BofA Merrill Lynch and Goldman Sachs Choose EurexOTC to Clear Interest Rate Swaps
BofA Merrill Lynch and Goldman Sachs have become clearing members of EurexOTC Clear for Interest Rate Swaps (IRS).
MTF/Exchanges
Exchanges Address SEC Concerns on Technology Glitches
Following a September meeting called by SEC chair Mary Jo White to address technology issues disrupting capital markets, self-regulatory organizations (SROs) for the equities and options markets have developed proposals to strengthen trading infrastructure.
ICE Completes $11 Billion Acquisition of NYSE Euronext
After receiving regulatory approvals in Europe, which caused a slight delay, IntercontinentalExchange Group, Inc. (ICE) has finalized the acquisition of NYSE Euronext for a total value of around $11 billion, creating by far the largest exchange, with a market capitalization of $23 billion.
Slight Delay in ICE-NYSE Euronext Merger
InterContinentalExchange (ICE) and NYSE Euronext have postponed the proposed November 4th closing date for their merger as they await final approval from regulators, but the exchanges do not foresee any significant cause for concern.
Capital Market Integration Increases Latin American Competitiveness
At the NeMa Americas conference in New York last week, industry leaders spoke about the opportunities for investment in the Latin American region, and one way to boost that investment has and will continue to be the cooperation and coordination of the various nations within the region.
Deutsche Börse Agrees to Market BSE Data Products Internationally
Deutsche Börse Market Data + Services, the analytics and connectivity arm of the German exchange group, has partnered with BSE (formerly Bombay Stock Exchange), where Deutsche Börse will be the exclusive licensor of BSE market data and information products internationally.
Myanmar Builds Capital Market for 2015 With Torstone Back-Office Software
Torstone Technology will provide the back-office post-trade processing solution for Daiwa Institute of Research (DIR), the think tank subsidiary of Daiwa Securities Group, as DIR works towards building a capital market in Myanmar.
NYSE Euronext and ACE Partner on Private Placement Exchange
NYSE Euronext has acquired a minority stake in ACE, an exchange for the private placement of securities.
New Clearinghouse Paves Way for Second Brazilian Exchange
Americas Trading Group (ATG) has partnered with Risk Office to create a new clearinghouse in Brazil, which brings the nation one step closer to receiving its second stock exchange.
BATS and Direct Edge Exchanges Agree to Merge
BATS Global Markets and Direct Edge have agreed to merge, which will make the combined operation the second-largest stock exchange in the U.S. behind the NYSE Euronext and surpassing the NASDAQ.