News Centre

Thomson Reuters Position Paper - The Practical Aspects Of Delivering A European Consolidated Tape

Date 29/06/2012

Click here to download a Thomson Reuters position paper produced to help inform the discussions around the delivery of a consolidated tape for Europe.

NASDAQ OMX BX Options Options Exchange Joins OCC

Date 29/06/2012

OCC and The NASDAQ OMX Group, Inc. announced today that NASDAQ OMX BX Options^SM has become an OCC participant exchange. NASDAQ OMX BX Options ^SM began operations today, Friday, June 29. 

NYSE Euronext Raised $17.1 Billion In Global IPO Proceeds In First Half Of 2012 - Global IPO Proceeds Of $17.1 Billion On 66 IPOs - Led The U.S. Market For Number Of IPOs, Bringing 56 New IPOs To Market - NYSE Gained Eight Listing Transfers In The U.S. - In Europe, Raised €1.2 Billion In Proceeds On 16 New Listings - NYSE Euronext Encouraged For Second Half Of 2012 With Over 115 IPOs In The Pipeline

Date 29/06/2012

In the first half of 2012, NYSE  Euronext (NYX) raised $17.1 billion in total global  proceeds from Initial Public Offerings (IPO) on 66 IPOs. In the U.S., NYSE Euronext listed 62% of all U.S.  IPOs bringing 56 new IPOs to the U.S. market, recently ending the quarter with  the successful listing of ServiceNow, Inc. (NYSE: NOW). Additionally in the  U.S., NYSE gained eight listing transfers. In Europe, NYSE Euronext had 16 new listings, with approximately  €1.2 billion in proceeds.

ESMA Publishes The Responses To The Discussion Paper On Proxy Advisors

Date 29/06/2012

To view the responses, please click here.

Torben Munch New CEO Of Orc

Date 29/06/2012

The Board of Directors of Orc Group (“Orc”) has appointed Torben Munch as new CEO of Orc. Torben Munch joins Orc from SimCorp, a global software provider to the international investment management industry listed on Nasdaq OMX Copenhagen, where he held the position of Executive Vice President and Chief Operating Officer.

BSE: Index Based Market Wide Circuit Breaker For The Quarter 1st July, 2012 To 30th September, 2012

Date 29/06/2012

The Exchange implements on a quarterly basis (SEBI circular SMDRPD/Policy/Cir-37/2001 dated June 28, 2001) the index based market wide circuit breaker system.  The system is applicable at three stages of the index movement either way at 10%, 15% and 20%. This circuit breaker brings about a coordinated trading halt in all equity and equity derivative markets nationwide.

Swiss & Global Lists Four Active ETFs On Xetra - New Issuer Launches With First Actively Managed Equity ETFs

Date 29/06/2012

Four actively managed equity ETFs from the new issuer Swiss & Global Asset Management have been tradable in the active ETF segment on Xetra® since Friday for the first time.

Short Selling: European Commission Technical Standards – Frequently Asked Questions

Date 29/06/2012

What is short selling?

Short selling is the sale of a security that the seller does not own, with the intention of buying back an identical security at a later point in time in order to be able to deliver the security. Short selling can be divided into two types:

1."Covered" short selling is where the seller has borrowed the securities, or made arrangements to ensure they can be borrowed, before the short sale.

2."Naked" or "uncovered" short selling is where the seller has not borrowed the securities at the time of the short sale, or ensured they can be borrowed.

The technical standards issued today are designed to ensure that any short selling that takes place on the EU's financial markets is "covered".

Short Selling: European Commission Adopts Technical Standards

Date 29/06/2012

The European Commission has today set out the detailed rules aimed at reducing the risk of settlement failures linked to naked short selling, as well as the means by which market participants should disclose significant short positions to the market. The technical standards adopted today by the Commission are based on the work of the European Securities and Markets Authority (ESMA). They notably specify the details of the so-called "locate rule," which ensures that short sales do not result in a failure to deliver. The new rules also detail how ESMA is to determine the shares which are exempt from the Short Selling Regulation by virtue of their principal trading venue being outside the Union. Together with the Short Selling Regulation that they implement, the regulations adopted today will create a more transparent, orderly and stable market by reducing the risks tied to short selling.

Malawi Stock Exchange Weekly Trading Report - 29th June, 2012

Date 29/06/2012

Please click here to download the MSE Weekly Trading Report.