The Luxembourg Stock Exchange (LuxSE) and the Industrial and Commercial Bank of China, Luxembourg branch, (ICBC) signed a memorandum of understanding on 4 December 2014 at the occasion of the launching ceremony of ICBC as the RMB clearing bank for Luxembourg.
With this agreement, LuxSE and ICBC intend to cooperate on a range of market activities that are linked to the internationalisation of the renminbi, particularly the listing of RMB denominated securities in Luxembourg.
They will also be cooperating on securities listings in general, as well as on market innovation and new listing products.
LuxSE currently lists 47 RMB bonds for issuers from 20 countries and 8 RMB investment funds. LuxSE is the number one listing venue for RMB bonds outside Asia.
Japan Exchange Group, Inc (JPX) and Singapore Exchange (SGX) will enter a Letter of Intent (LOI) to collaborate in the joint development and promotion of the markets on both exchanges. This cooperation further deepens the long-standing relationship and strategic partnership between JPX and SGX.
In a unanimous and harmonious selection, The Egyptian Exchange (EGX) chairs The Federation of Euro-Asian Stock Exchanges (FEAS). The celebration was carved, in Croatian capital, Zagreb, where The Federation of Euro-Asian Stock Exchanges (FEAS) General Assembly announced the unanimous choice of Dr. Mohamed Omran The Egyptian Exchange (EGX) Chairman as chairman of the federation. EGX is the first Arab Stock Exchange to win this post; that was on margin of the 20th General Assembly meetings of the FEAS. Worth mentioning that since FEAS inception in 1995 till this nomination, Turkey had been chairing the federation and this is the first time a stock exchange other than Istanbul chairs the federation.
The FEAS represents a large scale of important stock exchanges counting to 34 Stock Exchange representing over $700 billion capital market and more than $500 billion of value trades.
Dr. Mohammad Omran, EGX Chairman, announced that this step comes within the framework of the Organization’s strategic plan to regain its place on the regional and international fronts. This is a step that declares that we have overcome the difficult circumstances and we are regaining the position we deserve.
The Vienna Stock Exchange and the Zagreb Stock Exchange signed a cooperation agreement for data vending. With this step, the Vienna Stock Exchange has enlarged its data vending network by another emerging market from Central and Eastern Europe. In the course of the coming year, financial data vendors who are customers of the Vienna Stock Exchange will be able to subscribe to the price information and master data of Croatian companies in real time and in the data quality they are accustomed to. Regardless of the local trading system, international customers will receive the price data and master data of companies from 13 markets via one uniform interface. For the local markets, this creates transparency and raises their international recognition. For the Vienna Stock Exchange, the CEE stock market network expands.
Nigerian Stock Exchange (NSE) and London Stock Exchange Group (LSEG) signed a capital markets agreement at the UKTI and the Emerging Capital event held at the Nigerian Stock Exchange. The objective of the agreement is to strengthen cooperation and promote mutual development between the two exchanges. The agreement supports African companies seeking dual listings in London and Lagos.
The Irish Stock Exchange (ISE) and the Shanghai Stock Exchange (SSE) have signed a Memorandum of Understanding (MOU) with the aim of developing a mutually beneficial relationship between the exchanges.
Deirdre Somers, ISE CEO said: “We are very happy to sign this MOU with our peers from Shanghai. We will be looking at opportunities where our exchanges can leverage our respective strengths to further develop the financial services industry in Ireland, Europe and the People’s Republic of China.”
In 2008 the Central Bank of Ireland (as the Financial Regulator) signed two MOUs with its Chinese counterparts. These MOUs enable Chinese investors to invest in Irish domiciled investment products.
Dr Que Bo, Executive Vice President of the SSE said: “We are delighted to be in Ireland to sign this MOU. We believe that this will lay a solid foundation for exploring further co-operation between us. The ISE is a highly internationalised exchange and we look forward to sharing information and exchanging our respective market knowledge.”
The ISE is one of the leading venues for listing debts and funds in Europe and has over 31,000 securities listed on its markets from 80 countries around the globe. The SSE is considered the most preeminent stock market in Mainland China.
The signing of the MOU took place on the market floor of the ISE.
ASX and the Bank of China have signed a Heads of Agreement to expand their strategic cooperation to develop the Renminbi (RMB) as a currency in Australia’s financial markets.
The Heads of Agreement complements the appointment late yesterday of the Bank of China as the official RMB clearing bank in Australia by the People’s Bank of China, China’s central bank. Official RMB clearing banks have direct access to China’s onshore RMB and foreign exchange markets, and enhance liquidity in the local market.
ASX and the Bank of China launched an RMB settlement service in Australia in July 2014. This service allows Australian companies to pay and receive RMB in near real-time and in the same way as they transact in Australian dollars, reducing their risk and the cost of doing international business.
By signing the Heads of Agreement ASX and the Bank of China commit to explore opportunities that will expand the role of the RMB in financial markets.
Hong Kong Exchanges and Clearing Limited (HKEx) welcomes the announcement by the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission of the start date for Shanghai-Hong Kong Stock Connect (Stock Connect), a mutual market access programme of the Hong Kong and Shanghai stock markets.
