07/01/2014
Millionday News 6/30/14 Part 1
Welcome To
Monday Night News Time With Millionday!
[millionday]
so here comes a WHOOPPOW AND A WHOOOP WHOOOPP SMILE
[millionday]
HERE WE GO
[millionday]
NEW YORK and BAGHDAD, Iraq, June 28, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX
Group (Nasdaq:NDAQ) has entered an agreement with the Iraq Stock Exchange (ISX)
to upgrade its current trading platform. Under the terms of the agreement, ISX
will replace its existing NASDAQ OMX platform (Horizon) with one powered by the
renowned X-stream technology.
The upgrade is expected
to be rolled out by mid-year 2014. "We are committed to becoming one of
the most innovative and groundbreaking exchanges, in the Middle East and across
the world," said Taha A. Abdulsalam, CEO, Iraq Stock Exchange.
~~~
"Upgrading our trading
technology and continuing our partnership with NASDAQ OMX is a clear indication
to investors, regulators and other exchanges that Iraq will continue to become
a financial center for more regional and global businesses."
The upgrade to X-stream will
provide ISX with a widely deployed high-end, multi-asset trading platform that
complies with international standards. The migration to X-stream is a step in
ISX's am
[millionday] note -- huge
news in this report
[millionday]
so the platform has been done and here is the rest of it >>>>
The upgrade to X-stream will provide ISX with a widely deployed high-end,
multi-asset trading platform that complies with international standards.
The migration to X-stream
is a step in ISX's ambition to become a Middle Eastern hub, able to host and
facilitate other regional markets. NASDAQ OMX has delivered trading technology
to ISX since 2007.
"We congratulate the Iraq
Stock Exchange on their commitment to a trading platform that is certain to put
them at the technology forefront of exchanges in the Middle East," Lars
Ottersgard, Senior Vice President, Market Technology, NASDAQ OMX.
"The upgrade to X-stream
technology will equip ISX with a sophisticated and robust trading platform that
increases investor involvement both in the Middle East and
internationally."
[ybass2277]
Is there anything in current ink? ....this is from 2013.... Not to be
disrespectful.
[millionday] oh yes and you are
not being disrespectful hun at all smile
[millionday]
In less than a decade, traded shares in ISX increased almost 10-fold, to more
than 1.2 billion traded shares expected in 2013, while market capitalization
increased more than seven times over the same period to over $12,170 billion
USD in the first six months of 2013 alone.
"We are extremely
proud to support ISX's positive development and their vision to provide a
well-recognized marketplace in the region," said Michèle Carlsson, Head of
Business Development, Middle East and Africa, NASDAQ OMX.
"ISX recently implemented
one of the most successful IPOs in the Middle East and by upgrading to our
X-stream technology, ISX will be running a resilient market place that will
attract both Iraqi and international investors."
[millionday]
note -- understand that today they went electronic and this is what explains
the beauty of the whole thing
[awesomedtl]
ohhhh ok
[millionday] The inventor of
the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and
provides transformative technologies for the entire lifecycle of a trade - from
risk management to trade to surveillance to clearing.
In the U.S. and Europe, we own
and operate 26 markets, 3 clearinghouses and 5 central securities depositories
supporting equities, options, fixed income, derivatives, commodities, futures
and structured products. Able to process more than 1 million messages per
second at sub-40 microsecond speeds with 99.99% uptime, our technology drives
more than 70 marketplaces in 50 developed and emerging countries into the
future, powering 1 in 10 of the world's securities transactions.
Our award-winning data products
and worldwide indexes are the benchmarks in the financial industry. Home to
approximately 3,400 listed companies worth $6 trillion in market cap whose
innovations shape our world, we give the ideas of tomorrow access to capital
today. Welcome to where the world takes a big leap forward.
[millionday]
note -- they announced it today we should say
[millionday]
ok here we go
[millionday]
The Iraq Stock Exchange (ISX) plans to upgrade its current trading platform,
according to an agreement the Baghdata-based marketplace entered with Nasdaq
OMX.
Under terms of the
agreement, ISX will replace its existing Nasdaq OMX platform (Horizon) with one
powered by the X-stream technology. A rollout of the upgrade is planned for
mid-year 2014
[millionday] note -- there is
so much out there about the international move that i am going to bring a
couple so it makes sense
[millionday]
The upgrade to X-stream will provide ISX with a widely deployed high-end,
multi-asset trading platform that complies with international standards, according
to Nasdaq OMX. The move is also a step in ISX's ambition to become a Middle
Eastern hub, able to host and facilitate other regional markets.
[millionday]
note -- they are going to be able to help the entire region grow economically
through their isx
[millionday]
"We are committed to becoming one of the most innovative and
groundbreaking exchanges, in the Middle East and across the world,” stated Taha
A. Abdulsalam, CEO, Iraq Stock Exchange.
“Upgrading our trading
technology and continuing our partnership with NASDAQ OMX is a clear indication
to investors, regulators and other exchanges that Iraq will continue to become
a financial center for more regional and global businesses.”
