News Centre

NASDAQ OMX Data Center Expands Power And Connectivity Offerings - Access Services Offers Innovative Super Cab And 40G Client Connectivity - Only Exchange To Provide Highest Cabinet Power, Fastest Access, And Highest Bandwidth

Date 07/02/2012

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced two new Access Services offerings, Super Cab and 40G Client Connectivity, which provide NASDAQ OMX Data Center customers with the highest cabinet power, fastest access and highest bandwidth available in an exchange's co-location facility. The launch of Super Cab is effective immediately and 40G Client Connectivity will launch subject to filing with the Securities Exchange Commission.

Clearstream’s January 2012 Figures

Date 07/02/2012

In January 2012, the value of assets under custody held on behalf of customers registered a decrease of 4 percent to € 11.0 trillion (compared to € 11.4 trillion in January 2011). Securities held under custody in Clearstream’s international business  decreased by 1 percent from € 6.0 trillion in January 2011 to € 5.9 trillion in January 2012 while domestic German securities held under custody decreased by 6 percent from € 5.4 trillion in January 2011 to € 5.1 trillion in January 2012.

Broadridge Selected By Bloomberg Tradebook For New Self-Clearing Model

Date 07/02/2012

Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that Bloomberg Tradebook has selected Broadridge’s consolidated  business process outsourcing (BPO) solution to support their equity and option clearance and settlement business. The agreement is designed to help Bloomberg Tradebook minimize its fixed-cost investment in technology and operational infrastructure while also creating new revenue-generating opportunities as it transitions from its current fully-disclosed clearing model to self-clearing.

European Parliament: Getting The Best Out Of A Financial Transaction Tax

Date 07/02/2012

A Eurozone financial transaction tax would not only curb high-frequency and intermediary traders, but could even boost overall GDP, said financial experts at an Economic and Monetary Affairs Committee hearing on Monday. MEPs also reiterated their support for the idea, although some said that the Commission proposal needs more fine tuning.

The Middle East Investor Relations Society Launches The Palestine Chapter, The Latest Initiative To Promote IR Best Practice In The Middle East

Date 07/02/2012

The Middle East Investor Relations Society (ME-IR Society) and a number of Palestinian companies following IR best practices met in Ramallah today to agree an Investor Relations Charter.  The Charter will improve the quality of investor relations practices and educational resources in Palestine. The Charter also creates an informal supervisory Board of ME-IR Society member companies which will assist with the development of IR initiatives in Palestine.  The new Board consists of representatives from The Palestine Exchange (PEX); PADICO, PALTEL, Bank of Palestine, Jerusalem Pharmaceuticals; and Bank of New York Mellon.

AX Trading Names Industry Vet John King Head of Sales

Date 07/02/2012

AX Trading LLC today announced that industry veteran John King has joined the firm as Managing Director - Head of Sales. Mr. King will report to Peter Jenkins, President and Head of the Institutional Equities business at AX Trading.

ADEX Monthly Statistical Bulletin January 2012

Date 07/02/2012

MTS And Newedge Launch Agency Cash Management (ACM) Platform For Tri-Party Repo Market

Date 07/02/2012

• Transparent, electronic platform offers investors access to low-risk, secured money market investments
• Offers benefits of tri-party repo to the buy-side and delivers new pools of liquidity to the sell-side
• Provides access to wholesale pricing with cash placed via daily cash auctions

Powernext Gas Spot: New Volume Record

Date 07/02/2012

On 3rd February 2012, 524 GWh were traded on the Powernext Gas Spot platform. This sets a new daily volume record. The previous one was registered on 25th November 2011 with 418 GWh.

Fidessa Explores Challenges And Opportunities Of Best Execution In Australia - Third White Paper In Series On Australia Looks At How Firms Can Turn Regulatory Burden Into Competitive Edge

Date 07/02/2012

Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world’s financial community, has today announced the publication of the third in its series of white papers looking at issues raised by the new market integrity legislation in Australia. Entitled Beauty and the Best - the perils and opportunities of Best Execution in a multi-market structure, the paper examines different ways in which equity brokers might approach the new obligation for Best Execution, and how their buy-side clients will be affected.