News Centre

BATS Global Markets Receives Uk Competition Commission Approval To Acquire Chi-X Europe - Combination Of Bats Europe And Chi-X Europe Represents 25% Of Pan-European Equities Trading Volume

Date 24/11/2011

BATS Global Markets (BATS) today announced it received formal approval from the UK Competition Commission to acquire Chi-X Europe, the largest pan-European trading venue in terms of market share and notional value traded.

BATS/Chi-X Merger Inquiry: U.K.'s Competition Commission Clears BATS/Chi-X Merger

Date 24/11/2011

The Competition Commission (CC) has cleared the anticipated acquisition by BATS GlobalMarkets, Inc of Chi-X Europe Limited. Both companies operate Multilateral Trading Facilities which enable market participants (investment banks, brokers and dealers) to trade equitiesthrough a single platform as an alternative to trading on exchanges such as the LondonStock Exchange.

KVH To Offer Tokyo Stock Exchange Co-location Service － Supporting Overseas Investors’ Needs To Expand High Frequency Trading Market

Date 24/11/2011

KVH Co., Ltd., Asia’s leading information delivery platform providing integrated cloud and network solutions, today announced that it will start offering a Tokyo Stock Exchange (TSE) Co-location Service from January, 2012 in the TSE’s own co-location environment.

Two Banks Repay $210 Million In Tarp Funds, Provide Additional Positive Return On TARP Bank Programs For Taxpayers

Date 23/11/2011

The U.S. Department of the Treasury announced that the following two financial institutions have repurchased Troubled Asset Relief Program (TARP) Capital Purchase Program (CPP) investments, delivering a total of $210 million in proceeds today for taxpayers.

Eurobonds: MEPs Voice Reservations About European Commission Proposals

Date 23/11/2011

MEPs gave a cautious welcome to the three options presented by the Commission for introducing Eurobonds when they met Commissioner Rehn on Wednesday in the Economic and Monetary Affairs Committee. The committee will draw up a resolution on the options tabled. This debate followed another on Tuesday with Commissioners Almunia and Barnier, which focused on draft EU rules on credit rating agencies and plans to recapitalise banks.

Deutsche Börse: Unscheduled Component Change Made To SDAX - Derby Cycle AG O.N. To Be Replaced By Schuler AG On 28 November

Date 23/11/2011

Deutsche Börse today announced an unscheduled component change to the SDAX. Derby Cycle AG O.N. will be replaced by Schuler AG in the index. Due to the takeover of Derby Cycle AG O.N. by PON Holding Germany GmbH, the company’s free float has dropped below 10 percent, making it ineligible for inclusion in the index.

Olli Rehn, Vice-President Of The European Commission And Member Of The Commission Responsible For Economic And Monetary Affairs And The Euro - The Commission's Initiative For Growth, Governance And Stability

Date 23/11/2011

Dear Sharon, Honourable Members, Dear Friends,

Thank you for the invitation to discuss with you today. The formal reason for this exchange of views is to give you the opportunity to ask me questions about the recent change to my portfolio. And I shall be happy to say a few words about that, and to answer your specific questions on that topic.

BM&FBOVESPA Debates The New Demands On Corporate Governance - Subject Discussed During International Panel Held By IBGC And GRI

Date 23/11/2011

The “New International Demands on Corporate Governance” panel occurred on November 11 and was promoted by the Exchange, the Brazilian Institute of Corporate Governance (IBGC) and the Global Reporting Initiative (GRI). The speakers were Professor Mervyn E. King, Chairman of the International Integrated Reporting Committee (IIRC); and Ms. Christy Wood, Chair of the International Corporate Governance Network (ICGN). Both said companies should have sustainability parameters at their very foundations, seeking to integrate them into their financial statements.

European Commission Green Paper On The Feasibility Of Introducing Stability Bonds

Date 23/11/2011

The Green Paper published by the European Commission today structures the political debate in the EU on the rationale, pre-conditions and possible options of financing public debt through Stability Bonds. Such common issuance of bonds by the euro-area Member States would imply a significant deepening of Economic and Monetary Union. It would create new means through which governments finance their debt, by offering safe and liquid investment opportunities for savers and financial institutions and by setting up a euro-area wide integrated bond market that matches its US Dollar counterpart in terms of size and liquidity. The fiscal framework underlying EMU would similarly undergo a substantial change, as Stability Bonds would need to be accompanied by closer and stricter fiscal surveillance to ensure budgetary discipline. Some of the options for the design of Stability Bonds considered in the Green Paper might require a Treaty change. Regardless of any necessary time for implementation, agreement on common issuance could have an immediate impact on market expectations and thereby lower average and marginal funding costs for those Member States currently facing funding pressures.

Olli Rehn Vice-President Of The European Commission And Member Of The Commission Responsible For Economic And Monetary Affairs And The Euro The Commission's Initiative For Growth, Governance And Stability Press Conference Brussels, 23 November 2011

Date 23/11/2011

Thank you President.

As outlined by the President, the current situation requires extraordinary and decisive policy action. To restore growth and safeguard the European integration project action is needed on broad front. The three initiatives the Commission has adopted ait at going that.