News Centre

Speech By SEC Commissioner Luis A. Aguilar: Re-designing The Eligibility Criteria For Short-Form Registration

Date 27/07/2011

Today the SEC is considering whether to adopt amendments to the eligibility criteria of its short-form registration process. Up to now, credit ratings have been used to determine whether a securities offering is eligible for the SEC’s streamlined short-form registration process. Under the rules in effect since 1982, a primary offering of debt securities deemed “investment grade” by a nationally recognized statistical rating organization may qualify for short-form registration, regardless of the issuer’s public float. As the Commission stated when it adopted short-form registration eligibility requirements, the goal was to “meet the objective of relating short-form registration to the existence of widespread following in the marketplace.”

TradingScreen's First Clients Tap eSpeed, BGC Partners' Proprietary Trading Platform, Via TradeExchange

Date 27/07/2011

TradingScreen Inc. ("TradingScreen"), the leading provider of execution management systems (EMS), today announced that its first clients have begun to trade U.S. Treasury securities using eSpeed technology offered by BGC Partners L.P. and the family of its affiliated company ("BGC"), a global leader in servicing the wholesale financial markets. Clients are now accessing BGC's eSpeed system via TradingScreen's TradeExchange product suite, designed for low-latency access to fixed income trading through a Software-as-a-Service (SaaS) model.

Speech By SEC Commissioner Kathleen L. Casey: Statement At Open Commission Meeting — Re-Proposal of Shelf Eligibility Conditions For Asset-Backed Securities And Other Additional Requests For Comment

Date 27/07/2011

Thanks once again to the staff for your hard work on this release, which revises and re-proposes the shelf eligibility conditions for asset-backed securities that were included in the ABS proposing release that we issued in April 2010, and contains additional requests for comment relating to the disclosure of asset-level information about pool assets.

The China Banking Regulatory Commission And The Monetary Authority of Singapore Sign A Supplemental To Memorandum Of Understanding

Date 27/07/2011

The China Banking Regulatory Commission (CBRC) and the Monetary Authority of Singapore (MAS) today signed a Supplemental to our existing Memorandum of Understanding (MoU) to include cooperation on crisis management. Following the recent global financial crisis, there is recognition of the need for greater international cooperation to manage crises.The Supplemental to MoU was signed by Mr Zhou Mubing, Vice Chairman, CBRC and Ms Teo Swee Lian, Deputy Managing Director, MAS at the 8th Joint Council for Bilateral Cooperation (JCBC) meeting between China and Singapore held in Singapore.

NASDAQ OMX Continues To Deliver Record Earnings - Reports Strong Second Quarter 2011 Results - Non-GAAP Diluted EPS Of $0.62 Represents 19% Increase Over Q210 Results

Date 27/07/2011

The NASDAQ OMX Group, Inc. ("NASDAQ OMX^®") (Nasdaq:NDAQ) reported strong results for the second quarter of 2011. Net income attributable to NASDAQ OMX for the second quarter of 2011 was $92 million, or $0.51 per diluted share, compared with $104 million, or $0.57 per diluted share, in the first quarter of 2011, and $96 million, or $0.46 per diluted share, in the second quarter of 2010.

Speech By SEC Commissioner Luis A. Aguilar: A Step Toward Enhanced Market Surveillance

Date 27/07/2011

In 1990, Congress gave the Commission authority to monitor large traders. At the time, Congress stated that it intended this authority to “greatly enhance the Commission’s understanding of how our markets are used by large traders and whether the strategies or practices employed by such large traders may pose routine or extraordinary risks, intended or not, to the stability or the integrity of our securities markets.” Today, the Commission takes the first step to implement Congress’ stated intention. The new rule before us, Rule 13h-1, would create the means for the Commission to identify and track the trading and market impact of significant market participants.

Deutsche Börse: Eight New db x-trackers ETFs Launched On Xetra - ETFs Track Performance Of Country And Regional Indices In MSCI Index Family - First ETF On Russell Midcap Index

Date 27/07/2011

HKEx Chief Executive Charles Li’s Views On HKEx’s Market Structure Reforms

Date 27/07/2011

HKEx Chief Executive Charles Li published on 26 July an article in Chinese on HKEx’s market structure reforms.  Fifteen months have passed since HKEx announced its Strategic Plan 2010-2012 in March 2010.  As HKEx is now midway through the plan, Mr Li is taking this opportunity to review the past, examine the present and ponder the future.  A summary of the English version is now available on the HKEx website: http://www.hkex.com.hk/eng/newsconsul/speech/2011/sp110726.htm

Deutsche Börse: SPAC Helikos SE Acquires Exceet Group AG - First Investment Vehicle On Frankfurt Stock Exchange Acquires Target Company

Date 27/07/2011

Helikos SE of Luxembourg (ISIN: LU0472835155) was the first special purpose acquisition company (SPAC) to go public on the Prime Standard of the Frankfurt Stock Exchange in February 2010.

Eurex Expands Commodity Derivatives Offering By Introducing Derivatives On Two Commodity ETPs - Listing On 29 July 2011

Date 27/07/2011

The international derivatives exchange Eurex today announced that from 29 July 2011 it will be offering futures and options on two commodity ETPs (exchange traded products) launched by ETF Securities: "Physical Gold" and "Crude Oil". The Physical Gold ETP is one of the world’s largest with assets under management of over 4 billion euros. The new derivatives complement the ETF derivatives segment of Eurex Exchange where 3 futures and 21 options on ETFs are currently tradable.