New Canadian Exchange Selects MIlleniumIT Technology
Canada's new stock exchange, Aequitas, has selected MilleniumIT to provide a suite of capital markets technology products.
MTF/Exchanges
ICE to Sell 33% of Euronext and Launch IPO This Summer
IntercontinentalExchange Group (ICE) has announced the long-expected IPO of Euronext, with shares to be listed on Euronext Paris, Euronext Amsterdam, and Euronext Brussels, and before the IPO, 33% of the ordinary shares will be sold to a consortium of 10 European institutional investors at a discounted price.
Euronext to Close NYSE Arca Europe
Euronext will discontinue the NYSE Arca Europe business at the close of trading on May 2, 2014.
Bank of China Becomes Trading and Clearing Member of Deutsche Börse
Bank of China and Deutsche Börse Group have formed a strategic partnership, where Bank of China will become a trading and clearing participant of Deutsche Börse, and the two companies will work to develop the financial relationship between China and Germany.
NASDAQ OMX Combines Transaction Business Into New Global Group
NASDAQ OMX has combined its transactions, clearing and settlement services in the U.S. and Europe into a newly formed group, Global Market Services.
Open-End Funds to Trade on Euronext Paris
France has authorized active open-end funds to trade on regulated markets or multilateral trading facilities, and as a result, Euronext Paris is planning to admit active open-end funds for trading on the Net Asset Value (NAV) Trading Facility, an on-exchange forward pricing solution for order execution at NAV.
BATS and Direct Edge Complete Merger
BATS Global Markets and Direct Edge have completed their merger on January 31, 2014, creating the second largest U.S. stock exchange. The two exchanges initially agreed to merge in August 2013.
European Energy Exchange Acquires 52% of Cleartrade Exchange
The European Energy Exchange (EEX), a part of Deutsche Börse Group, has acquired a 52% stake in Cleartrade Exchange (CLTX), a futures exchange in Singapore.
Eurex Zürich Acquires Stake in Taiwanese Futures Exchange
Eurex Zürich, a subsidiary of Deutsche Börse Group, will acquire a 5% stake in Taiwanese futures exchange TAIFEX, subject to regulatory approval by Taiwan's Investment Commission and Ministry of Economic Affairs.
NASDAQ Acquires 5% of Borsa Istanbul in Exchange for Technology
NASDAQ OMX has reached a deal with Borsa Istanbul for NASDAQ to provide technology and advisory services to Borsa Istanbul, and NASDAQ will receive cash and a 5% stake in Borsa Istanbul.