As stated in a regulatory announcement HKEx published on the 10th November, the launch of Shanghai-Hong Kong Stock Connect on 17 November 2014 has been approved.
The HKEx market has been ready in terms of technical systems and operations for the launch of stock connect. HKEx is also pleased to announce that all the conditions under the Four-party Agreement* have been satisfied and therefore Stock Connect will commence operation on the launch date.
The list of Exchange and Clearing Participants that will participate in Stock Connect, the list of eligible stocks for Northbound trading and the list of stocks that will be eligible for Northbound margin trading on 17 November 2014 are available in the Stock Connect section of the HKEx website. As the registration process for Exchange Participants who have successfully completed the market rehearsals as China Connect Exchange Participants remains in progress, the participant list will be updated as more registrations are completed. The eligible stock lists will be updated daily.
CME Group and Korea Exchange (KRX) have a strategic partnership realized through a market linkage agreement. The agreement enables KRX members to trade KOSPI 200 futures after hours on the CME Globex trading platform, via the KRX’s Unified System for Global Trading.
The partnership provides:
- A global distribution network for the KOSPI 200 futures
- Virtual 24-hour access to the contract via KRX member firms
Japan Exchange Group, Inc. (JPX) announced that subsidiaries Tokyo Stock Exchange, Inc. and Osaka Exchange, Inc. will open representative offices in Hong Kong's Central business district on November 1, 2014. The joint launch will make Hong Kong the fifth city covered by the corporate group's network of overseas offices that currently spans New York, London, Singapore, and Beijing.
Hong Kong is one of the world's leading international financial centers, with a number of Asian headquarters of international securities companies and asset management companies, as well as global hedge funds. Recognizing that establishing a presence in the city is of prime importance in attracting order flow toward Japan from investors located in Asia, the representative offices in Hong Kong will seek to further raise the profile and appeal of the Japanese market in the region.
Nasdaq (Nasdaq:NDAQ) and Shenzhen Stock Exchange (SZSE) signed a memorandum of understanding (MOU) at the World Federation of Exchanges' annual General Assembly to strengthen cooperation and promote mutual development between the two exchange companies. SZSE's Chairman, as well as Nasdaq's Vice Chairman Sandy Frucher and Executive Vice President and Head of Market Technology Lars Ottersgård were present at the signing ceremony.
Hong Kong Exchanges and Clearing Limited (HKEx), HKEx Group companies the London Metal Exchange (LME) and LME Clear Limited, China Merchants Group Limited (CMG) and China Merchants Securities Co. Limited (CMS), signed a memorandum of understanding (MOU) on 22 October 2014 for a strategic alliance in product development and related services for market users.
The signing ceremony was held in London in the presence of HKEx Co-Head of Global Markets Romnesh Lamba; LME Chairman Sir Brian Bender; Dr Yu Liming, Executive Vice President of CMG; Charles Feng, General Manager of the Business Development Department of CMG, CMS Chairman Gong Shaolin; and CMS CEO Wang Yan. Other senior representatives from HKEx Group and CMG companies also participated in the ceremony.
The African Stock Exchange (AFSX) plans to use the technology and support services of Deutsche Börse's Xetra trading venue. The AFSX is a start-up based in Mauritius with the objective of offering securities trading for the whole of Africa. Xetra trading participants will have easier access to the African financial markets in future through the Deutsche Börse infrastructure. Moreover, market participants in Africa will have technical access to a large pan-European trader network.
Moscow Exchange and Bank of China have signed a cooperation agreement aimed at expanding collaboration between the Russian and Chinese financial markets.
Bank of China President Chen Siqing and Moscow Exchange CEO Alexander Afanasiev signed the agreement during an official visit between the Chinese and Russian Prime Ministers.
BM&FBOVESPA (BVMF) and China Financial Futures Exchange (CFFEX) announce they have agreed a memorandum of understanding (MOU) to enhance mutual understanding, promote bilateral support and facilitate development for both exchanges. The main scope of exchanges agreement covers information sharing, high level dialogue, training and staff exchange and business cooperation.
"This agreement further strengthens the relationship with the financial market in China. The purpose is to explore all possibilities of concrete business between the two exchanges, taking advantage of the strong potential of the two markets and develop new channels for this long-term cooperation”, said Edemir Pinto, CEO of BM&FBOVESPA
"It is essential for CFFEX to strengthen cooperation and exchange with overseas partners such as BM&FBOVESPA. I’m confident that such cooperation will greatly benefit both exchanges and help to achieve a win-win outcome and common prosperity." said Hu Zheng, CEO of China Financial Futures Exchange.
The Stock Exchange of Thailand (SET), together with four stock exchanges in Greater Mekong Subregion (GMS) – Cambodia, Hanoi, Hochiminh and Laos –, participated in the second GMS exchanges CEOs meeting ‘GMS Focus’. This SET’s hosted meeting serves as a platform for closer collaboration among GMS exchanges.