[millionday]
Commenting on the agreement, Lars Ottersgård, SVP, Market Technology for NASDAQ
OMX, said the new “trading platform ... is certain to put them at the
technology forefront of exchanges in the Middle East.”
“The upgrade to X-stream
technology will equip ISX with a sophisticated and robust trading platform that
increases investor involvement both in the Middle East and internationally
millionday]
According to Michèle Carlsson, Head of Business Development, Middle East and
Africa for NASDAQ OMX, who is also quoted in the release, “ISX recently implemented
one of the most successful IPOs in the Middle East and by upgrading to our
X-stream technology,
ISX will be running a resilient
market place that will attract both Iraqi and international investors.” Nasdaq
OMX’s X-Stream technology is currently used by 25 exchanges globally.
millionday]
not that this is obviously very encouraging but -- this is very WHOOOPOW !!!
[millionday]
so AS WE can see - they will be internationally recognized or -- this will not
be able to be completed
[millionday]
i hope the different information sources helped you to understand how huge this
really is
[faith1] Is it from 2013 or
now? and could it be that ISX went electronic to give their own a test run,,,
the article said, went electronic Sunday, then had statement from a trader that
he/she would wait to invest his own money to see how it works,..
my thought is this gives
their own a chance to get familiar with the new platform. Next link and go
international.
They are also stating this will
bring in investors,,, as far as even listing how many wealthy business are in
the NY stock exchange,, so how can they invite them without going international
with a reality rate?? !!
they also state in several
articles ...trading platform that complies with international standards,
international standards,,, international standards !! how long can they make
these announcements without bringing forth the reality rate !! Exciting ,,,
smile!
[millionday]
the info i brought is a group of information that explains what it is and how
it has been planned and also how it will affect them and what they plan to do
with it –
they are planning on it
being done or launched by the first so if they do -- we can see by so many of
these sources that it is very important and also shows us the international
recognition is needed and the market will be exposed to the globe
[boomshakalaka] The ISX
is supposed to go live tomorrow. Do they not need a reality rate?
[millionday]
boomshakalaka if the dinar is sold on the market --- it will be priced to its
value -- a fair market value - it may not be done tomorrow but it is very
close
millionday]
ok everyone all we can do is follow the ink so lets cross everything and pray
for all those we can help
[millionday]
here we go -- Farah pumice despite the challenges faced by the
country from terrorist attacks affected several areas, but the economic
situation is progressing well towards stability after the balance in supply and
demand for goods and commodities, as well as the strength of the oil sector ,
which is the feature compensate
vacuum investment fist local workforce, according to what was confirmed by
economic expert on behalf Antoine in his statement to the "morning."
[millionday]
note -- supply and demand is what a market economy is
[millionday]
note -- this states that the economic reforms are going well and are not being
held up due to security
[millionday] the expert pointed
out that the economic situation is going well there is a balance between supply
and demand for goods and services that achieve self-sufficiency, as a matter of
good and hope in the response by the citizens and risk assessment that has
plagued the country reported fight back terrorist operations facing.
"The oil sector, which is
a vital artery for the Iraqi economy continuously work and export ports south
of the country, besides owning the country cash reserve with the central bank,
which contribute to the stabilization of the Iraqi currency,
[millionday]
note -- the oil export is ready and willing able ect and the stabilization of
the reality of the monetary reform is supported by the reserves held by CBI
[millionday]
which dampens the current circumstances, as well as the phenomenon deals in the
market from the response of the private sector and Iraqi traders significantly
to the process of reducing the slight rise in prices witnessed in the domestic
market during the Alassapa years,
by foot on the import of goods
not to leave the field in creating a buzz in the market, thus reflected on the
economy and that the goal of terrorism to weaken the internal front and
paralyzing the work, he says.
[millionday] note -- the
gains were not achieved by terrorism to halt the growth and advancement of the
economy -- the prices in the market are normal and not going to be too high due
to loss or other expectations presented when attacks of terrorism happen
[millionday]
and between Antoine said Iraqi employment has replaced its counterpart overseas
in the oil sector, and that the pace of work in the continuation and
escalation, likely to occur growth in the oil sector during the current year,
as well as their replacement (local employment) sites of foreign in some
investment projects and projects implemented infrastructure and sustainable
development in the country.
[millionday]
note -- the foreign investors are bringing jobs and also moving forward as
expected in their contracts for infrastructure
[millionday]
expected expert of a slowdown in the investment sector because of the practices
of some of the media that distort the image of the country abroad leads to a
decline in turnout investors,
as well as delays in the
issuance of the general budget for the current year of 2014, what could hinder
a lot of continuity of investment projects and initiate new ones.
[millionday]
the result of any slow down was from the media reports-- those are the negative
insights to what is going on and what is being done about it -- we have seen it
ourselves
[ROBINREDHED] LOOKS GOOD
[millionday]
i agree smile brb with more
[millionday]
note -- this means 4 am est
[millionday]
The agenda of the session (1) Tuesday (1) July 2014 First, read verses from the
Koran. Secondly, the opening of the meeting by the President of Age, Dr. Mehdi
al-Hafez.
