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  • Interxion Increases Credit Facilities To Euro 180 Million

    Date 23/06/2009

    Interxion, a leading European operator of carrier-neutral data centres, today announced the completion of a Euro 45 million subordinated credit facility. The facility complements an existing revolving credit facility of Euro 135 million and will be used to support Interxion’s demand-led build-out of its data centre footprint across the 11 countries in which it operates.

  • Dubai To Set Crude Oil Selling Price Based On DME Oman Contract

    Date 23/06/2009

    The Dubai Mercantile Exchange (DME) confirmed today that the Dubai Department of Petroleum Affairs (DPA) will set the official monthly selling price (OSP) for the Emirate’s crude oil based on a differential to the settlement price of the DME’s Oman Crude Oil Futures Contract.

  • Euroclear Nederland To Connect Issuers And Shareholders

    Date 23/06/2009

    Euroclear Nederland, the central securities depository (CSD) for all Dutch securities, is proposing to offer a service to help equity issuers identify the ultimate holders of their shares. As a result, investors would be able to more easily exercise their rights and duties as shareholders, and issuers would be in a better position to communicate directly with end investors. New legislation in the Netherlands, currently expected to take effect in January 2010, imposes strict shareholder

  • Quod Financial's ASOR Powering New TOM Best Execution Service - Selected On Liquidity Hunting Capabilities And Unique Ability To Route Equities And Derivatives

    Date 23/06/2009

    Quod Financial, a global provider of multi and cross-asset adaptive trading technology, is providing a core technology for Amsterdam-based TOM, (The Order Machine), a new best execution service for equities. Quod Financial’s Adaptive Smart Order Router (ASOR) was selected for its adaptive technology to seek liquidity for cash equities and, eventually, derivatives.

  • KYTE Offers DMA To Other Trading Groups

    Date 23/06/2009

    Kyte Group is offering its market-leading expertise in trading technology to other trading groups. It is providing Direct Market Access, to multiple trading venues, to algorithmic trading groups, traders with automated trading strategies and traders using FIX connectivity.

  • Egyptian Exchange (EGX) Signs A Memorandum Of Understanding (MOU) With Shenzhen Stock Exchange

    Date 23/06/2009

    In its continuous efforts to enhance international relations on the regional as well as the global fronts, EGX signed a Memorandum of Understanding with Shenzhen Stock Exchange, China, on the 7th of June 2009 regarding mutual cooperation on capital markets' developments.

  • Australian Securities Exchange: Results Of 2008 Australian Share Ownership Study

    Date 23/06/2009

    Approximately 6.7 million people or 41% of the adult Australian population own shares, either directly (via shares or other listed investments) or indirectly (via unlisted managed funds), according to the latest Australian Share Ownership Study (Study) released today by the Australian Securities Exchange (ASX).

  • Tokyo Commodity Exchange: Final Report Of Suspended Trading Session On May 12

    Date 23/06/2009

    Tokyo Commodity Exchange Inc. (TOCOM or “the Exchange”) reported today that it has determined what ultimately caused the connectivity failure between the Member systems and the Exchange system which led to the suspended trading session on May 12, along with the preventive measures and disciplinary actions to those who are responsible for trading system operation.

  • Tokyo Grain Exchange Daily Price Limits From June 23, 2009

    Date 23/06/2009

    The daily price limits will change from June 23, 2009. Soybeans will be expanded to 2,700yen. Non-GMO Soybeans will be reverted to 1,800yen. Robusta Coffee will be expanded to 1,500yen.

  • SIFMA Disappointed With Supreme Court Denial Of Business Activity Tax Case

    Date 22/06/2009

    The Securities Industry and Financial Markets Association (SIFMA) today issued the following statement after the U.S. Supreme Court decided not hear Capital One Bank v. Commissioner of Revenue, a Massachusetts Supreme Judicial Court case dealing with a state’s right to tax a company’s activities while maintaining no physical presence in the state.