A collaboration of five stock exchanges in GMS has continued after successfully organizing the first GMS Focus last year by initiating the GMS exchange’s information centre on SET website www.set.or.th/en/gms_exchanges, an integrated single-window view into the GMS capital market featuring market data that contains each market stock quotation together with regional brokers and exchanges’ information. It is the first key milestone for the cooperation of the GMS exchanges, bringing new investment opportunities to the region. Furthermore, the five exchanges also jointly agree to launch the GMS exchanges’ information centre from each exchange’s website. In addition, factsheet of listed companies in each market will be facilitated on the website, reinforcing the exchanges’ cooperative effort to promote investment opportunity in the region.
Deutsche Börse Market Data + Services and the Philippine Stock Exchange, Inc. (PSE) have signed a memorandum of understanding (MoU) to establish a market data cooperation between the two exchanges.
Some key areas on which the exchanges would like to collaborate include the licensing of current market data offerings, increasing distribution channels for real-time data, and new product design and innovation. Deutsche Börse and Philippine Stock Exchange would explore these options under the MoU and expect to develop a concrete plan by the end of Q3 2014.
Singapore Exchange (SGX) announced that, following approval from the Reserve Bank of India, its Liaison Office in India has commenced operations with Neena Prasad as its Chief Representative. SGX’s office in India will provide information and act as a communication channel to support capital raising by Indian companies in Singapore. Such capital raising can be achieved via listing of stocks, bonds, Real Estate Investment Trusts, business trusts and/or depository receipts. The opening of SGX's India Office will also strengthen its partnership with the National Stock Exchange of India (NSE). The strategic partnership began in 2000 when the two exchanges collaborated to develop the international futures market. In 2007, SGX took a 5% minority investment in Bombay Stock Exchange (BSE).
Euronext announced that it has signed a Memorandum of Understanding (MOU) with the Dalian Commodity Exchange (DCE).
China Financial Futures Exchange Incorporated (CFFEX) and TMX Group announced the signing of a Memorandum of Understanding (MoU) to enhance their understanding of each others' businesses and to evaluate further business opportunities.
Singapore Exchange (SGX) and Dalian Commodity Exchange (DCE) have signed a memorandum of understanding (MOU) to collaborate on efforts to promote greater understanding and explore initiatives in the development of commodities markets in both China and Singapore. The two exchanges inked the MOU in Singapore on Friday, 7 March 2014.
Singapore Exchange (SGX) and Dalian Commodity Exchange (DCE) have signed a memorandum of understanding (MOU) to collaborate on efforts to promote greater understanding and explore initiatives in the development of commodities markets in both China and Singapore. The two exchanges inked the MOU in Singapore on Friday, 7 March 2014.
The Santiago Stock Exchange and TSX Venture Exchange (TSXV), a subsidiary of TMX Group Limited, today announced they have entered into an agreement that will lead to the creation of a new venture exchange division of the Santiago Stock Exchange, called the Santiago Stock Exchange, Venture.
Bursa Malaysia and the Saudi Stock Exchange (Tadawul) recently entered into a Memorandum of Understanding (MoU) to formalise a collaboration to develop cross border activities between both exchanges in capital market development.
The Saudi Stock Exchange (Tadawul) and Bursa Malaysia have entered into a Memorandum of Understanding (MoU), which will serve to deepen and formalize the existing cooperation between the two exchanges.
On the occasion of the signing of the cooperation agreement between the HELEX Group and the SIBEX Exchange of Romania, an event was held today, February 5th, 2014 at the Hellenic Exchanges Group Headquarters. During this event, the Chairman of the Board of SIBEX, Mr. Ovidiu Galatanu, declared the start of the trading session by ringing the traditional opening bell.
The Vienna Stock Exchange has signed an agreement with the first Asian partner – Kazakhstan Stock Exchange (KASE) for cooperation in market data vending.
NASDAQ OMX Group (Nasdaq:NDAQ) and Borsa Istanbul A.S. have concluded on 31 December 2013 a wide-ranging agreement, which includes the delivery of market-leading technologies and advisory services to Borsa Istanbul, and NASDAQ OMX taking an equity stake in Borsa Istanbul.
The Tel Aviv Stock Exchange (TASE), and Eurex Exchange, have signed a cooperation agreement.
On December 16, 2013, Korea Exchange (KRX) and Indonesia Stock Exchange (IDX) signed a Memorandum of Understanding (MOU) to pursue a continuing relationship for the mutual benefit of the financial services industry in Korea and Indonesia.
PLY: Korea Exchange (KRX) deepened their partnership with EUREX by signing an MoU to develop new financial products linked to the energy sector.
TAIFEX, the Taiwan Futures Exchange, and Eurex Exchange, the international derivatives marketplace and part of Deutsche Börse Group, announced their plan to launch the Eurex/TAIFEX Link on 15 May 2014. With this link, Eurex Exchange will list TAIEX futures and options as daily expiring futures on Eurex Exchange. Derivatives on the TAIEX index are one of the most heavily traded Asian equity index contracts.
Hong Kong Exchanges and Clearing Limited (HKEx) and Singapore Exchange (SGX) agreed to cooperate in several areas of common interest, which include promoting the internationalisation of the Renminbi by exploring joint product development; enhancing connectivity through points of presence in each other’s data centres; collaborating on technology development and regulatory issues; and may work closely in relation to extraterritorial market infrastructure regulation impacting the Asian region.
