EXCHANGE NEWSWIRE, 19 October 2010

BMV reported 3Q10 EPS of P$0.27 (+16% y/y; +3% q/q) on revenues of P$488m (+24% y/y; +6% q/q) and expenses of P$287m (+18% y/y; +6% q/q).

NYX: Liffe’s Amsterdam and Brussels derivatives markets’ rules and trading procedures are now harmonized, allowing market participants enhanced access to the Brussels market.

SGX is in consultations with market participants about a proposal on all-day securities market trading through the elimination of its current 90-minute lunch break which starts at 12.30pm.

SGX CEO Magnus Bocker commented that the exchange will focus on introducing more products to its range of ADRs and cross-trading instruments instead of cost competition.

Dubai Gold and Commodities Exchange (DGCX) and Dow Jones Indexes signed an agreement in which DGCX will launch futures products on Dow Jones-branded indexes.

SIX x-clear was chosen to supply central clearing services for trades executed on UBS’ new European MTF.

Quote MTF hired Ilona Török, formal director of the Hungarian Financial Services Authority, and Mario Josipovic, a former securities lawyer, to join its supervisory board. 

Javelin Capital Markets appointed James Cawley as its CEO and Chris Augustin as its CIO. Cawley was previously CEO at IDX Capital, and Augustin was formerly CIO at Merrill Lynch.

Reuters Breakingviews columnist Neil Collins resigned for failure to disclose financial interest in the firms he covered for the newswire, including BP and Marks & Spencer.

WFE appointed Hüseyin Erkan, Istanbul Stock Exchange Chairman and CEO, to be a WFE board member.

CESR proposed reducing the costs and complexity of post-trade data analysis, and recommended that post-trade records either be standardized with proprietary protocol, or that standards and protocol be prescribed, with non-proprietary and open protocol.

The China Securities Regulatory Commission (CSRC) will review this Friday plans by Bank of China and China Construction Bank to raise as much as CNY135b (USD20.3b) in rights issues in Shanghai and Hong Kong.

Emirates Securities and Commodities Authority (ESCA) and the Capital Markets Board of Turkey signed an MOU to foster cooperation and information exchange between both authorities.

Provided By: Equity Research Desk, www.erdesk.com