IOB Newsletter- July 2015

 
 

IOB highlights of the month

  • London Stock Exchange offers membership to Hong Kong Firms
  • Increase of trading on Indian IOB names
  • Turquoise now offers trading in Alibaba Group Holdings

Equity Market

  • Average order book daily turnover on the IOB in June was $380m
  • The first six months of 2015 saw 13% increase of trading on Indian IOB names. On-book turnover of Reliance Industry up 19% YoY ($4.6mn ADT), Larsen & Toubro up 18% ($2mn ADV) and Axis Bank up 34% ($1.4 mn ADT). On Egyptian names, Commercial Int'l Bank rose 149% this year, trading $2.2m per day.
  • Following regulatory approval, Hong Kong firms are now able to become Member of London Stock Exchange Over 3,300 CCP-cleared products across asset classes could be traded by Hong Kong members, including equity, DRs, ETFs, and derivatives. Download this PPT for eligibility and steps to take for membership. Download the PPT >
  • Following feedback from Asian clients, Turquoise now offers trading in Alibaba Group Holdings on Turquoise lit and dark order books during European hours.

Name

ISIN

Currency

ALIBABA GROUP HOLDING-SP ADR

US01609W1027

EUR

Derivatives Market

Events