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derivatives market-2012 tally

SEOUL, March 21 (Yonhap) -- The trading volume of derivatives on the local bourse halved last year from 2011 due to the protracted economic slowdown amid rising uncertainties in the eurozone and the United States, data showed Thursday. The turnover of derivatives, including futures and options, fell 53.3 percent on-year in 2012 to 1.84 billion contracts, compared to 3.9 billion contracts tallied a year earlier, according to the data compiled by the Korea Exchange (KRX).

Deutsche Boerse shares soar on rumours of CME merger

Shares in German stock market operator Deutsche Boerse soared nearly 12 percent in midday trading on Monday on rumours the company is in merger talks with CME Group in the United States. Deutsche Boerse shares topped an intraday high of 52.30 euros, a gain of 11.5 percent over the closing share price on Friday. A company spokesman declined to comment on a newswire report that Chicago-based CME, the world's largest futures exchange, has approached Deutsche Boerse to consider starting talks on a merger. spm-etb/ric/hd

Russia exchange earns disappointing $4.2 bn valuation

The Moscow Exchange was priced Friday at $4.2 billion in a disappointing flotation that valued Russia's main bourse at the lowest end of its own estimates. The valuation was a blow President Vladimir Putin's efforts to transform Moscow into a global financial centre and underscores analyst mistrust of a bourse now mired by low volumes and regular trading in just a few big stocks. The exchange -- formed in a 2011 merger of the MICEX and RTS trading floors -- said the price for the initial public offering had been set at 55 rubles after a 10-day roadshow in Moscow and abroad.

Russia exchange earns disappointing $4.2 bn valuation

The Moscow Exchange staged a disappointing flotation on its own share trading platform on Friday that valued Russia's main bourse at $4.2 billion well below its own valuation estimates. The valuation was a blow President Vladimir Putin's efforts to transform Moscow into a global financial centre and underscores analyst mistrust of a bourse now mired by low volumes and regular trading in just a few big stocks.

Russia exchange earns disappointing $4.2 bn valuation

The Moscow Exchange was set for a relatively disappointing flotation Friday after Russia's main trading platform was valued at $4.2 billion, well below its own valuation estimates. The news deals a blow to President Vladimir Putin's efforts to transform Moscow into a global financial centre and underscores analyst mistrust of a bourse now mired by low volumes and regular trading in just a few big stocks. The exchange -- formed in a 2011 merger of the MICEX and RTS trading floors -- had set its floatation price range at 55-63 rubles ($1.84-$2.10 / 1.34-1.55 euros) per share.

Moscow Exchange sets IPO valuation target of $4.6 bn

Russia's main stock exchange said on Monday that its initial public offering set to be held in Moscow later this month will value the company at $4.0-4.6 billion (2.9-3.4 billion euros). The Moscow Exchange -- formed in a 2011 merger of the MICEX and RTS bourses -- set its price range at 55-61 rubles ($1.84-$2.10 / 1.34-1.54 euros) per share for the February 15 listing. The exchange said in a statement that it hoped to raise more than $500 million from the offering so that it can boost the capitalisation of its clearing subsidiary and improve its IT infrastructure.

Moscow Exchange sets IPO valuation target of $4.6 bn

Russia's main stock exchange said on Monday that its initial public offering set to be held in Moscow later this month will value the company at $4.0-4.6 billion (2.9-3.4 billion euros). The Moscow Exchange -- formed in a 2011 merger of the MICEX and RTS bourses -- set its price range at 55-61 rubles ($1.84-$2.10 / 1.34-1.54 euros) per share for the February 15 offering. The exchange said in a statement that it hoped to raise more than $500 million from the offering so that it can boost the capitalisation of its clearing subsidiary and improve its IT infrastructure.

European stock index futures signal mixed open

LONDON, Feb 1 (Reuters) - European stock index futures pointed to a mixed open on Friday, with some investors betting on a better-than-predicted U.S. jobs report even as Chinese manufacturing data disappointed. At 0707 GMT, futures for Euro STOXX 50 were down 0.2 percent, Germany's DAX futures were flat and France's CAC futures were up 0.1 percent.

European stock index futures signal higher open

LONDON, Jan 11 (Reuters) - European stock index futures pointed to a higher open on Friday, as investors use signs of an improvement in the global economy to add to equities holdings, according to dealers. At 0702 GMT, futures for Euro STOXX 50 were up by 0.4 percent. The futures contracts for Germany's benchmark DAX and for France's CAC-40 were both up by 0.3 percent.
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