Exchange shorts: LSE, NDAQ, HKEX & more

January 23, 2018 09:50 AM

The Stock Exchange of Hong Kong (HKEX) will introduce its new securities trading system for the Hong Kong market, the Orion Trading Platform - Securities Market (OTP-C), on Feb. 5 2018. The system is designed to initially support up to 60,000 order transactions per second, up 100 per cent compared with AMS/3.8, with scope for further increases.

NASDAQ (NDAQ) CEO Adena Friedman said Nasdaq is assessing crypto futures, including Bitcoin and beyond. Also, NDAQ appointed Joseph Mecane to the board of directors of the US exchanges operated by the company.

Deutsche Börse (DB1) CEO, Theodor Weimer, sees Brexit as an historic opportunity to secure a larger portion of the euro-clearing business, according to Reuters.  Also, DB1 announces that STOXX launches first global AI index based on AI algorithm. 

DB1 appointed Ingrid M. Haas as responsible for Communications and Marketing. Ingrid M. Haas has been running her own communications consultancy since leaving her position as Head of Corporate Affairs with Vodafone Deutschland.

Mercado Abierto Electrónico (MAE) CEO Alberto Estrada resigned and the market operator is seeking for a new chief executive. Estrada will continue until the AGM in April.

The London Stock Exchange (LSE): MTS extended the trading day to 22 hours, six days a week, on its BondsPro platform for corporate bonds and emerging market debt.

Moscow Exchange (MOEX): Central Bank would be considering MOEX for cryptocurrencies trading, according to head of the State Duma’s Financial Market Committee, Anatoly Aksakov. Reported by TASS.

Luxembourg Stock Exchange (Luxembourg SE) signed a MoU with the Agricultural Development Bank of China (ADBC) to set up an access scheme to display ADBC’s green, poverty alleviation and sustainability bonds on the Luxembourg Green Exchange (LGX) platform. International investors will gain access to detailed information in English about Chinese green bonds issued by ADBC, traded on the Chinese Interbank Market (CIBM) and accessible through the Bond Connect scheme.

Malawi SE (MSE) will transition all operations to an automated trading system (ATS) in May; reported by The Times Group.

The Bank of New York Mellon (BNY Mellon) will launch FX prime brokerage service. BNY Mellon's clients will be able to transact a range of FX products and access pre- and post-trade services, such as collateral, funding and liquidity management.

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