FEDERATION OF EURO ASIAN STOCK EXCHANGES December 2008 Report

The FEAS December Newsletter, the monthly bulletin, bringing you general secretariat news, Member statistics on stock, bond and other volume comparisons on a monthly, year-to-date and prior period basis, in addition to market cap, currency changes, number of companies traded and index fluctuations, has been put on the FEAS website.





Here are some headlines from this issue:

ARMEX

Starting December 4, the Armenian Stock Exchange (Armex) will extend its trading hours for corporate securities from one hour to four. T For more information please visit http://www.nasdaqomx.am



BELGRADE SE

Inter Capital Securities a.d. Belgrad, member of the Belgrade Stock Exchange since 29.06.2007, is the first broker-dealer company which accepted the requirements prescribed by the Board of Directors of the Belgrade Stock Exchange for performing the activities of the market maker. For more information, please visit http://www.belex.rs



EGX

In its endeavor to keep abreast with technological advancements in order to be the Premier market in the Middle East North African (MENA) Region that best serves its stakeholders, EGX has upgraded its trading platform to OMX high performance "X-Stream" solution, to be launched effective November 27, 2008, replacing the current trading system "EFA Horizon". For more information, please visit http://mondovisione.com



ISE

Shenzhen Stock Exchange signed MOU with ISE.This agreement is the 22nd MOU signed by them.



IRAQ

The Executive Board of the International Monetary Fund (IMF) today completed the second review of Iraq's economic performance under the Stand-By Arrangement (SBA), which is designed to support the country's economic program through March 2009. The Board also completed a financing assurances review under the SBA.

For more information, please visit http://www.imf.org



GEORGIA

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Georgia's performance under an 18-month SDR 477.1 million (about US$726 million) Stand-By Arrangement, which was approved on September 15, 2008 (see Press Release No. 08/208) to support the Georgian authorities' macroeconomic policies, rebuild gross international reserves, and bolster investor confidence.