EXCHANGE NEWSWIRE, 24 August 2010
Chi-X Europe received an “enquiry from an unidentified suitor” to buy the whole or part of the Company. The bid is currently being reviewed by the Board of Chi-X Europe. Chi-X Europe said they were “not seeking a transaction and the option of remaining independent would allow us to build further value for shareholders.”
NYX: NYSE Amex will invert pricing in cash equities from September 1. For the upper tier, Amex will charge 13 cents per 100 shares while rebates will remain unchanged at 19 cents per 100 shares.
CME launched four new Coal contracts which will be settled against the API 2* and API 4* indices.
CME: Green Exchange set a daily volume record of 5k contracts on August 23rd.
DB1: Eurex will launch options on six Lyxor ETFs: DJ Russia Titans, DJ Turkey Titans, Hang Seng China Enterprise Index, Hang Seng Index, CECE Eastern Europe and MSCI Emerging Markets.
DB1: ISE launched a new Step Up and Match feature for Facilitation and Price Improvement Mechanism orders.
BMV received a bomb threat that was made in a phone call to the Public Security Ministry. No explosive was found in the building and the exchange was never evacuated and operations continued normally.
CBOE set a new daily volume record of 90.8m shares on August 20th.
Bombay Stock Exchange: Soros bought 4.04% equity stake in BSE at a price in the range of INR 375-380 per share, valuing the company at about $800 mn.
Tehran SE launched the TEFIX30 index, which will track TSE’s 30 largest companies in terms of free-float market cap and liquidity.
Nigerian Stock Exchange may demutualize and go public in the future, following efforts by the regulators to strengthen capital markets in the country.
Fidessa was selected by Tokai Tokyo Securities as Service (SaaS) trading platform.
Invesco appointed Leo Burnett as its agency of record for all North American brand positioning and strategy initiatives. Invesco's Masterbrand program will be led by Leo Burnett offices in Chicago and Toronto.
TD Ameritrade announced that futures and FOREX trading capabilities are now available via the firm’s thinkorswim from TD AMERITRADE trading platform.
optionsXpress subsidiary BrokersXpress selected SunGard's WealthStationTrading platform to serve its RIAs.
Knight was initiated with an “Outperform” rating at Wedbush. Target price was set at $18.
optionsXpress was downgraded to “Underperform” from “Neutral” at Macquarie. Target price was reduced to $13 from $16.
Tradestation was upgraded to “Outperform” from “Neutral” at Macquarie. Target price was maintained at $7.50.
Provided By: Equity Research Desk, www.erdesk.com