The Nigerian Stock Exchange goes live with Nasdaq SMARTS market surveillance technology

July 17, 2017 02:03 PM
Exchange Shorts

NDAQ called for mandatory central counterparty clearing of US Treasuries.

BYMA launched options on USD-denominated Argentine Bonds. Calls and Puts are negotiated in US Dollars for the first time and BYMA guarantees the transactions acting as Central Counterparty.

ICE: NYSE President, Thomas Farley, will appear before the House Financial Services Capital Markets Subcommittee on 18-July to discuss Sarbanes-Oxley and corporate governance.

NDAQ: Nigeria SE launched a new market surveillance platform powered by SMARTS, Nasdaq's flagship surveillance solution.

NDAQ and Investment Industry Regulatory Organization of Canada (IIROC)
signed an agreement which extends the surveillance technology relationship between IIROC and Nasdaq’s SMARTS.

DB1: Clearstream will apply for new licenses to operate under the Central Securities Depositories Regulation (CSDR), that require Europe’s CSDs to submit their application files to local regulators by 30-Sep. Authorisations are expected to be granted from mid-May 2018 onwards.

HKEX: LME Gold traded a total of 25,590 lots (2.6m ozt / 79.6 tonnes) while 2,556 lots (12.8m ozt / 397.5 tonnes) of LME Silver were transacted. LME Gold and Silver open interest reached 9,380 lots and 2,253 lots respectively.

Bulgarian SE (BSE) initiated a procedure for a possible acquisition of Independent Bulgarian Energy Exchange (IBEX). Bulgarian Energy Holding (BEH), which is the sole owner of IBEX, has decided to launch a divestment procedure. The possibility of BSE acquiring 100% of the capital of the energy exchange is being discussed.

LSE purchased 76k shares at 3,687p per share, as part of its £200 million repurchase program. Total purchases add 3.53m shares up to date.

BGCP plans to expand in swap compression services.

SEC Chairman Jay Clayton said he would like to work with the CFTC in order to achieve greater harmonization Dodd-Frank rules and reduce complexity and costs.

About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at