News Centre

Tehran Stock Exchange Holds AGM

Date 12/06/2013

The annual general meeting of Tehran Stock Exchange (TSE) for the financial year ended 20 March 2013 was held on Tuesday June 11th.

NASDAQ Dubai welcomes MSCI’s upgrade of UAE

Date 12/06/2013

NASDAQ Dubai today welcomed MSCI’s upgrade of the UAE to Emerging Market status as deserved recognition of the successful enhancements that the country has made to its capital markets infrastructure.

Segmentation Costing US Investors Billions – CMCRC

Date 12/06/2013

Capital Markets Cooperative Research Centre (CMCRC), the Australian independent academic centre for capital market research, has found that segmentation to the extent that it has experienced in the U.S. has led to a deterioration of market quality.

eFront Strengthens Its Management Team On The Heels Of A High-Growth 2012

Date 12/06/2013

eFront, a leading software provider of financial solutions for managing alternative investments, is pleased to announce the addition of two new executives to its management team as well as an independent, non-executive director.

FTSE MIB Index Quarterly Review 11 June 2013

Date 12/06/2013

The FTSE Italia Index Policy Committee has approved the following changes to the FTSE MIB Index which will become effective after the close of business on Friday, 21 June 2013 (i.e. on Monday, 24 June 2013).

Misys Appoints New Head Of Southern Europe - Armin Holst Rejoins Misys From Temenos To Lead Regional Sales Effort

Date 12/06/2013

Following the growth of its European software licence revenue by around 40% in the last year, Misys is announcing the appointment of Armin Holst as the new Regional Sales Director for its Southern Europe region, which includes Germany and Switzerland.

SGX Proposes Circuit Breakers For Securities Market

Date 12/06/2013

Singapore Exchange (SGX) is consulting the public on proposed circuit breakers for the securities market.

FESE Calls For Deletion Of Equity OTFs

Date 12/06/2013

Today, the European Council will seek to finalise its position on the revision of MiFID I (Markets in Financial Instruments Directive). This Directive, which was adopted in 2004, changed Europe’s trading landscape by increasing the competition between trading venues. However, MiFID I also led to increased market fragmentation and complexity for investors and companies. One of the most contentious issues that the Council will discuss is whether Europe needs yet another type of trading venue: Organised Trading Facilities (OTFs). The Commission initially proposed to introduce OTFs to capture banks’ internal crossing systems (Broker Crossing Networks ‐ BCNs) that currently operate outside MiFID on an Over‐the‐Counter (OTC) basis. BCNs are private clubs open for business to only a limited number of investors. They allow the operator to trade at discretionary prices. The latest changes proposed to the OTF category at the Council seek to further facilitate the business of these trading venues.

Thai Bourse Market Report For May 2013

Date 12/06/2013

• Daily average trading volume up 76.84 percent year-on-year to THB 58.57 billion (approx. USD 1.95 billion)
• Market cap of SET was THB 13.43 trillion (approx. USD 447.74 billion), down 1.59 percent from April 2013
• Derivatives trading volume up 40.94 percent year-on-year to 71,082 contracts per day

London Stock Exchange Group Plc - Changes To Board Of Directors Of London Stock Exchange Group Plc

Date 12/06/2013

London Stock Exchange Group plc (LSEG) today announces that Stephen O'Connor and Stuart Lewis will join the LSEG Board as Non-Executive Directors with immediate effect. Janet Cohen, Sergio Ermotti and Gay Huey Evans will step down from the Board following the Group's Annual General Meeting on 18 July, at which confirmations of the new appointments will be sought.