Deutsche Brse has added another exchange traded fund (ETF) to its XTF section the Dow Jones Euro STOXX 50 Master Unit. The new ETF is issued by Lyxor International Asset Management, a subsidiary of Socit Gnrale, and tracks the DJ
The London Stock Exchange today reacted to the failure of the UK government to take the opportunity of the Chancellor of the Exchequer's pre budget report to Parliament today to abolish stamp duty on share dealing. "For 5 years now,
In line with the plans outlined at the time of its merger with CREST, Euroclear is pressing on with the creation of the Market Advisory Committees (MACs) which it believes will insulate Greater Euroclear from market and regulatory concerns about
The direct link from the HKMA's Central Moneymarkets Unit (CMU) to Euroclear, the Brussels based ICSD, commenced live operation today, says Euroclear. "The fully automated, real time CMU link to Euroclear enables Asian investors to hold and settle international debt
The Canadian Depository for Securities (CDS) has announced the postponement for the implementation of CDSX (formerly known as system X) due to a number of outstanding issues related to CDSX Risk Model. The implementation was originally scheduled for December 2,
SWIFT announced today that 94 per cent of securities message traffic had migrated to ISO 15022 by the 16 November 2002 deadline. "The industry has responded to the challenge, showing a collective responsibility and a commitment to meeting the migration
CLS Group Holdings AG (CLS Group) announced today that American International Group, Inc. (AIG) has become a shareholder of CLS Group. It is expected that AIG, through its subsidiary AIG Trading Group Inc. (AIG Trading), will participate in CLS Bank
OneChicago says that it today traded more than 3,000 contracts (more than 300,000 shares of common stock) and matched 677 trades on its first day of trading security futures. It adds that firms reported that OneChicago's trading platform was fast
In the third quarter, Deutsche Brse achieved its best result to date, with record sales revenue of Euros 388.3 million euros and an EBIT of Euros 87.9 million euros. The third quarter profit is diminished by Euros 33 million due
OM today announced the launch of Transaction Service Provider (TSP), an outsourcing solution exchanges and clearinghouses. With TSP, OM hosts operations at a "marketplace hotel", a platform that is shared with other exchanges and clearinghouses. "As markets shrink and competition