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EEX Exchange Council Discusses Effects Of The Moratorium On Trading - Status Of Energy Market Regulation Presented – Expansion Of Connectivity Through Global Vision Portal – Switch Of The French Futures To Financial SettleMent – New Trading Participant Group

Date 15/06/2011

In the meeting of the Exchange Council chaired by Dr. Gün-ther Rabensteiner in Leipzig on 8 June 2011 the Exchange Council discussed the ef-fects of the nuclear power moratorium on trading on EEX. Immediately after the an-nouncement in mid-March significantly stronger interest in trading was recorded – in particular on the Power Derivatives Market. Hence, the situation over the last weeks has shown once again that exchanges make the effects of political decisions visible through the prices established and the volumes traded on these. In this context, the energy markets cannot be viewed in isolation on a national basis – the German power market, in particular, is embedded in the interconnected European electricity market. The Exchange Council concluded that political decisions which require structural changes of the energy supply system should consider possible effects on the energy markets and the competition. 

EPEX Spot’s Exchange Council Welcomes Study About Green Power Product

Date 15/06/2011

The eighth meeting of the EPEX Spot Exchange Council was held on June 8th, 2011 in Leipzig and chaired by Dr. Günther Rabensteiner, Verbund AG.

Deutsche Börse Offers Examination For A Qualified Supervisory Board - Exam Meets Requirements Of The German Corporate Governance Code First Exam In November 2011

Date 15/06/2011

Deutsche Börse Group is continuing its efforts to increase transparency and raise standards on the capital markets with its qualified supervisory board examination. The "qualified supervisory board examination" is aimed at both prospective supervisory boards as well as those who have already been appointed. It offers the opportunity for board members to document their training and meet the requirements of the German Corporate Governance Code 2011 with measures for independent training and further education. The prerequisite for taking part in the examination is participation in a training course certified by Deutsche Börse Group. The target group includes companies with the legal form of a German stock corporation (AG) which are considering an initial public offering, as well as already-listed companies which want to ensure that their supervisory board members are fully qualified. "With this offer we aim to set new standards and contribute to establishing transparent and neutral criteria also for the (further) qualification of supervisory boards. We are convinced that responsible management and corporate governance are an important component of a company's economic success and serve long-term value creation," said Deutsche Börse’s Alexander Höptner, responsible for the Capital Markets Academy. The Capital Markets Academy acts by public mandate to qualify stock exchange participants.

BNY Mellon Launches BNY Mellon Clearing International - New Company To Clear Futures And Derivatives Trades For Institutional Clients N Europe, Middle East And Africa

Date 15/06/2011

BNY Mellon, the global leader in investment management and investment servicing, today announced the creation of a new company to clear futures and derivatives trades on behalf of institutional clients in Europe, Middle East and Africa. Headquartered in Dublin, the business, BNY Mellon Clearing International Limited¹ (“BNY Mellon Clearing International” or “BNYMCIL”) is the first MiFID authorised futures and derivatives clearing entity in Ireland and is regulated by the Central Bank of Ireland. It plans to become a clearing member on major exchanges and central clearinghouses globally to support the trading activities of BNY Mellon clients and intends to lead to the creation of 50 new jobs in Ireland over the next two years. 

Market Turmoil Knocks IPOs But Positive Signs Of Growth In The Pipeline - Majority Of Companies Listing In The Last Six Months Currently Underperforming The FTSE 100 - Despite Mixed Performance No Shortage Of Companies Seeking To Come To Market

Date 15/06/2011

The majority of IPOs that have come to market since the end of 2009 are now underperforming the FTSE 100 since issue, according to the latest Deloitte IPO barometer. The last six months have been particularly difficult for IPOs and this latest analysis is in stark contrast to the November 2010 barometer, when six out of nine listings were overwhelmingly outperforming the FTSE.

Phillip Securities Japan., Ltd Selects Patsystems

Date 15/06/2011

Patsystems, the trading and risk management solutions provider to the derivatives industry, is pleased to announce that it has signed a software license agreement with Phillip Securities Japan., Ltd in Tokyo, a securities brokerage firm and wholly owned member of Phillip Capital. 

Japan's Financial Services Agency: Results Of The Field Tests Of Economic-Value Based Solvency Regime

Date 15/06/2011

The Financial Services Agency (FSA) has conducted field tests covering all insurance companies, with a view to introducing an economic value-based solvency regime, and has summarized the results as follows.

Shenzhen Stock Exchange Sector Indices Issued Today

Date 15/06/2011

Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. declared today to issue the SZSE sector index series on June 15, 2011, including SZSE energy sector index, SZSE raw material sector index, SZSE industrial sector index, SZSE consumer discretionary sector index, SZSE consumer staples sector index, SZSE health care sector index, SZSE financials sector index, SZSE IT sector index, SZSE telecommunication services sector index, and SZSE utilities sector index, taking December 31, 2004 as the base date, and 1000 points as base point.

May 2011 FIF Market Share And Market Dynamics Reports – Executive Summary

Date 15/06/2011

U.S. Equities Market Share

• In May 2011, off-exchange trading accounted for 30% of the shares traded in NMS EquitySecurities.
• Share volumes traded across Tape A, B, and C increased 7% monthly and decreased 35% annually to 152 billion shares 
• Share volumes in NYSE-listed securities increased 1% monthly and decreased 39% annually to 80 billion shares.
• NASDAQ-listed securities traded over exchange increased 11% monthly and decreased 21% annually to 43 billion shares.

Component Changes Made To Dow Jones Country Titans Indexes - Changes Are The Result Of The Regular Quarterly Review

Date 15/06/2011

Dow Jones Indexes, a leading global index provider, today announced the results of the regular quarterly review of the Dow Jones Country Titans Indexes. Changes being announced today will be effective after the close of trading on Friday, June 17, 2011.