Deutsche Börse Market Data + Services and the Philippine Stock Exchange, Inc. (PSE) have signed a memorandum of understanding (MoU) to establish a market data cooperation between the two exchanges.

 Some key areas on which the exchanges would like to collaborate include the licensing of current market data offerings, increasing distribution channels for real-time data, and new product design and innovation. Deutsche Börse and Philippine Stock Exchange would explore these options under the MoU and expect to develop a concrete plan by the end of Q3 2014.

Wednesday, September 24, 2014

Singapore Exchange (SGX) announced that, following approval from the Reserve Bank of India, its Liaison Office in India has commenced operations with Neena Prasad as its Chief Representative. SGX’s office in India will provide information and act as a communication channel to support capital raising by Indian companies in Singapore. Such capital raising can be achieved via listing of stocks, bonds, Real Estate Investment Trusts, business trusts and/or depository receipts. The opening of SGX's India Office will also strengthen its partnership with the National Stock Exchange of India (NSE). The strategic partnership began in 2000 when the two exchanges collaborated to develop the international futures market. In 2007, SGX took a 5% minority investment in Bombay Stock Exchange (BSE).

Wednesday, September 24, 2014

CME Group announced that they have entered into definitive agreements to create value for their respective stockholder through a two-step transaction through which CME Group will acquire Trayport and FENICS. This transaction, which has been approved by the Board of Directors of GFI Group upon unanimous recommendation of a Special Committee comprised solely of independent and disinterested directors, and by the Board of Directors of CME Group, is expected to create significant stockholder value for both GFI Group and CME Group stockholders and to qualify as tax-free exchanges of equity for both groups. The transaction is subject to the approval of the stockholders of GFI Group as well as customary regulatory review and approvals. It is expected that the transaction will close in early 2015. 

 

Wednesday, September 24, 2014

The WFE Sustainability Working Group (SWG), which includes representatives from 19 WFE member exchanges from around the world, convenes regularly to discuss material concerns and share best practices related to sustainability. The group works under the auspices (and with the assistance) of the WFE, focusing on the needs of the exchange business. It is an internal discussion group, not a forum for the debate of investor proposals, reporting frameworks, or the work of NGOs and other advocates. Although the SWG is keenly aware of these dynamics, it will not engage, endorse, or promote any outside group or agency during the course of its work.

Instead, the SWG investigates the material need (if any) for exchanges to seek, standardize, and/or publish environmental, social, and corporate governance (ESG) data. Through careful analysis of existing data forms and reporting frameworks, group members seek to understand the real impacts, both positive and negative, on our business. Furthermore, the SWG will reflect upon the role of exchanges in the formation and sustenance of a fair, open, and transparent economy—and the proper leverage that exchanges may exert in promoting more sustainable business models.

We hope our work proves productive and enlightening enough to be offered to the general membership of the WFE for consideration in due course.

Evan Harvey, Chairman

Corli le Roux, Vice Chair

 

Friday, July 4, 2014

The Global Reporting Initiative (GRI) has published its latest sustainability reporting guidelines-G4 in 2013 for diverse organizations to disclose their sustainability issues among economic, environmental and social aspects.

Tuesday, June 24, 2014

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that Liffe reached a daily volume record of 205,570 contracts in MSCI World Net Total Return (NTR) Euro Index futures on June 11, 2014. The previous record of 197,264 contracts was set on March 14, 2014.

Tuesday, June 24, 2014

Singapore Exchange (SGX) is consulting the public on its proposed regulatory framework for secondary listed companies on the exchange.

Tuesday, June 24, 2014

The Central Securities Depository (DCV) along with Santiago Stock Exchange have extended the guarantee custody processes in foreign securities, which brokerage houses can use as collateral for future trades, short sales and share loans, amongst other transactions.

Tuesday, June 24, 2014

The Johannesburg Stock Exchange (JSE) recently launched new services to its listed companies and other issuers. The range of services will help companies identify prospective investors, build profile and communicate with existing investors and the market.

Tuesday, June 24, 2014

The Johannesburg Stock Exchange (JSE) successfully launched its colocation centre in May to allow JSE clients to place their trading equipment in the JSE data centre for the fastest access to all JSE markets.

Tuesday, June 24, 2014

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