Third, sworn for ladies and
gentlemen deputies third electoral cycle. Fourth: the election of the President
of the House of Representatives and his deputies. Session start time: eleven in
the morning.
[The Shoe]
What means 4:00 AM EST?
[millionday]
the time of the parliament meeting starts at 4 am
[millionday]
it says in the report 11am but that is Iraqi time
[Pablo] What
time does the ISX go on line? Midnight Iraq time?
[millionday]
i will look hun not sure
[millionday] here we
go this is a huge huge change in what some of us have seen in the
many years we have been here
[millionday]
Hussein al-Tamimi Tgb - Mustafa al-Hashemi expressed industrialists and
specialists their own abilities to raise the production capacity of their
plants in line with the reality of the growing demand for food, arguing that
most of the industrialists have declared their support for the security forces
by supplying the local markets and the armed forces in nutrients necessary.
capacity productivity,
president of the Federation of Iraqi Industries Acting Ali Sabih pointed to the
availability of productive capacities quality to a lot of food and drinking
water,
pointing to the stand
when the real capabilities of our production local, which is across the
coefficient of the local private sector, which can cover 50-60 percent of the
local market need.
[millionday]
note -- now think about what this must mean for the advancement in their
capabilities
[millionday]
He said in an interview for the "morning" that hundreds of
laboratories competent to produce food are able to promote their production to
higher levels than it is now, pointing out that in the event of high demand for
our food could raise production to significant levels through continuous work
Bojpti work or open new production lines.
textile mills and pointed to
the possibility of supplying the armed forces with the necessary equipment by
raising the production capacities of the coefficient of textile work of running
the local private sector, which increased demand for its products during the
current period to the presence of large numbers of volunteers,
noting that members of
the Union confirmed their ability to cover a large proportion of domestic
demand for this type of industry.
[millionday]
note -- means they can also be competitive in the market place -- huge huge
change from where they were
[millionday]
i want to continue looking at this and see if we see any plans that show
themselves in the market
[millionday]
said Ali that the activation of local factories do wheel of economic reform
that purports country adopted during the coming period, Phase Current
demonstrate the real potential of the private sector domestic industrial.
market support to the Chairman
of Committee for the crowd Economic d. Sami al-Araji, the work to create the
requirements for the success of the local industries are able to support local
markets for basic foodstuffs necessary requirements and support the armed forces
of their basic needs.
said unions can specialized
professional to show the real potential of their potential by providing what
could have in supporting local markets and the army in its war against
terrorism ,
pointing to the
importance of supporting the market, which is the hinterland of the battle, as
well as services that can be provided directly to the army in the field.
provide materials
[millionday]
note -- huge advancement from where they were
[millionday]
In this context, the researcher said economic state just to border crossings
and ports has recently seen the entry trucks and ships carrying food from
different origins to unload their cargoes in stores To meet the growing demand
in the markets in the month of Ramadan. ,
she just told (morning)
that he does not fear running out of food from wholesale markets, because the
entry of trucks loaded with continuous, and that the commitment of traders and
their contracts with the government led the purpose of the provision in the
markets local.
witnessing the month of Ramadan
every year the citizens preparations early, namely the purchase of additional
quantities of dry food and soft to receive Bmoaúd variety for breakfast.
[millionday]
supporting the army and confirmed the presence of campaign contributions to the
Army by wholesalers in the provision of food for the purpose of his support in
the military campaign against terrorism, noting that efforts continue to be
provided in the stores and then putting them on the wholesale markets for
Atdaha owners of markets and small shops scattered in cities all.
showed that the ports of
Basra witnessing movement determined to enter the ships loaded with the kinds
of food to support the ration items, along with other materials imported by traders
to supplement markets Iraqi goods and various commodities.
Iraq has about 14 centers a
customs distributed between border crossing points between Iran and Turkey,
Syria, Jordan, Saudi Arabia and Kuwait as well as the air port "Baghdad
International Airport" in addition to implementing marine the twin ports
of Umm Qasr and Khor Al-Zubair.
[millionday] note -- understand
the seriousness of what is being said here -- customs are ready for 6 country
port entries and this is huge huge preparation for the entry of market -- i
know they are speaking of food ect but think of what they have completed
[millionday]
drew just that the Wholesale Markets been witnessing a period of increasing
demands to the shop by the small traders and shopkeepers on the occasion of the
advent of the holy month.
Wholesale Markets For his part,
sees Khalil al-Jubouri, "shop owner" to provide food in the wholesale
markets contributed greatly to the reduction of the high prices, especially in
the month of Ramadan, where traditionally families The shopping for various
canned meat and juices Ktqos traditional annual diversify tables breakfast.
added Jubouri in his speech
(morning) that wholesale markets experiencing big movement to shop these days
as the entry of new food and variety will contribute greatly in supplying the
market with as is the specter of fear of scarcity and depletion
shops.
[millionday] so as we see the one thing we all love at
dinarupdates.com
[millionday]
PROGRESS!!!!!!!!!!!!!!!! ! WHOOOPOW
[ROBINREDHED] YAYYYYYYYYY
[millionday] love it -- customs set up and ports ok -- love it
Comments may be made at the
end of Part 2 Thank You
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