Deutsche Börse Group, a leading global market infrastructure provider headquartered in the EU with global customers and operations, and Bank of China, the most internationalized and diversified Chinese bank headquartered in Beijing with comprehensive products and powerful customer networks worldwide, announced that they have signed a memorandum of understanding regarding a strategic cooperation. Under the memorandum of understanding the two parties will enter into a preferred partnership to fully explore potential cooperation’s across the value chain in their respective geographies. As part of an on-going strategic dialogue, the intention of the parties is to provide high quality products and services in order to further develop cross border business between China and the European Union.
Singapore Exchange (SGX) and the China Futures Association (CFA) are cooperating in the development of derivatives markets in China and Singapore.
The Saudi Stock Exchange (Tadawul) and the Bahrain Bourse (BHB) have entered into a Memorandum of Understanding (MoU), which will serve to deepen and enhance the existing cooperation between the two stock exchanges.
The Saudi Stock Exchange (Tadawul) and the Abu Dhabi Securities Exchange (ADX) have entered into a Memorandum of Understanding (MoU), which will serve to augment the already robust bilateral relationship between the two exchanges.
IntercontinentalExchange Group, Inc. (NYSE: ICE), the leading global network of exchanges and clearing houses, announced a definitive agreement to acquire Singapore Mercantile Exchange (SMX) in an all-cash transaction. The acquisition will add to ICE's current network of markets and clearing houses in the U.S., Canada, Brazil, the U.K. and continental Europe.
Multi Commodity Exchange of India Limited (MCX), India’s top commodity bourse, and the People’s Republic of China-based Dalian Commodity Exchange (DCE), have signed a Memorandum of Understanding (MoU) to boost strategic co-operation.
Bursa Malaysia Derivatives Berhad (Bursa Malaysia Derivatives) extended their eight-year collaboration for another three years. Both Bursa Malaysia Derivatives and Dalian Commodity Exchange (DCE) formalised their mutual commitment to the promotion and progress of futures markets for oil and oilseeds globally, through the organisation of the annual China International Oils & Oilseeds Conference (CIOC).
The international derivatives market Eurex Exchange has concluded an index licensing agreement with the Vienna Stock Exchange (Wiener Börse AG). The agreement will allow Eurex Exchange to list futures and options on well-known indices of the Vienna Stock Exchange. This means that Eurex Exchange will be able to complement its successful Austrian equity futures and equity options segment with the corresponding equity index derivatives based on the ATX and ATX five.
NASDAQ OMX (NDAQ) and Moscow Exchange (MOEX) announced the signing of a co-operation agreement. Within this agreement both exchanges will work jointly in further developing the Russian technology and biotechnology community. The aim of the co-operation is to jointly facilitate access to capital for the fast growing Russian start-up community and to promote listings at both exchanges.
Abu Dhabi Securities Exchange (ADX) signed an agreement for comprehensive co-operation with Korea Exchange (KRX). The agreement, signed by Deputy Chief Executive of ADX, Mr. Ghanem Al Dhaheri, in a formal ceremony in Seoul provides the framework for ADX and KRX to work together on a number of joint ventures to enhance and develop the infrastructure and processes of ADX.
Deutsche Börse Market Data + Services and BSE announced a partnership under which Deutsche Börse will act as the exclusive licensor of BSE market data and information products to all international clients. The new cooperation will benefit existing and potential customers by giving them access to both exchanges’ market data products under a single license agreement. A signing ceremony was held in Frankfurt on 2 October 2013.
- Singapore Exchange (SGX) and Clearstream to jointly offer a collateral management
- SGX customers will benefit from more efficient use of their assets held with SGX’s Central Depository (CDP) as collateral
- Singapore is first Asian market to use Clearstream’s Liquidity Hub GO (Global Outsourcing) service
Taiwan Stock Exchange (TWSE) is pleased to announce the signing of a Memorandum of Understanding (MOU) with The MIAX Options Exchange (MIAX) to foster mutual cooperation and information exchange in a mutually beneficial partnership.
Next step in partnership between Moscow Exchange and Deutsche Börse Group/ Futures on EUR-RUB and USD-RUB to trade on Eurex
To push forward the building of the domestic platforms for the futures and spot trading of mineral products and promote the sound integration of the futures market and spot market, on August 7, Dalian Commodity Exchange (DCE) and the China Beijing International Mining Exchange (CBMX) signed an agreement of strategic cooperation in Dalian in a bid to deepen the partnership of the two sides.
NASDAQ OMX Commodities and Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group, today announced that they have entered into a strategic alliance (the Alliance). The Alliance involves the NASDAQ OMX US physical energy entity, NASDAQ OMX Commodities Clearing Company (NOCC), a wholly-owned subsidiary of The NASDAQ OMX Group, Inc., and the physical energy exchange and clearinghouse of NGX, which serves more than 250 contracting parties in the US and Canada.
