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London Stock Exchange Group Plc Revised Offer To Acquire Majority Stake In LCH.Clearnet Group Limited - A Leading Global Partnership In Multi-Asset, Multi-Venue Clearing And Risk Management Services

Date 07/03/2013

• LSEG and LCH.Clearnet confirm agreed terms of revised recommended cash offer for a majority stake in LCH.Clearnet’s issued share capital
  
•  Strongly positions Enlarged Group for long-term, leading role in global market infrastructure
  
• Combines LCH.Clearnet’s open, horizontal model with LSEG’s proven track record of customer partnerships and reinforces LCH.Clearnet’s stakeholder governance model
  
•  Reinforces LSEG’s diversification strategy and enhances portfolio of leading global brands, products and services to drive growth
  
• Builds on the combined expertise of LCH.Clearnet and LSEG in owning and successfully developing regulated, systemically important businesses across multiple geographies
  
• LSEG to acquire up to a further 55.5% in LCH.Clearnet under the Revised Offer (in addition to the 2.3% stake already held by LSEG), resulting in it holding up to 57.8%; other LCH.Clearnet shareholders to hold at least 42.2% following the Transaction
  
• Accepting LCH.Clearnet shareholders will receive €15 per LCH.Clearnet share acquired, comprising cash consideration of €14 and Deferred Consideration of €1
   

Deutsche Börse: EYEMAXX Real Estate AG Plans Third Bond Issue In Entry Standard

Date 07/03/2013

EYEMAXX Real Estate AG is issuing a further corporate bond in Deutsche Börse’s Entry Standard. The bond with the ISIN: DE000A1TM2T3 can be subscribed until 22 March subject to early oversubscription. It has a volume of up to €15 million, runs until 25 March 2019 and has an interest rate of 7.875 percent. Its nominal denomination is €1,000.

HKMEx Adds Marigold As Broking Member - Exchange Continues Emergence As Regional Centre For Commodity Futures Trading

Date 07/03/2013

The Hong Kong Mercantile Exchange (HKMEx), China’s global marketplace, announces today the addition of Marigold International Securities Limited as a broking member.

DGCX Signs Co-location Services Agreement With Emaar Technologies

Date 07/03/2013

Dubai Gold and Commodities Exchange (DGCX) announced today that it has signed a co-location services agreement with Emaar Technologies, a subsidiary of Emaar Properties PJSC. 

Shanghai Stock Exchange Governor’s Proposal: Prompt Amendment To “Securities Law”

Date 07/03/2013

Both the amendment work of the “Securities Law” and the formulation work of the “Futures Law” should be listed into the legislative regulation and the 2013 legislation work plan of the 12th NPC, in a bid to launch the amendment procedures for the “Securities Law” and the formulation procedures for the “Futures Law” as soon as possible.

Thai Bourse Joins Invest ASEAN 2013 In Malaysia

Date 07/03/2013

The Stock Exchange of Thailand (SET) together with three Thai listed companies – PTT Global Chemical pcl (PTTGC), Bank of Ayudhya pcl (BAY), and Ratchaburi Electricity Generating – participated in Invest ASEAN 2013 hosted by Bursa Malaysia to highlight the strength of the Stock Exchange of Thailand and Thai listed companies, together with other listed companies in ASEAN region, to retail investors in Malaysia. The event could attract more than 385 participants.

Moscow Exchange Indices Monthly Review: February 2013

Date 07/03/2013

Monthly review: February 2013 (pdf, 552 Кb)

Concurring Statement Of CFTC Commissioner Jill E. Sommers On The Chicago Mercantile Exchange Inc. (CME) Request For Commission Approval Of New Chapter 10 And New Rule 1001

Date 07/03/2013

While I agree with the Commission's analysis that CME Rule 1001 is not inconsistent with the Commodity Exchange Act (Act) or the Commission's regulations and therefore voted to approve the rule, I would have preferred to have taken steps to amend the Commission's rules to provide explicitly that the Part 45 rules do not apply to cleared swaps. In our rush to promulgate thousands of pages of rules implementing the Dodd-Frank Act it is not surprising that market participants would come to differing conclusions regarding the Commission's intent in building the new regulatory structure for swaps.

Hong Kong's Securities And Futures Commission Welcomes The Expansion Of RQFII Pilot Scheme

Date 07/03/2013

The Securities and Futures Commission (SFC) welcomes the announcement by the Mainland authorities in amending the rules relating to Renminbi Qualified Foreign Institutional Investors (RQFII). The amendments will, among other things, increase the types of qualified RQFII holders as well as relax investment restrictions of RQFII funds.

Statement Of CFTC Commissioner Scott O’Malia On The Commission’s Approval Of CME Rule 1001

Date 07/03/2013

Today the Commission approved CME Rule 1001, which was submitted to the Commission for review pursuant to Section 40.5 of the Commission’s regulations. Although I agree with the policy outcome of allowing CME to choose which Swap Data Repository (SDR) will receive data on cleared swaps, I am abstaining from the vote on this rule because approval of this rule without an amendment to the Commission’s Part 45 regulations will lead to further confusion with respect to reporting requirements for cleared swaps. My preferred approach, an approach that was not presented to the Commission as an option on which to vote, would have been to re-propose the internally inconsistent Part 45 of the Commission’s regulations in compliance with the Administrative Procedure Act (APA). Instead the Commission has embarked on this suspect approach.