FEDERATION OF EURO ASIAN STOCK EXCHANGES May 2009 report(PDF)

Here are some headlines from this issue:

ABU DHABI SECURITIES EXCHANGE
The Abu Dhabi Securities Exchange (ADX) said today it encourages the establishment of listed healthcare funds and the listing of more healthcare and life sciences companies on the exchange.

ALBANIA
Albania formally applied for the European Union.

BAHRAIN
Bahrain will add to efforts by the Arab Gulf states to create an active bond market in the region by raising more than $1bn in a debt sale in local currency and US dollars, the central bank revealed on Tuesday.

BBVB
On the 1st May of 2009 the Baku Interbank Currency Exchange (BBVB) was officially visited by representatives of the Istanbul Stock Exchange (ISE) in the name of Chairman of ISE Husseyn Erkan and Directors of foreign securities market Murat Bolat, and also General Director of Turkish Deravatives Market (TurkDEX) Chetin Ali Donmez.

BUCHAREST STOCK EXCHANGE
The Bucharest Stock Exchange (BVB) and RBS Bank (Romania) SA will launch onTuesday, April 28,2009, the Market Making on the EUR/RON Futures contract listed on the BVB Derivatives Market.

CENTRAL SECURITIES DEPOSITORY OF IRAN
Central Securities Depository of Iran (CSDI) held its ordinary and extraordinary Annual General Meetings on May 20, 2009.

IRAQ STOCK EXCHANGE
The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) reported the successful launch of Iraq Stock Exchange's (ISX) new trading and clearing system based on NASDAQ OMX technology.

KAZAKHSTAN STOCK EXCHANGE
On April 30, 2009 the Exchange Council of the Kazakhstan Stock Exchange (KASE) elected Kadyrzhan Damitov (49) as KASE President for a two-year term.
KYRGYZISTAN
The Executive Board of the International Monetary Fund (IMF) today completed the first review of the Kyrgyz Republic’s economic performance under the 18-month Exogenous Shocks Facility (ESF) arrangement and approved the immediate release of SDR 16.65 million (about US$25.5 million).

MUSCAT SECURITIES MARKET
Muscat Securities Market modifies its MSM30 Index starting from 1 July 2009.

PALESTINE STOCK EXCHANGE
PSE holds a press conference to announce the outcomes of its Road Show to Chile. In a press conference held in Ramallah, the Palestine Securities Exchange (PSE) discussed the outcome of its recent road show to Chile.

ROMANIA
The Executive Board of the International Monetary Fund (IMF) today approved a 24-month SDR 11.4 billion (about €12.9 billion or US$17.1 billion) Stand-By Arrangement for Romania to support an economic program designed by the Romanian authorities and intended to cushion the effects of the sharp drop in capital inflows while addressing the country’s external and fiscal imbalances and strengthening the financial sector.

TEHRAN STOCK EXCHANGE
The first working committee meeting of OIC member states' stock exchanges forum was held May 6, 2009 in Esteghlal Hotel, Tehran.