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  • Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

    Date 26/08/2011

    Standard & Poor's Canadian Index Operations announces the following index changes:

    • On August 25, 2011, the bid by Nyrstar NV (Brussels:NYR) to acquire Breakwater Resources Ltd. (TSX:BWR) expired and was successful. Nyrstar will acquire Breakwater for $CDN7.00 cash per share. Breakwater will be removed from the S&P/TSX SmallCap and Equity SmallCap, the S&P/TSX Global Base Metals and Equal Weight Global Base Metals and the S&P/TSX Global Mining Indices effective after the close of Wednesday, August 31, 2011.

  • BM&FBOVESPA And Shenzhen Stock Exchange Sign Memorandum Of Understanding

    Date 26/08/2011

    BM&FBOVESPA (BVMF) and Shenzhen Stock Exchange (SZSE) announced today that signed a memorandum of understanding (MOU) which includes personnel exchange, mutual training, information and experience sharing. The MOU was signed by Ms Song Liping, President of Shenzhen Stock Exchange, and Mr. Edemir Pinto, CEO of BM&FBOVESPA, during the 5 th International, Financial and Capital Market Conference.

  • Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

    Date 26/08/2011

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Friday, August 26, 2011:

    • Lucara Diamond Corp. (TSXVN:LUC) will be removed from the index. The company will graduate to trade on TSX under the same ticker symbol

  • BATS 1000 Index Rises 4.8% This Week - Index Breaks Four-Week Losing Streak - Advances 615.19 Points On Week

    Date 26/08/2011

    BATS Global Markets, a global stock market operator, reports the BATS 1000SM Index (Ticker: BATSK) was up 4.8% the trading week ending August 26. The S&P 500 Index advanced 4.7% on the week.

  • GFMA Comments On Basel Committee’s Capital Surcharge Proposal

    Date 26/08/2011

    The Global Financial Markets Association (GFMA) today announced it has submitted comments to the Basel Committee on Banking Supervision (Basel Committee) in response to the Consultative Document issued July 19, “Global systemically important banks:  Assessment methodology and the additional loss absorbency requirement,” which would impose a capital surcharge on global systemically important banks (G-SIBs). While GFMA strongly supports the goal of the Basel Committee to promote financial stability, GFMA has serious concerns with the proposed surcharge and believes the proposal should be fundamentally revised and re-proposed to address these concerns.