Exchange Shorts: CBOE, LSE, TAIFEX & more

December 29, 2017 11:26 AM

BME, NDAQ, ENX and DB1 are collectively raising their market data prices from Jan. 1. Financial Times reported the move is raising concerns on customers including banks, HFT and alternative trading venues.

CBOE announced changes in the membership of the boards of its six U.S. securities exchanges, and as a result, the six exchanges will have the same six directors as of Jan. 1, 2018.

BYMA will migrate trading in the most illiquid stocks from the central limit order book to an auction mechanism. BYMA will conduct three auctions every trading day.

London Stock Exchange launched 106 (+63% y/y) IPOs, raising £15b (+164% y/y) in London during 2017. Nine of the top ten IPOs by size came from outside of the UK.

Helex was recognized by HCMC Board as an approved reporting mechanism (ARM), and an approved publication arrangement (APA).

MOEX Supervisory Board has approved 25 new members of the Exchange Council. The newly appointed members elected Andrey Zvyozdochkin, CEO of Aton, as the Council's chairman.

TAIFEX will offer reduced exchange trading and clearing fees in 1Q18 by way of rebates to institutional investors to encourage them to trade more actively.

SEBI announced reforms including easier access norms for foreign investors, allowing integration of stocks and commodities trading on a single exchange and capped cross-holdings in rating agencies as well as mutual funds to safeguard investors' interest. Reported by Times of India.

South Korea considers imposing a ban on opening anonymous cryptocurrency accounts and enacting new legislation that would let regulators close coin exchanges; according to Reuters.

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