NASDAQ OMX to Provide a Suite of Comprehensive Market-Leading Exchange Technologies to Borsa Istanbul
Partnership Will Strengthen Istanbul's Position as an International Financial Center, and Will Expand Both Companies' Global Footprint
Hong Kong Exchanges and Clearing Limited (HKEx), The London Metal Exchange (LME) and the China Beijing International Mining Exchange (CBMX) signed a memorandum of understanding (MOU) on cooperation and the exchange of information.
Hong Kong Exchanges and Clearing Limited (HKEx), The London Metal Exchange (LME) and Bank of China Limited (BOC) today (Monday) signed a memorandum of understanding (MOU) on cooperation and the exchange of information regarding the clearing of renminbi (RMB) commodity products.
The MoU signed by Mr. Mustafa BALTACI, Executive Vice President of Borsa İstanbul, and Ms. Anila FURERAJ, CEO of Tirana Stock Exchange is expected to be developing of the existing cooperation between Borsa İstanbul and Tirana Stock Exchange.
The Taiwan Futures Exchange (TAIFEX) and the Hanoi Stock Exchange (HNX) signed a Memorandum of Understanding (MOU) to share information and best practices pertaining to product development, business and marketing initiatives, technology, and also in the areas of mutual interests of markets in Taiwan and Vietnam.
Warsaw Stock Exchange (WSE) and CEE Stock Exchange Group AG (CEESEG) have entered into preliminary discussions
Singapore Exchange (SGX) commemorated the 5th Anniversary of its Representative Office in Beijing. SGX CEO Mr Magnus Bocker hosted a dinner with Guests-of-Honour Mr Zhuang Xinyi, Vice Chairman, China Securities Regulatory Commission, Mr Teo Ser Luck, Minister of State, Ministry of Trade and Industry, Singapore and Mr Eric Teo, Deputy Chief of Mission, Embassy of the Republic of Singapore to China.
Singapore Exchange (SGX) and Korea Exchange (KRX) have signed a Memorandum of Understanding (MOU) to jointly explore collaborations in the development of over-the-counter (OTC) financial derivatives clearing capabilities.
Singapore Exchange (SGX) and The Philippine Stock Exchange (PSE) have entered into a Memorandum of Understanding (MOU) to cooperate in the development of Philippines-linked derivatives products.
Eurex Group and the Bombay Stock Exchange (BSE) announced that they have agreed to deepen their strategic partnership through a long-term technology
alliance under which BSE will join the Eurex technology roadmap and deploy Deutsche Börse Group’s trading architecture in a first step. BSE aims to replace its derivatives market platform in the course of 2013 and plans to subsequently replace also its cash market platform. This agreement is an important step in further developing the strategic partnership between Eurex and BSE.
Eurex to launch contracts based on Taiwan’s main index TAIEX in Taiwanese after hours/ TAIFEX to extend global reach of its main index options and index futures contracts
The Vienna Stock Exchange has acquired a new index cooperation partner with the Kazakhstan Stock Exchange (KASE). The Vienna Stock Exchange will calculate the index KTX Local. The contract was signed at the end of last year by both exchanges. The index is composed of the eight most actively traded companies and will be calculated and disseminated daily in real time by the Vienna Stock Exchange.
London Stock Exchange Group announced that it has entered into a technology partnership with Bolsa de Valores de Lima. MillenniumIT, a wholly-owned subsidiary of London Stock Exchange Group will provide state of the art trading and Smart Order Routing technology to Peru's markets via its ultra low latency, highly scalable trading platform, Millennium Exchange and Millennium SOR.
- The initial members of the Liquidity Alliance are ASX (Australia), Cetip (Brazil), Clearstream (Frankfurt/Luxembourg), Iberclear (Spain) and Strate (South Africa)
- The goal of the Liquidity Alliance is to exchange information, identify common needs and to extend global collateral solution
- Liquidity Alliance will be a dynamic forum and open to additional participants from all regions
The Egyptian Exchange (EGX) is pleased to announce that it signed a license agreement in London with NYSE Liffe, the European derivatives business of NYSE Euronext, to list the EGX 30 index. Witnessing the signing ceremony was His Excellency, Mr. Osama Saleh, Minister of Investment of Egypt.
Japan Exchange Group, Inc. (JPX) and India's leading stock exchange, the National Stock Exchange (NSE), signed a letter of intent on January 10.2013 on preparing for the launch of S&P CNX Nifty Index futures, a representative stock price index of India, on Osaka Securities Exchange Co., Ltd. (OSE), a subsidiary of JPX.
On January 10, 2013, İstanbul Menkul Kıymetler Borsası (İMKB) signed a Memorandum of Understanding (MOU) with Japan Exchange Group, Inc. to facilitate cross-listing of ETFs and explore ways to further strengthen their cooperative relationship.
The Korea Exchange, Inc. (KRX) and the Abu Dhabi Securities Exchange (ADX) signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information on January 10.
Singapore Exchange (SGX) and Eurex will offer market access to their customers with their data center linkage available from January 2013.
SGX and Eurex announced in March 2012 a partnership to deliver enhanced market access and cost efficiencies to members of both exchanges by linking their co-location centers.
