EXCHANGE NEWSWIRE, 28 September 2010

ASX confirmed discussions regarding “possible business combinations” with other operators after its share price rose more than 10% to A$33.91 from A$30.35 in the last week.

MCX-SX was not granted approval to set up stock and debt trading platforms in addition to its existing currency function, as SEBI claimed the exchange’s application had violated the 5% stock market individual ownership limits.

ICE Europe will increase the number of contracts used for offseting coal futures margining costs, according to a report by Global COAL.

RTS hit a record open interest on the power price index futures contract with 4,794 contracts worth RUB 101,403,896.40, double last year’s amount.

DB1 launched Xetra-Gold in the UK. Xetra-Gold is an exchange-traded security in the form of a bearer note and is 100% backed by gold.

Quote MTF agreed to adopt the same pan-European tick size regime as initiated by the Federation of European Securities Exchanges (FESE) as it “is to the benefit of all participants and investors by encouraging efficiency, consistency and clarity.”

LSE and LCH.Clearnets’ applications to trade and clear OTC equity derivatives linked to STOXX indices were rejected by DB1 and SIX Group.

Vienna Stock Exchange introduced three capitalization-weighted net dividend indices, the ATX Net Total Return (ATX NTR), CECE Net Total Return (CECE NTR) and RDX Net Total Return (RDX NTR).

STOXX licensed four sector strategy indices to underlie ETFs available on NYX. The indices consist of STOXX Europe 600 Oil & Gas Daily Short, STOXX Europe 600 Basic Resources Daily Short, STOCC Europe 600 Banks Daily Short and STOXX Europe 600 Automobiles & Parts Daily Short indices.

CME filed charges of $35,000 against Chicago-based Henning & Carey Trading for failed supervision of the firm’s vice chairman’s brother, James Carey, who took on another user’s identity and carried out prohibited trades.

Tullett Prebon re-appointed Michael Fallon as non-executive director with immediate effect.

FSA fined former cash equities broker Fabio Massimo De Biase £252,239 for payment of kickbacks to Anjam Ahmad, a trader at AKO Capital, and also banned De Biase from working in the financial services sector.

Provided By: Equity Research Desk, www.erdesk.com