Hellenic Exchanges Group to revise its organization
The Board of Directors of Hellenic Exchanges Group companies has decided to revise the organization of the Group in order to improve its organizational structure in line with international industry practices and upcoming requirements resulting from the implementation of EMIR and other European regulations. Following completion of the restructuring, the Group will tender the services of Athens Exchange and will own 100% of the Central Securities Depository which will operate the Exchange's clearing house. The relevant decisions are subject to approval by the shareholders' General Meetings of the different companies of the Group scheduled to take place within 2013.
NASDAQ OMX completes acquisition of platform for US treasuries trading
The NASDAQ OMX Group completed its acquisition of the eSpeed platform which operates a fully executable central limit order book for electronic trading in benchmark US Treasuries. It will be integrated into the NASDAQ OMX transaction services business to better serve dealers in the OTC market while data products on US Treasuries will be integrated into NASDAQ OMX Global Information Services, further enhancing NASDAQ OMX's data product offering.
Taiwan Stock Exchange appoints new President
The Taiwan Stock Exchange has appointed Michael Lin as President, succeeding Samuel Hsu.