The China Futures Association (CFA) and Eurex Group signed a comprehensive cooperation agreement in Shenzhen at the 8th International Derivatives Forum in Shenzhen. Both partners foresee an extensive dialogue in order to facilitate the further development of both derivatives markets.
Dalian Commodity Exchange (DCE) and Korea Exchange (KRX) signed the memorandum of understanding (MOU) in Dalian on November 22. This is another significant progress in building strategic partnership with global exchanges after DCE signed MOUs with Dubai Gold & Commodities Exchange (DGCX) and The Nasdaq OMX Group, Inc (Nasdaq OMX). DCE President & CEO Liu Xingqiang and KRX President Soo Hyung Jin presented at the signing ceremony.
A Memorandum of Understanding (MoU) was signed between Tehran Stock Exchange (TSE) and Karachi Stock Exchange (KSE). The document was signed by Dr. Hassan Ghalibaf Asl, CEO of TSE, and Mr. Nadeem Naqvi, Managing Director of KSE.
Deutsche Börse and Moscow Exchange signed a Letter of Intent (LoI) in the presence of Russian President Vladimir Putin and German Chancellor Angela Merkel. The exchange organizations agreed on a strategic co-operation and an extensive exchange of information in order to facilitate the further development of the financial markets. Furthermore the co-operation intends to foster and extend the links between the financial centers Moscow and Frankfurt.
On Oct. 15, The South African Johannesburg Stock Exchange (JSE) and GreTai Securities Market (GTSM) signed a Memorandum of Understanding (MoU) that reflects an agreement by both parties to exchange information in order to facilitate the further development of both financial markets.
Dalian Commodity Exchange (DCE) and The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) (Nasdaq OMX) signed a memorandum of understanding (MOU) on October 15 in Taipei, with an aim to seek new business opportunities on a global scale as well as substantial business exchanges and cooperation in more fields. DCE President & CEO Liu Xingqiang and NASDAQ OMX Vice Chairman Sandy Frucher were present at the signing ceremony.
Dubai Financial Market (DFM) received a high level delegation from the Iraqi region of Kurdistan. The visit is part of an understanding to set up the Erbil Stock Exchange (ESX), with the technical support of DFM. The visiting delegation attended a two day extensive and comprehensive orientation program on various characteristics of the financial market.
İstanbul Menkul Kıymetler Borsası (İMKB) will sign a Memorandum of Understanding (MoU) with Bahrain Bourse at Ceylan Intercontinental Hotel, Istanbul on Monday, September 21.
İMKB signed a Memorandum of Understanding (MoU) with the Republican Stock Exchange “Toshkent” (RSE “Toshkent”), the securities exchange of Uzbekistan on September 6, 2012. The MoU aims at encouraging mutual cooperation between the exchanges.
İstanbul Menkul Kıymetler Borsası (IMKB) and Singapore Exchange (“SGX”) entered into a Memorandum of Understanding, to foster mutual cooperation towards the development of both exchanges and their respective markets.
Deutsche Börse AG and CEE Stock Exchange Group (CEESEG) have recently concluded a major IT agreement. From mid-September 2012, Deutsche Börse IT will act as network operator for the largest stock exchange group in Central and Eastern Europe and provide its ExServes CEESEG FIX Connectivity solution for connecting customers to the CEESEG FIX Gateway.
Singapore Exchange (SGX) further enhanced its ties with China by entering into a Listing Memorandum of Understanding with the Shandong Finance Office.
Singapore Exchange (SGX) announced that it has signed a Memorandum of Understanding (the “Agreement”) with London Stock Exchange (LSE) to jointly develop capabilities which will enable cross-trading of their largest and most actively traded stocks.
NYSE Euronext (NYX) announced the signature of a cooperation and partnership agreement with the Cape Verde Stock Exchange (BVCV) through its subsidiary Euronext Lisbon.
On June 26, GreTai Securities Market (GTSM) and NASDAQ OMX signed a Memorandum of Understanding (MoU) in Stockholm, Sweden.
Hong Kong Exchanges and Clearing Limited (HKEx), Shanghai Stock Exchange (SHSE) and Shenzhen Stock Exchange (SZSE) signed an agreement to establish a joint venture (JV) in Hong Kong with an aim to develop financial products and related services. The three exchanges hope this new venture will help promote the development of China’s capital markets, enhance the competitiveness of these markets and promote the internationalisation of the three bourses.
Presentation by HKEx Chief Executive Charles Li at Joint News Conference on the establishment of a joint venture company with the Shanghai Stock Exchange and the Shenzhen Stock Exchange
The Egyptian Exchange (EGX) and İstanbul Menkul Kıymetler Borsası (IMKB) signed a Memorandum of Understanding (MoU) on Friday 22nd June 2012 in Istanbul-Turkey. By signing this MOU both exchanges aim to enhance cooperation between the two markets; mainly in the field of automated trading systems development, exchanging technical information, sharing expertise for more efficiency of capital markets in both countries and cross listing of ETFs.
Deutsche Börse and the Taiwanese GreTai Securities Market (GTSM) signed a Memorandum of Understanding (MoU) that reflects an agreement by both parties to exchange information in order to facilitate the further development of both financial markets.
