At its meeting on 30 June 2017 Moscow Exchange's Supervisory Board has recommended that the company pay an interim dividend for the first half of 2017. The final decision on the payment, including the amount to be paid, will be made by shareholders at an EGM in early September. The date of the EGM will…
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Bats Europe, a CBOE Holdings Inc. (NASDAQ:CBOE) company and the region’s largest equities exchange operator, today reported June volume and highlights for Bats LIS, its new block trading platform powered by BIDS technology, which saw more than €2 billion in notional value traded during the month, setting a new monthly record. Bats, which completed the…
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Singapore Exchange (SGX) has announced that it will commence trading of Daily Leverage Certificates (DLCs) on Asian indices starting from July 17, 2017. SGX is Asia’s first venue to offer trading in DLCs, allowing Specified Investment Products (SIP)-qualified investors to gain fixed leveraged exposure to key Asian indices. DLCs come without implied price volatility, time decay…
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Hong Kong Exchanges and Clearing Limited (HKEX) and The Chinese Gold and Silver Exchange Society (CGSE) signed a Memorandum of Understanding (MOU) to consider cooperation on matters ranging from product promotion to storage vaults. Christopher Hui, Managing Director for Market Development and Head of Project Management at HKEX, and Brian Fung, Chief Executive Officer at…
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Toronto Stock Exchange (TSX) today provided an update on the progress of TSX NAVex, its centralized mutual fund solution. Across the mutual fund industry, interest continues to grow as Canadian dealers and fund providers converge on the platform in preparation for trading. TSX NAVex recently welcomed National Bank of Canada and the National Bank Correspondent…
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Hong Kong Exchanges and Clearing Limited (HKEX) has published a consultation paper to seek views on its proposed after-hours trading (T+1 Session) enhancements. The proposed changes include: Extending the T+1 Session for equity index futures from the current 5:15 pm to 11:45 pm to 5:15 pm to 3:00 am the following day in two phases;…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced that has appointed China Exchanges Services Company Limited (CESC), a joint venture of HKEX, Shanghai Stock Exchange and Shenzhen Stock Exchange, to explore a Belt & Road Index in response to the market’s interest in a barometer for the Mainland’s Belt & Road Initiative. The index would…
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Vapiano SE (ISIN: DE000A0WMNK9) has been listed in the Prime Standard at the Frankfurt Stock Exchange as as of today. The issue volume of the IPO was around €184 million. The first price was €23.95, the issue price €23.00. The IPO was accompanied by Barclays Bank, Joh. Berenberg, Gossler & Co. and Jeffer-ies International with…
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CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it priced an underwritten public offering of $300 million of its 1.950% Senior Notes due 2019. The offering is expected to close on June 29, 2017, subject to the satisfaction of customary closing conditions. CBOE Holdings estimates that the net proceeds from the offering will be approximately…
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Euronext just announced that the U.S. Commodity Futures Trading Commission (CFTC) has confirmed its non-objection for Euronext to grant direct trading access to U.S. participants on the CAC 40® Dividend Index Futures and the AEX® Dividend Index Futures. Effective 13 June 2017, Euronext participants and investors domiciled in the U.S. now have direct trading access…
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