
Bolsas y Mercados Españoles (BME) and Clearstream announced the start of operations of the trade repository REGIS-TR that is jointly owned by the two market infrastructures. The trade repository is the answer to demands from the regulators for more transparency in the OTC derivatives market. The start of operations of REGIS-TR takes place one year after the initiative was announced in November 2009 and follows a testing period in which the financial institutions Banco Sabadell and BBVA participated as pilots. Over the last few weeks the corporates Iberia and Telefónica also joined as pilots. Further interested parties from around Europe are in the pipeline.
On December 13th, Tokyo Stock Exchange Group (TSE Group), Inc. and Hanoi Stock Exchange signed a Memorandum of Understanding (MOU) to further develop the collaborative bonds between the two exchanges.
The international derivatives exchange Eurex will introduce a new pricing model, effective 1 February 2011. The overarching goal is to further increase the attractiveness of the Eurex marketplace by offering incentives for market quality and volume contribution as well as fee reductions in a number of key products.
The Brazilian Securities, Commodities and Futures Exchange - BM&FBOVESPA - and the Bolsa de Comercio de Santiago (BCS) signed a strategic joint operating agreement on December 13, 2010. The agreement will enable connectivity between the two exchanges, in particular order routing and the distribution of market data. It includes other initiatives, such as the development of the Chilean derivatives market in the Bolsa de Comercio de Santiago, the establishment of joint initiatives related to settlement, clearing and central counterparty, and access to the BM&FBOVESPA/CME trading platform for markets administered by the Chilean stock exchange.
Trayport Limited, a leading provider of multi-asset-class electronic exchange trading systems, said that its exchange client, BlueNext, has launched trading of its first spot Emissions Reduction Units (ERU) contracts using Trayport’s GlobalVision Exchange Trading System. The launch of spot ERU trading comes on the back of two successful ERU auctions BlueNext held in January and September of this year.