The Ministry of Finance of the People’s Republic of China (MOF) and Hong Kong Exchanges and Clearing Limited (HKEx) signed a Memorandum of Understanding (MOU) today (Friday) on the listing and trading of RMB-denominated sovereign bonds in Hong Kong.
Mr. Charamporn Jotikasthira, President of The Stock Exchange of Thailand (SET), and Mr. Bongsoo Kim, Chairman & CEO of the Korea Exchange, Inc. (KRX) recently signed the renewal of memorandum of understanding (MoU), aiming to extend cooperation of both exchanges in exchanging information, improving IT structure, promoting collaborative investment and business opportunities.
Bolsa de Valores de Colombia (BVC), Toronto Stock Exchange (TSX) and TSX Venture Exchange today announced the signing of a Memorandum of Understanding (MoU) to promote cooperation among the securities markets of Colombia and Canada.
NYSE Euronext (NYX) and the China Financial Futures Exchange (CFFEX) signed a Memorandum of Understanding (MOU) to promote a bilateral partnership to support the development of the exchanges futures and options markets.
At an official ceremony in Sofia, the CEOs of the Bulgarian and Romanian central securities depositories signed a long expected co-operation agreement. According to the document signed by Mr. Ivan Dimov and Mrs. Adriana Tanasoiu, CEOs of the two depositories, Bulgarian companies can now get listed on the Bucharest Stock Exchange and thus have access to the Romanian capital market.
During the XIII Annual Conference of the Macedonian Stock Exchange, İMKB Chairman and CEO Mr. İbrahim Turhan and Macedonian Stock Exchange CEO Mr. Ivan Steriev signed a Memorandum of Understanding on May 4 in Skopje. The main purpose of the Memorandum of Understanding is the deepening and enhancement of the already established cooperation between the two stock exchanges.
In a landmark agreement, Switzerland’s post-trade services provider, SIX Securities Services signed a Memorandum of Understanding (MoU) with both Takasbank and MKK to provide international clearing, settlement and custody services. This move is a precursor to the opening up of Turkey’s financial markets to international investment and aligns with SIX Securities Services’ internationalization strategy.
The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) announces that it has entered an agreement with The Nigerian Stock Exchange (NSE) to upgrade their cash equities trading platform. Under the terms of the agreement NASDAQ OMX will replace NSE's existing NASDAQ OMX platform (Horizon) with one powered by its proven X-stream technology. The upgrade is expected to be rolled out at NSE in the first half of 2013.
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announces that the SIX Swiss Exchange successfully completed its upgrade to a new trading platform based on NASDAQ OMX's world-leading INET technology. SIX Swiss Exchange's upgrade of its existing SWXess trading platform utilizes NASDAQ OMX's X-stream INET technology to enable significant latency and throughput advantages in all asset classes for its trading members.
Hong Kong Exchanges and Clearing Limited (HKEx) and Hebei Province’s Financial Affairs Office signed a Memorandum of Understanding (MOU) on cooperation and exchange of information.
BM&FBOVESPA and the Santiago Stock Exchange (BCS) signed an agreement on April 12, 2012 that sets out the implementation of the Chilean derivatives market at the Santiago Stock Exchange. The agreement provides for the transfer of derivatives market knowledge from BM&FBOVESPA to the Chilean Exchange, encompassing products such as equity, interest rate and FX options and futures.
Daiwa Institute of Research Ltd. (hereinafter "DIR"), the core information-generating arm of Daiwa Securities Group, and Tokyo Stock Exchange Group, Inc. (hereinafter "TSE") reached an agreement on April 10, 2012 to conclude a memorandum of understanding (hereinafter "MOU") with the Central Bank of Myanmar (hereinafter "CBM") pertaining to cooperation toward establishing a securities exchange and supporting the cultivation of a capital market in Myanmar.
* Bucharest Stock Exchange and LSE Group to work together across five key business areas
* Partnership to raise awareness of Romanian investment opportunities
* LSE Group executives open the trading session on Bucharest Stock Exchange
NYSE Euronext and Uría Menéndez - Proença de Carvalho are announcing a partnership whose aim is to promote the listing of new companies on the Portuguese stock exchange, namely on Euronext Lisbon and NYSE Alternext markets. The latter is dedicated to small and medium-sized enterprises (SMEs).
NYSE Technologies, the commercial technology division of NYSE Euronext and Koscom Corporation, the technology firm created by the Korean Ministry of Finance and Korea Exchange, announced the signing of a Memorandum of Understanding (MOU) that formalizes a joint commitment to continued technology cooperation and the creation of new international business opportunities. The agreement also supports NYSE Technologies’ core capital markets community strategy of connecting a diverse range of key global vendors, market participants and trading destinations to the Secure Financial Transaction Infrastructure (SFTI) network.
The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) jointly signed a Memorandum of Understanding (MOU) on the Expedited Review Framework for Secondary Listings.
The five founding members of the BRICS Exchanges Alliance (BM&FBOVESPA, Open Joint Stock Company MICEX-RTS, Bombay Stock Exchange, Hong Kong Exchanges and Clearing, and Johannesburg Stock Exchange) began cross-listing benchmark equity index derivatives on each other’s trading platforms on 30 March 2012.
