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Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at EUR181.6 billion in August – an increase by 102 per cent year-on-year (August 2010: EUR89.7 billion).
Of the EUR181.6 billion, EUR173.4 billion were attributable to Xetra (+107 per cent y-o-y, August 2010: EUR83.8 billion). EUR8.2 billion were attributable to the Xetra Frankfurt specialist trading, an increase of 38 per cent y-o-y (August 2010: EUR5.9 billion). Order book turnover on Tradegate Exchange totalled EUR4.6 billion in August, nearly four times as much y-o-y (+279 per cent, August 2010: EUR1.2 billion).


In equities, turnover reached EUR148.1 billion on Deutsche
The BlueCrest AllBlue fund returned 1.99 per cent for the six month period to 30 June, 2011, according to results released by the company.
During the first half of the year BlueCrest Capital International, with its focus on interest rate trading, has been the largest single contributor to the performance of AllBlue, the fund into which the company invests, and has been held as the highest allocation within the portfolio.
The key contributors to the performance of the company in the reporting period were the following underlying funds: BlueCrest Capital International generated a return of 2.64% for the first half
Dow Jones Indexes’ Golden Crossover US Large-Cap Total Stock Market Index’s equity allocation is set to gradually decrease over the next five days to 25% from 100%, with the difference moving to the cash-index component, short-term US T-Bills.
The index’s quantitative and rules-based algorithm has signalled the start of a downward-trending market condition. The indication, called a “Dead Cross”, occurs when a market’s 50-day moving average crosses below its 200-day moving average.
The Dow Jones Golden Crossover US Large-Cap Total Stock Market Index applies the “Moving Average Crossover System” to US large-cap equity securities. Based on a risk-based methodology,
S&P Indices has launched the first in a series of indices designed to measure the performance of the MILA Integrated Market. The S&P MILA 40 gauges the returns of the largest and most liquid stocks trading on the Mercado Integrado Latino Americano (MILA) platform, an integrated trading venture formed by the Chile, Colombia and Peru stock exchanges.
The agreement between MILA and S&P Indices, formally announced today at a signing ceremony in Santiago, Chile, will result in the development of additional, broad-market and sector indices intended to capture the performance of stocks offered in the three MILA countries.
"Equities from
NYSE Liffe, the Europe-based derivatives business of NYSE Euronext (NYX), has launched options on the shares in UNIT4 NV (ticker symbol: UNT). The new listed options enable investors to hedge their share positions and to benefit from price fluctuations. The options were introduced on the Amsterdam derivatives market of NYSE Liffe.
Alan van Griethuysen, Business Head Benelux and Asia of NYSE Liffe, says: “The new listed options will enhance the UNIT4 shares’ appeal to investors and they are beneficial for the liquidity of the shares as well. With the introduction of UNIT4 options we offer investors an even more complete
European Multilateral Clearing Facility (EMCF), Europe’s largest cash equities Central Counterparty (CCP), is to engage in interoperability with competitors servicing European MTFs and exchanges. In addition, a competitive new fee schedule will be introduced ahead of Interoperability.
EMCF has indicated to Chi-X Europe, BATS Europe and NASDAQ OMX that it intends to enter into Interoperability agreements. Timing and process of the interoperability arrangements will be determined in coordination with platforms and interoperating CCPs in the coming weeks. EMCF aims for launch of the interoperability arrangements by January 1st 2012, conditional on regulatory approval.
EMCF has consistently supported interoperability, provided that
Sauer Capital’s Alternative Investment Services, has introduced enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles (SPVs). The new service offers hedge fund managers greater flexibility in structuring their funds and managing illiquid or long-term assets.
Delivered via Sauer Caputal’s proprietary fund accounting platform, the automated service enables fund managers to easily segregate illiquid investments. Capital and/or earned income, along with applicable profit-carry forward, can be automatically moved from the side pocket to the main or "trading" portfolio, giving fund managers more ways to manage realised events within the side pocket. In addition, flexible investor statement
Since Xetra-Gold – a zero-coupon bond with perpetual maturity, representing a gram of gold, which is 100% backed by physical gold and represents the right to the delivery of gold – launched in 2007, investors have made use of this physical backing 500 times and taken delivery of a total 2.5 tonnes of the precious metal. For investors, owning a unit of Xetra-Gold is equivalent to owning one gram of physical gold. Fees for packaging, transport and insurance apply, which depend on the quantity delivered.


“Investors have a choice of small bars in several different sizes (1 gram to 1000
NYSE Liffe, the Europe-based derivatives business of NYSE Euronext (NYX) is adding options on the shares in UNIT4 N.V. (ticker symbol: UNT) to its highly successful range of equity option classes. Trading in options on UNIT4 will start on 24 August. The new option class will be introduced on the Amsterdam derivatives market of NYSE Liffe.
Alan van Griethuysen (pictured), Business Head Benelux and Asia of NYSE Liffe, says: “With the listing of options on UNIT4 we are further expanding our equity option franchise on the central market. We are pleased investors in UNIT4 will also have access to our
MF Global Holdings Ltd, a broker-dealer providing trading and hedging solutions, has announced the pricing of its public offering of USD325 million aggregate principal amount of 6.250% senior unsecured notes due 2016.
MF Global intends to use at least USD100 million of the net proceeds of this offering to repay a portion of its outstanding indebtedness under its USD1.2 billion revolving credit facility and to use the remainder for general corporate purposes. MF Global expects to close the transaction on or about 8 August, 2011, subject to the satisfaction of customary closing conditions.
Jefferies & Company, Inc is acting as sole
