Deutsche Börse Group today completed its full acquisition of Eurex Zürich AG. Representatives of SIX Swiss Exchange/SIX Group AG and Deutsche Börse AG jointly finalized the transaction in Zurich and signed the corresponding closing documents. Deutsche Börse is to pay 295 million euros and transfer approx. 5.3 million Deutsche Börse AG shares to the SIX Group. This gives the SIX Group a stake of around 2.7 percent in Deutsche Börse AG. In return, Deutsche Börse has acquired the SIX Group’s share in the Eurex Group, the derivatives market provider that was previously under joint operation. The transaction was agreed on 7 June 2011.

Retroactive as of 1 January 2012, Deutsche Börse Group will receive all
Eurex Group profits as sole shareholder of Eurex Zürich AG. Deutsche Börse Group previously received 85 percent of Eurex Group’s profits. Deutsche Börse Group is fully acquiring all subsidiaries and shareholdings of Eurex Group, including International Securities Exchange Holdings (ISE), Inc., as well as the stakes in Direct Edge Holdings, LLC and the European Energy Exchange AG. Moreover, it is acquiring all Eurex software and trademark rights. Eurex’s Swiss markets will continue to be operated by Eurex Zürich AG.

Calypso Technology Inc. has opened an office in Beijing, to service both the domestic and international institutions across the region.   

DST Global Solution’s Anova, a suite of products for post-trade data management, performance measurement, compliance, and client reporting has won the 2013 FTF News Innovation Award for “Best Middle Office Solution.” 

Bonaire Software Solutions, LLC, provider of revenue and expense management and business intelligence solutions to investment managers, mutual funds, wealth managers and capital markets firms, is hosting a roundtable discussion related to Trade Execution Expense Management on Thursday 23, May from 15:00-18:00 BST. 

In response to the HM Treasury’s final regulation on the Alternative Investment Fund Managers Directive (AIFMD), published today, Julie Patterson – IMA Director of Authorised Funds and Tax reponds.

Bayer AG (Bayer), a global enterprise with core competencies in the fields of health care, agriculture and high-tech materials, has gone live with SunGard’s Adaptiv solutions for risk management. Adaptiv Analytics, Adaptiv 360.  

Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group, today announced that its application to become registered as a foreign board of trade (FBOT) has received approval from the U.S. Commodity Futures Trading Commission (CFTC). The FBOT registration replaces NGX’s exempt commercial market status, which was eliminated by the enactment of the Dodd-Frank Act.