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  • SWX Swiss Exchange/virt-x And SIS Group Support European Code Of Conduct On Clearing And Settlement

    Date 07/11/2006

    The Swiss Financial Infrastructure companies: SWX Swiss Exchange, virt-x Exchange Limited, SIS SegaInterSettle and SIS x-clear are pleased to announce their support for the European Code of Conduct on Clearing and Settlement, an initiative proposed by EU Commissioner McCreevy in spring 2006. SWX and virt-x have signed the code and SIS SegaInterSettle and SIS x-clear have signed a letter of intent pending Board approval. Both measures demonstrating commitment to the objective of the Code of Co

  • CME Expands Electronic Trading Hours For FX Options

    Date 07/11/2006

    CME, the world's largest and most diverse financial exchange and the largest regulated marketplace for foreign exchange (FX) trading, today announced that it plans to offer side-by- side open outcry and electronic trading for the majority of its CME FX options on futures. Beginning Monday, December 18, the following nine CME FX options, with American-style expiration, will be available nearly 23 hours a day on the CME Globex(R) electronic trading platform:

  • Deutsche Börse Welcomes Code Of Conduct As Market-Led Initiative - Deutsche Börse Group Already Complies With Many Requirements In The Code

    Date 07/11/2006

    Deutsche Börse Group welcomes the Code of Conduct on cash equities clearing and settlement as a market-led initiative by the exchange industry to work towards a consistent, coherent and cost-efficient European framework for cross-border equities trading, clearing and settlement. Deutsche Börse said the Code - in line with the objectives of the European Commission - will deliver benefits to users and at the same time improve the safety and efficiency of clearing and settlement.

  • London Stock Exchange Welcomes Code Of Conduct On Clearing And Settlement

    Date 07/11/2006

    The London Stock Exchange today welcomed the new Code of Conduct on clearing and settlement. The Exchange wholeheartedly supports the European Commission’s decision to take a non-legislative route to reform of Europe’s clearing and settlement infrastructure. It believes that this can offer a faster solution to the current inefficiencies in the post-trading layer.

  • Changing The Name Of Tehran Stock Exchange Services Company (TSESC)

    Date 07/11/2006

    The Tehran Stock Exchange Services Company (TSESC) – a wholly-owned subsidiary of the Tehran Stock Exchange (TSE) - has changed its name to Tehran Securities Exchange Technology Management Company (TSETMC).