Latest Market Intelligence on Global Capital Market Infrastructures

Top Stories

As a local market infrastructure entity or interested participant, Thomas Murray is pleased to send you our November newsletter. This newsletter provides access to the top stories we reported on as part of our on-going surveillance of local capital markets worldwide. We currently track over 100 securities markets, 140 Central Securities Depositories and have Capital Market Infrastructure Risk Rating Reports on over 88 markets worldwide, assessing the post trade risk exposures faced by international investors.

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Kenya - Introduction of a Horizontal Repo Market

The Central Bank of Kenya (CBK) has announced the introduction of a Horizontal REPO market for inter-bank participants. Only government securities will be allowed as acceptable securities for repo...

Belgium, France, Ireland, Netherlands, UK, USA, Global - Proposed Merger of DTCC and LCH.Clearnet

The Depository Trust & Clearing Corporation (DTCC) and LCH.Clearnet have signed non-binding heads of terms regarding the proposed merger of the two companies. As a result of the transaction...

Denmark, Finland, Iceland, Sweden - "Optional Clearing" Functionality

Further to our previous newsflash, NASDAQ OMX Nordic will offer optional central counterparty (CCP) clearing as an interim solution for the cash equity markets from January 2009...

Singapore - PSMS Experiences Technical Problems - Update

Further to our previous newsflashes, the Singapore Exchange Ltd (SGX) has extended the cut-off times due to numerous requests received from depository agents. The extended cut-off times are effective...

Ukraine - Parliament Adopted Joint Stock Companies Law - Update

Further to our previous newsflash, the President of Ukraine signed the Ukrainian Joint Stock Company Law on 22 October 2008. The provisions of this law were put in place mainly to...

Total Number of Thomas Murray Flashes Issued: Oct 2008

Depository/CSD Risk Flashes 90 (890 year on year)
Capital Market Infrastructure Risk Flashes 85 (689 year on year)

Worth Knowing

Depository Risk Flashes

Botswana - Botswana Plans to Implement the Development of a CSD - Update

Slovenia - Amendments to KDD Fee Schedule

Korea - KSD Restricts Eligible Collateral for SBL Transactions - Update

Norway - VPS Extends Consultation Deadline for New Proposed Penalty Fee

Poland - Successful Contingency Test

Capital Market Infrastructure Risk Rating Flashes

Nigeria - Demutualisation of the NSE - Update

UAE - Reporting Requirement for Short Selling

Pakistan - CDC to Become Public

Russia - CBR to Participate in Stock Exchange Trading - Update

Hong Kong - HKSCC to Enhance CCASS - Update

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