Trading & Execution

The proposed European Union financial transaction tax (FTT) could lead to a significant decrease in cross-border trading of financial instruments in the EU, undermining the single market, according to the Alternative Investment Management Association (AIMA), the global hedge fund association. »

Squarestone Brasil Limited, the Anglo-Brazilian real estate investment and development company specialising in the Brazilian shopping mall sector, intends to apply to cancel the trading of its Shares and Warrants on AIM.  »

Despite the deepening of the debt crisis and the fragile mood of the wider economy, European property investment markets saw trading volumes rise in Q3 to EUR28.8bn. The latest research from Cushman & Wakefield reveals a 5% increase on the previous quarter and a 12.3% rise on the year-to-date. »

The Securities and Exchange Commission has voted to propose a rule implementing the so-called "Volcker Rule" requirements. The requirements stem from Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. »

CBOE Futures Exchange plans to launch trading in futures on Radar Logic 28-Day Real Estate indexes, which measure asset values in the US residential housing market, on or after Thursday, 27 October. »

Grainger plc the UK’s largest quoted residential property owner, has provided a trading update in advance of its preliminary results announcement for the year to 30 September 2011. »

In a significant expansion of its European suite of offerings, Dow Jones Indexes has announced the launch of new dividend-focused and real estate indexes. »

A new research paper – "Logistics Real Estate on Track for Continued Rebound" – released by industrial real estate specialist Prologis provides an update on the leading indicators of demand for logistics real estate. The paper concludes that a recovery is underway in production, trade and inventories, which will translate to nearly 400 million square feet of positive net absorption globally in 2012. »

Since launch on 30 August 2010, the Eurex KOSPI Product has steadily increased its daily average volume – peaking at a record level of 108,000 contracts in August 2011 – the first month with ADV above 100,000 contracts. Additionally, a daily record was achieved on 4 August 2011 with 207,953 contracts. Bid-ask spreads for the Eurex KOSPI Product have become very narrow due to the liquidity provision of two market makers. »

The London Stock Exchange (LSE) has welcomed European Residual Income Investments Cell to the Specialist Fund Market (SFM). The cell is the twelfth fund to be admitted to the SFM and the second fund to join the market this year. »