STOXX is expanding its footprint in the Asia-Pacific region

November 22, 2017 10:46 AM
Exchange Shorts

DB1’s €200m or 13.2m shares buy-back program announced on 26-Apr will be implemented starting on 27-Nov, and ends on 30-Jun-2018.

CME removed a notice posted on its website that said that the Bitcoin Futures contract would become effective on 10-Dec, a Sunday, for trading on Dec. 11, according to Reuters. The notice was posted in error, CME spokeswoman Laurie Bischel said.

London Stock Exchange: TCI founder Christopher Hohn called for the Bank of England and the FSA to intervene to instruct the Board to appoint a new Chairman who should be tasked with solving the corporate governance crisis. TCI forced the LSE to hold a shareholder meeting to vote on the continuation of Donald Brydon as Chairman. Also, LSE’s board is lining up its finance director David Warren as an interim head to prepare for a potential abrupt exit of its CEO Xavier Rolet, according to Financial Times.

BYMA: BCBA plans to sell a 5.3% stake in BYMA through bookbuilding on Thursday. The bookbuilding is run by Banco de Valores. Also, the Argentine regulator CNV has opened new projects on securities lending and short selling for public consultation.

MATBA launched futures on Grupo Financiero Galicia, after receiving CNV approval.

NDAQ will deliver a new blockchain solution for electronic voting JSE’s CSD, Strate. Strate will provide general meeting services and give shareholders secure tool for voting remotely. The solution is based on the proof of concept (PoC) developed for Nasdaq’s Estonia market.

DB1: STOXX is expanding its footprint in the Asia-Pacific region as smart beta strategies are gaining the interest of Asian investors. STOXX hired Rick Chau as new Head of Asia-Pacific in November.
LSE: 21 new companies join ELITE from across Europe, Turkey, Russia and Israel, bringing total number of firms in ELITE community to 683.

ENX: FastMatch announced today that individuals may now purchase FX Tape data from its website at a cost of €40 a month, using their credit cards.

BME’s hosted Latibex Forum, begins tomorrow with the presence of 40 companies and 200 intermediaries and investors.

HKEX: LME agreed a range of waivers and discounts to assuage its members when it starts to charge a fee on OTC contracts that reference its prices. A consultation will start on 22-Nov and end on 12-Jan with a view to beginning charges from April 3.

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