NDAQ and SEB will jointly test a prototype for a mutual fund trading platform based on blockchain technology. The aim is to increase efficiency in the processing of purchases and sales of fund units and to create a unit ledger.
HKEX plans to introduce cash-settled TSI Iron Ore Fines 62% Fe CFR China Futures, with the rollout tentatively set for November of this year.
DB1: Eurex redesigned its Market-Making program to adapt to MiFID II, effective January 2018. Eurex will introduce Regulatory Market-Making (RMM), a Liquidity Provider Framework, new market conditions and Requirements and Incentives for Liquidity Providers for quotation under Stressed Market Conditions.
DB1 joined the #We4Europe initiative to advocate for the future of Europe. The initiative seeks to raise awareness of political and economic integration and a shared market, which have given Europe prosperity, freedom and peace for decades.
ICE: Nine new MSCI Index futures are now available for trading with the launch of the MSCI USA Small Cap Index future and a range of country and regional emerging markets index futures.
ICE launched the NYSE FANG+ Index, an index that provides exposure to technology stocks including Facebook, Apple, Amazon, Netflix and Alphabet. On 8-Nov, ICE Futures US plans to launch a quarterly futures contract based on the NYSE FANG+ Index.
JPX: OSE will introduce Flexible Contract Months for security options trading and index options trading as a new listed options trading method, which allows flexible setting of exercise dates and strike prices.
CBOE launched the CBOE S&P 500 Dividend Aristocrats Target Income Index (SPAI), a benchmark index designed to track the hypothetical performance of a partial buy-write strategy applied to S&P 500 Dividend Aristocrats Index components.
LSE welcomes Franklin Templeton Investments as the latest ETF issuer on its market.
NZX has released a discussion document outlining the proposed scope and areas of focus for its Main Board/Debt Market Listing Rules review, and is now seeking feedback from interested parties.
SEC Chairman Jay Clayton testified before the Senate Banking Committee over the handling of the hack of the EDGAR database.