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Joaquín Almunia Vice President Of The European Commission Responsible For Competition Policy Mergers: Commission Blocks Proposed Merger Between Deutsche Börse And NYSE Euronext Press Conference Brussels, 1st February 2012

Date 01/02/2012

We have decided today to prohibit the proposed merger between Deutsche Börse and NYSE Euronext.

Deutsche Börse and NYSE Euronext operate the two largest exchanges for European financial derivatives in the world: Eurex and Liffe. The two companies are by far the largest global players in these products.

Minutes Of The Meeting Of The Treasury Borrowing Advisory Committee The Securities Industry And Financial Markets Association January 31, 2012

Date 01/02/2012

The Committee convened in closed session at the Hay Adams Hotel at 11:30 a.m. All Committee members were present. Assistant Secretary for Financial Markets Mary Miller, Deputy Assistant Secretary (DAS) for Federal Finance Matthew Rutherford and Director of the Office of Debt Management Colin Kim welcomed the Committee. Other members of Treasury staff present were Fred Pietrangeli, Jennifer Imler, Amar Reganti, David Chung, Ernest Zhu, Brian Zakutansky, and Alfred Johnson. Federal Reserve Bank of New York members Dina Marchioni and Mark Cabana were also present.

Thai Bourse’s 2012 CSR Plan To Strengthen Companies’ CSR

Date 01/02/2012

Corporate Social Responsibility Institute (CSRI) of The Stock Exchange of Thailand (SET) and Thaipat Institute announce that their 2012 corporate social responsibility’s (CSR) direction will focus on strengthening listed companies’ CSR activities by providing guidelines and training to cope with natural disasters and other crises.

Statistics From NASDAQ OMX Nordic Exchange January 2012 - Summary

Date 01/02/2012

Monthly statistics including stock and derivative statistics:

• Volumes
• Market value

NASDAQ OMX Reports Fourth Quarter And Full Year 2011 Results - FY 2011 Non-GAAP Diluted EPS Grows 27% Over Prior Year - 2011 Full Year Net Exchange Revenues And Earnings Reach Record Highs

Date 01/02/2012

The NASDAQ OMX Group, Inc. ("NASDAQ OMX^®") (Nasdaq:NDAQ) reported strong results for the fourth quarter of 2011. Net income attributable to NASDAQ OMX for the fourth quarter of 2011 was $82 million, or $0.45 per diluted share, compared with $110 million, or $0.61 per diluted share, in the third quarter of 2011, and $137 million, or $0.69 per diluted share, in the fourth quarter of 2010. For the full year of 2011, net income attributable to NASDAQ OMX was $387 million, or $2.15 per diluted share.

JonesTrading Appoints Seth Michaels To Head Advisor Services Business - Move Provides Growing Investment Manager Community Superior Brokerage And Best-Of-Breed Services

Date 01/02/2012

JonesTrading Institutional Services LLC, which provides institutions with block trading in securities and derivative products, services to the capital markets, independent research, and commission management, announced today that it has named industry veteran Seth Michaels as Managing Director and Head of its Advisor Services business.

Mergers: European Commission Prohibits Proposed Merger Between Deutsche Börse AG And NYSE Euronext – Frequently Asked Questions

Date 01/02/2012

(See IP/12/94)

What is the role/importance of derivatives for the European economy?

Derivatives are contracts traded on financial markets that are used to transfer risk. Derivatives are of key importance for the European economy. This is because they serve as insurance against price movements and reduce the volatility of companies' cash flows, which in turn results in more reliable forecasting, lower capital requirements, and higher capital productivity. Derivatives have in recent years developed into a main pillar of the international financial system and are an indispensable tool for risk management and investment purposes. Derivatives contribute to improve the operational, information, and allocation efficiency, thereby increasing the efficiency of financial markets. They help lower the cost of capital and enable firms to effectively invest and channel their resources, thereby making them an important driver of economic growth.

Drive For Low Latency Increases Demand For Measurement Tools, Reveals New Research From GreySpark Partners - Latency Is A Challenge Across Asset Classes - Pursuit Of Speed Yields A Demand For Latency Measurement And Reduction Offerings

Date 01/02/2012

GreySpark Partners, the capital markets consultancy, has revealed that low latency requirements are no longer just the confine of the equity trading markets and that the need for speed is equal, if not greater, in other asset classes.

Japan’s Financial Services Agency Publishes Registration Of Credit Rating Businesses

Date 01/02/2012

In accordance with Article 57(3) of the Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 66-48 of the same act, today the FSA registered Nippon Standard & Poor's K.K., notified the corporation that registration regarding the application was completed, and placed the corporation in the List of Licensed (Registered) Financial Institutions.

Mergers: European Commission Blocks Proposed Merger Between Deutsche Börse And NYSE Euronext

Date 01/02/2012

The European Commission has prohibited, on the basis of the EU Merger Regulation, the proposed merger between Deutsche Börse and NYSE Euronext, as it would have resulted in a quasi-monopoly in the area of European financial derivatives traded globally on exchanges. Together, the two exchanges control more than 90% of global trade in these products. The Commission's investigation showed that new competitors would be unlikely to enter the market successfully enough to pose a credible competitive threat to the merged company. The companies offered, in particular, to sell certain assets and to provide access to their clearinghouse for some categories of new contracts, but overall, the commitments were inadequate to solve the identified competition concerns.