Hong Kong Exchanges and Clearing Limited (HKEx) and Shanghai Futures Exchange (SHFE) have signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.
CME Group and Bank of China announced they have signed a Memorandum of Understanding to explore and potentially collaborate in a long-term business relationship that will harness the strengths of both organizations to provide mutual benefits as both parties grow their global businesses.
The Irish Stock Exchange (ISE) announces a joint venture with the Malta Stock Exchange (MSE) to launch the European Wholesale Securities Market (EWSM), a new market for wholesale fixed-income debt securities. The ISE will own 80% of the new market with the MSE having a 20% shareholding.
Hong Kong Exchanges and Clearing Limited (HKEx) and China Financial Futures Exchange (CFFEX) signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.
The members of the Integrated Latin American Market –MILA- , the Santiago Stock Exchange, Bolsa de Valores de Lima, and Bolsa de Valores de Colombia, in addition to their three Central Securities Depositories, signed an agreement in order to begin the viability studies that will allow the Mexican Stock Exchange’s complete inclusion.
Tokyo Stock Exchange, Inc. (Location: Chuo-ku, Tokyo, President & CEO: Atsushi Saito; hereinafter, "TSE") and NYSE Euronext (Location: New York, NY, CEO: Duncan Niederauer) have signed a "Master Agreement" regarding a mutual connection between TSE's arrownet™ and NYSE Euronext's Secure Financial Transaction Infrastructure (SFTI®). The Master Agreement comes as a result of the collaboration initiated by an LOI signed by both parties on March 1st,2011 (US time). The connection between the two networks has been installed as of the signing of this agreement.
Hong Kong Exchanges and Clearing Limited (HKEx) and the Sichuan Province’s Financial Affairs Office signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.
Deutsche Börse and Istanbul Stock Exchange (ISE) are working together to cooperate in several business areas. Both exchanges support the mutual understanding of developments in each other’s securities markets, carry out joint research projects or seminars on topics of mutual interest and assist each other in marketing activities in Germany and Turkey. It is also their intention to cooperate on the level of joint indices and product development in order to support a closer cooperation between both financial centers, Frankfurt and Istanbul.
The Vienna Stock Exchange has acquired a further partner for data vending with the Montenegro Stock Exchange. The agreement was signed by the two exchanges at the beginning of November 2011. The data vending network of the Vienna Stock Exchange now comprises – apart from the exchanges of the CEE Stock Exchange Group (Vienna, Budapest, Ljubljana and Prague) – six further exchange partners from CEE: the exchanges of Bucharest, Sarajevo, Banja Luka, Macedonia, Belgrade and now also Montenegro. Furthermore, the data disseminated also includes the data of the CEGH Gas Exchange of the Vienna Stock Exchange, the power exchange EXAA (Energy Exchange Austria) and the PXE (Prague Energy Exchange).
Hong Kong Exchanges and Clearing Limited (HKEx) and Zhengzhou Commodity Exchange (ZCE) signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.
The 2nd China-Brazil Capital Markets Forum, jointly sponsored by the Shanghai Stock Exchange (SSE) and BM&F BOVESPA, was held on 27 October in Shanghai. SSE President Zhang Yujun said that the SSE would cement all-round cooperation in the capital markets of both sides with BM&F BOVESPA.
Hong Kong Exchanges and Clearing Limited (HKEx) and Kazakhstan’s Eurasian Trading System Commodity Exchange Joint Stock Company (ETS) signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.
The exchanges of the BRICS emerging markets bloc have announced plans to form an alliance to expose foreign investors to their dynamic economies and to increase the liquidity of their trading venues. This initiative was announced at the 51st AGM of the World Federation of Exchanges (WFE) in Johannesburg.
A Memorandum of Understanding (MoU) was signed between Tehran Stock Exchange (TSE) and Kazakhstan Stock Exchange (KASE) on 28th September 2011, next to FEAS General Assembly in Almaty. The MoU was signed by TSE's CEO, Dr. Hassan Ghalibaf Asl, and KASE's President, Mr. Kadyrzhan Damitov.
BM&FBOVESPA (BVMF) and Shenzhen Stock Exchange (SZSE) signed a memorandum of understanding (MOU) which includes personnel exchange, mutual training, information and experience sharing.
The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEx) is pleased to announce that HKEx has agreed in principle to enter into detailed discussions with the Shanghai Stock Exchange and the Shenzhen Stock Exchange with a view to establish a joint venture company to be incorporated in Hong Kong.
The business of financial intermediation – bringing capital to new endeavours, securing a well-regulated set of investment choices for savers, and enabling risks to be laid off or assumed – has been one of the world’s great growth industries. Regulated securities and futures’ exchanges have stood at the apex of the burgeoning business of financial intermediation. Were we not so used to it, we would be startled that a single type of business could be so prominent that its street address would serve as short-hand for the entire economy, and an index of its prices a key barometer of economic outlook. Wall Street, Threadneedle Street, Hang Sen, Sensex, CAC40: these and other such names have become accepted barometers for economic wellbeing or otherwise.