IEX files for IPO with SEBI

June 19, 2017 11:25 AM
Exchange Shorts

LSE: Hubertus Vath from Frankfurt Main Finance said Euro clearing businesses have begun moving accounts to Frankfurt and would be naïve to think the UK could continue to dominate that market. Reported by City AM.

CBOE: Bats launched 18 new regional European benchmark indices, including the Bats Eurozone 50, Bats Nordic 40 and Bats Europe All Companies.

LSE: UnaVista welcomed more than 20 firms to its Partner Programme in the first half of 2017. The programme was launched in Feb-2017.

HKEX appointed Roland Chai as Managing Director, COO of its Clearing Division and Head of Clearing Risk Solutions.  He reports to Calvin Tai, HKEX's Joint COO and Head of Clearing.

HKEX announced plans to overhaul its equity markets in an effort to improve investor protections and encourage tech startups according to Reuters.

HKEX unveiled proposal for a new board that will offer special voting rights and waive profitability requirements, to attract firms which typically choose New York over the Hong Kong. According to Reuters. 

SGX and ETPL signed an MoU to help start-ups and SMEs tap on innovative technologies and capital more efficiently.

NSESEBI to appoint a forensic auditor to see if brokers made profits by preferential access to NSE colocation facility; according to Business Standard.

BSE: Central Depository Servicesindia (CDSL) IPO opened today and closes on 21-June. BSE will sell 26% stake as it needs to decrease stake in CDSL from 50% to 24% by 30-Jun. IPO price band is fixed at Rs145-Rs149 with an issue size of Rs510-Rs524 crore. Reported by Bloomberg.

Indian Energy Exchange (IEX) files for IPO with SEBI, comprising the sale of 6.06m shares through a secondary offering. 20.83% of shares will change hands. Reported by VCCiRCLE.

BVC: Colombia InsideOut help Colobia’s top companies to hold 305 business meeting with foreign investors in London and New York.

FCA chairman Griffith Jones confirmed plans to depart in March 2018. According to The Trade.

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