News Centre

Vienna Stock Exchange Wins A New Customer: Eurex Derivatives Exchange

Date 16/02/2012

Eurex Group, one of the largest derivatives markets worldwide, and the Vienna Stock Exchange have entered into a license agreement. Eurex Exchange acquired the license to issue financial products on the RDX, the Russian Depositary Index. The RDX tracks the price trends of the most liquid depositary receipts of Russian stocks listed on the London Stock Exchange and is one of the most widely recognized indices for Russia worldwide. At present, more than 130 international financial investors have issued financial products based on this index.

In Memory Of Junius 'Jay' Peake - A Career On “The Street”: From Heretic To Sage

Date 16/02/2012

This is the last article Jay contributed to Mondo Visione. We are republishing it in his memory.

A career on “The Street”: From heretic to sage

My career on Wall Street began in 1950 at the brokerage firm,Garvin, Bantel & Co., where I was paid the princely salary of USD60 per week. I started at the bottom and, appropriately given my later interest in market technology, my first job was changing the ink on the TransLux ticker machine.

Johannesburg Stock Exchange Proactive Monitoring Of Financial Statements Report Released

Date 16/02/2012

The JSE wishes to announce that is has published a report which provides an overview of the proactive monitoring activities in 2011. This report is available on the JSE website at http://www.jse.co.za/How-To-List/Main-Board/Listing-requirements.aspx

First Results Of Trading In Government Securities In MICEX Stock Exchange

Date 16/02/2012

On February 13, 2012 MICEX Stock Exchange commenced trading in Russian Federation government bonds and eurobonds of the Ministry of Finance of the Russian Federation. 35 issues of Russian Federation government bonds and three issues of eurobonds of the Ministry of Finance of the Russian Federation were added to the Quotation list A Level One.

ASX Limited Half-Year Result To 31 December 2011

Date 16/02/2012

Financial Highlights

• Statutory profit after tax $175.6 million, up 2.1%
• Underlying profit after tax (excluding significant items) $180.7 million, up 2.9%o
  • Operating revenue $315.1 million, up 2.8%
  • Interest and dividend revenue $25.2 million, up 13.7%
  • Cash operating expenses $70.4 million, up 3.4%
  • Earnings per share 103.2 cents, up 2.5%
• Interim dividend of 92.8 cents per share fully franked, up 2.9%
  • 90% of underlying profit after tax payout ratio
• Significant items $5.1 million after tax
  • Redundancies and premises consolidation following a strategic review of business expenses
• Capital expenditure $22.6 million in line with guidance
  • New data centre on track and on budget

NZX: Alison Gerry – Independent Director

Date 16/02/2012

Further to the announcement of 13 December 2011 of the appointment of Alison Gerry as an NZX Director, effective from 2 February 2012, NZX Limited (“NZX”) advises, pursuant to NZSX Listing Rule (“Rule”) 3.3.3(b), that the board of directors have determined Alison Gerry to be an Independent Director of NZX, as that term is defined in the Rules.

ASX Half-Year Interim Dividend – FY12

Date 16/02/2012

The ASX Limited Board (the Board) announced today that it has determined to pay an interim dividend for the half-year ended 31 December 2011 of 92.8 cents per share fully franked to holders of fully paid ordinary shares

SEC Tightens Rules On Advisory Performance Fee Charges

Date 15/02/2012

The Securities and Exchange Commission today announced it is tightening its rule on investment advisory performance fees to raise the net worth requirement for investors who pay performance fees, by excluding the value of the investor’s home from the net worth calculation.

Mondo Visione Remembers Junius ‘Jay’ Peake

Date 15/02/2012

Junius ‘Jay’ Peake, died on 27 January, 2012. Jay was a great man who made a huge contribution to financial markets around the world. Financial markets today are more transparent and fairer thanks to Jay's work. He never sought popularity, but rather, said what he believed. Jay contributed many articles to Mondo Visione’s publications.

ISDA Paper: MiFID/MiFIR And Transparency For OTC Derivatives

Date 15/02/2012

This paper has been produced by the International Swaps and Derivatives Association to describe the nature of trading structure and liquidity formation in OTC derivatives markets and the implications for framing pre-trade transparency obligations under MIFID2/MIFIR.