Tag Archives: mldex

MLDEX Market Development Training Program

The Market Development Training Program hosted by the Headquarters of the MLDEX, was held in Melbourne, Australia in the week of 12-19 June 2011.

This program was designed as a forum for the exchange of best practices in the development and regulation of capital markets presented through a series of lectures, roundtables and case studies. Senior experts from different International Regulatory Agencies and the Capital Markets Board (CMB), as well as speakers from the region shared their insights on capital market development, enforcement, and examination of market participants. The Program also explored responses to crises and market abuses, provided observations comparing and contrasting approaches by regulatory systems around the world, and highlighted international best practices.

The presenters used real-world examples of market abuse and inefficiencies to explore the regulatory, statutory, and other tools that capital market regulators need to address.

Besides CMB representatives, many international exchange representatives and market professionals attended the event that was also sponsored by MLDEX.

Via EPR Network
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New Management Board Members of Melbourne Derivatives Exchange(MLDEX) Want to Establish Investment Culture in Australia

Australia does not have a traditional investment culture – neither for capital management, or financing nor for building retirement provisions by investing. More intense information activities, additional services and stepped up efforts to improve the tax framework will help to bring about a change in the coming years, was the message of the management team of Melbourne Derivatives Exchange, underlined by Henry Petterson, the President of MLDEX.

“In the future, we want to provide more trading services. To establish a culture of saving and investing more firmly in Australia – only a small percentage of monetary assets are invested in derivatives and investment funds, while the Asia Pacific Rim average is almost twice as the Australian one. Melbourne Derivatives Exchange would like to see more of an attractive framework for the tax advantages of investment participation schemes. A survey conducted by MLDEX among the leading 20 funds listed on the prime market in Australia revealed the need of individual investors and self-traders to participate with a bigger share in the market flow. The fund directors interviewed spoke out in favor of doubling the tax-exempt amount and a shortening of the holding period.

The goal of establishing an investment culture in Australia also requires the efforts of domestic investment banks. “At present, only one-sixth of the entire Australian fund volume is invested in close ended funds. We therefore appeal to Australian investment management companies to invest more in close ended funds,” said Petterson.

Via EPR Network
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Melbourne Derivatives Exchange launches new index: CDEX

Melbourne Derivatives Exchange launched the CDEX. The index is weighted according to certain fundamental ratios and made up derivatives in the Australian Trading Index, the leading index of Melbourne Derivatives Exchange.

In contrast to the Australian Trading Index, the weighting of the commodities in the CDEX is not based on market fluctuation, but rather on a factors computed by the Melbourne Derivatives Exchange taking into account fundamental ratios: supply and demand on the medium to long term, net growth and market exposure to other factors. The CDEX is calculated and published in AUD in real time. It has been designed as a tradable index that can be used as an underlying for structured products and standardized derivatives. The calculation parameters are reviewed on a quarterly basis and the index composition is checked, and if necessary adjusted, analogously to the Australian Trading Index in January and June of each year.

With the launch of the CDEX, the Melbourne Derivatives Exchange has once again shown its internationally recognized competence in the area of indices and its skill in responding to market demands. With the CDEX, the range of index products now comprises a total of 36 indices, with 12 of them tracking national, regional or sector-related developments in the Asia Pacific region. Meanwhile, the majority of all structured products with a reference to Asia Pacific are based on the indices produced by the Melbourne Derivatives Exchange.

Via EPR Network
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