EXCHANGE NEWSWIRE, 03 December 2010
The European Commission published its MiFID II draft document which revealed measures aimed at a tackling HFTs and broker dark pools. The document proposed that HFTs over a minimum quantitative threshold will need to be authorized as investment firms, and also included the creation of a new regulatory category for broker dark pools.
RTS confirmed plans to be listed in Russia in 2011, with the main aim of raising funds to increase its capitalization, and guarantee funds for its clearing and depository infrastructure. CEO Roman Goryunov refused to comment on speculation of a merger with MICEX.
RTS FORTS derivatives turnover reached a record of RUB 233b (USD7.4b) on December 2. The equity derivatives section saw a record total open interest of RUB 107b and open interest in RTS index futures of RUB 69b.
NYX: BlueNext started trading spot contracts for Emission Reduction Units.
Nasdaq OMX may implement special measures to increase listings in its OMX First North Alternative Market by Finnish companies, according to the Kauppalehti newspaper.
BM&FBOVESPA and the BNDES launched the Carbon Efficient Index (ICO2) that tracks the return on a portfolio of IBrX-50 index companies that adhered to the initiative. The ICO2 index is calculated using companies' free float and greenhouse gas emissions coefficient.
ASX launched ASX Trade, its next generation NASDAQ OMX Genium INET platform and currently the fastest integrated equities and derivatives trading platform in the world. The platform improves ASX’s latency from 30 milliseconds in 2008 to 300 microseconds now.
MF Global’s former CEO Bernard Dan was appointed President of proprietary trading firm Sun Holdings eight months after leaving his leadership post in MF Global.
Compagnie Financiere Tradition reached an agreement to acquire from The Royal Bank of Scotland, 30% of CM Capital Markets Holding, an interdealer broker established in Spain and Brazil specialized in monetary futures, government bonds, equity, capital markets and energy products brokerage.
Execution Noble: a 50.1% stake in the UK-based broker and investment bank has been acquired by Banco Espirto Santo de Investimento (BESI).
Provided By: Equity Research Desk, www.erdesk.com
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