Millionday News 5/25/14 Part 1
Welcome To Sunday Night News Time With Millionday!
millionday] i would like to bring some things about the news that is out and help those of us that dont understand to get an idea of its importance
[millionday] i came in today after being told that the news i brought had no links or was not true and tried to help all of those that were being told such lies so i would like to address the news again on the subject due to its importance
[millionday] we have waited a long time for this and this very important step is just that -- very important and of course one we would expect
[millionday] as we know the announcement has come out that the platform for isx will change in june and be formal on july 1st for the isx
millionday] the explanation of what this means is extremely important for us to understand because
[millionday] this week and what they are to accomplish is very important and also leads us all to the following news
millionday] they are meeting on the budget - hcl -- article 140- and also the formation of the government for Iraq so a very important week to say the least
[millionday] now cbi has announced that today is a holiday for them so we can also think that would spill to their banks as well so dont think the lack of action is anything but a holiday
[millionday] there are many that are telling us differently so dont let them mislead you -- it is in ink that this is a holiday smile
[tbob] millionday you owe no one an explanation -- let them do their own research -- to be in your newstimes is an honor -- not a requirement -- blessings to you
[NRICHARDS] tbob Amen
[millionday] now let me move on to load us with as much info that we can have that will let us know what is happening with isx
[millionday] of course the lack of research done on what i was bringing was apparent but lets make sure that we know the facts so we can be excited as we should be smile brb with some info
millionday] ok here we go this is going to be broken down to make the points i would like to make
[millionday] With the world’s eyes focused on the recent Iraqi elections, little attention is being paid to the major changes taking place in Iraq’s banking and finance industry.
As part of an effort to liberalize the economy, in the first three months of 2014, the Iraqi Central Bank granted approval to 15 Arab and international banks to open branches in Baghdad, with additional branches expected to open soon.
There is also a notable drive to grow and promote the stock markets, with senior Iraqi government officials and representatives from the country’s two stock exchanges hosting a two-day forum in Dubai May 14-15 in a bid to court regional investors. - there are also these coming up in may and june
[millionday] Upcoming Events & Training May 22 Stockholm Nordic Investor Relation Conference Detailed information» Jun 5 Stockholm Lunch seminar on active and passive investment strategies »
[millionday] now here is when the new platform that we are going to learn about is going to happen
[millionday] remember we saw last year that it was signed at the stock market event that took part in november of 2013 -- this is the nasdaq omx info of the company
[millionday] The NASDAQ OMX Group, Inc. (NASDAQ OMX) is a holding company. It is a global exchange group that delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services across six continents.
Its global offerings are diverse and include trading and clearing across multiple asset classes, market data products, financial indexes, capital formation solutions, financial services and market technology products and services. The Company operates in three segments: Market Services, Issuer Services and Market Technology
[millionday] note -- now understand that the small statement that this is in 6 CONTINENTS -- IS NOT SMALL INFO
[millionday] IT HAS TO BE ACCOMPANIED WITH INTERNATIONAL RECOGINITION -- ONLY COMMON SENSE TELLS US THAT
millionday] IRAQI ANNOUNCEMENT TO CITIZENS AND THE WORLD >>>>>>>>>>>>>>>>>>>>>>>>
[millionday] The Iraq Stock Exchange (ISX) is currently in the process of upgrading to the latest Nasdaq trading platform after signing an agreement with Nasdaq OMX in June 2013.
The new platform, currently used by more than 25 exchanges globally, is capable of supporting multiple asset classes, although the ISX concentrates mainly on cash equities.
“We will complete the implementation at the end of June, and it will go live at the beginning of July,” said Taha Ahmed al-Rubaye, chief executive of the ISX. “We are working hard to modernize the exchange.”
[millionday] NOW LETS LOOK AT THIS ---- """"""
WE WILL COMPLETE IMPLEMENTATION AT THE END OF JUNE """"""
[millionday] it is not possible for the implementation to be done by the end of june and live in july without INTERNATIONAL RECOGNITION
[millionday] NOW WE COULD GET SILLY AND GET OUT THE DEFINITION OF IMPLEMENTATION BUT I AM NOT BORED – SMILE -- OK SO HERE WE GO WITH THE REST
[millionday] NOW LETS READ THIS CLOSELY
[jimplants] please remember these are money people not politicians
[millionday] WE HAVE SEEN IN THE PAST THAT KURDISTAN WAS SHOOTING FOR AUGUST TO BE ON THE GLOBAL MARKET -- BUT THINGS SEEM TO HAVE CHANGED ACCORDING TO THIS
[dovi] jimplants good point
[millionday] The ISX is also assisting the Erbil Stock Exchange (ESX), the first exchange in Iraq’s semi-autonomous Kurdistan region, in setting up its Nasdaq trading system. It is due to be fully implemented in July, and the ESX hopes to see around five to 10 listings by the end of 2014, including a major telecom company. The ESX has $8 million in initial capitalization and 56 shareholders, primarily from the private sector
[millionday] I DONT MEAN TO YELL IT HELPS ME TO SE WHAT I AM WRITING AND WHAT IS IN INK AND FROM ------------LINKS ---------
[millionday] SO LET ME GET MORE ON WHAT THEY ARE TALKING ABOUT AND WHAT THE PLATFORM MEANS BECAUSE IT IS THE BIGGEST NEWS OUT THERE AND I THINK WE SHOULD KNOW
[millionday] NOW THIS IS EXTERMELY IMPORTANT
[millionday] IT IS SOME MORE AMONG A SMALL AMOUNT THAT I AM BRINGING YOU ON THE PLATFORM BUT VERY TELLING
[millionday] In June 2013, the Company announced the completion of its acquisition of Thomson Reuters Investor Relations, Public Relations and Multimedia Solutions businesses, which provide insight, analytics and communications solutions.
In July 2013, BGC Partners Inc announced that it closed the sale of its on-the-run, 2-, 3-, 5-, 7-, 10-, and 30-year fully electronic trading platform for U.S. Treasury Notes and Bonds to NASDAQ OMX Group, Inc.
[millionday] SO WHAT WE HAVE HERE IS A COMPANY THAT TRADES ON ELECTRONIC TRADING PLATFORM FOR US TREASURY NOTES AND ALSO BONDS TO NASDAQ OMX THAT IRAQ IS GOING TO BE COMPLETELY IMPLEMENTED WITH ON JULY 1ST
[millionday] THERE IS NOT ONE BIT OF BAD NEWS IN THAT AND COMPLETE AND TOTAL ENCOURAGEMENT IF YOU ASK ME
millionday] SO LETS LOOK AT MORE OF THIS SUBJECT BECAUSE IT IS VERY TELLING IN WHERE WE ARE AND WHERE IRAQ IS SMILE -- BRB WITH MORE
[carpet] Do you feel this is the last piece we are looking for also do you think the new government has to be seated before a rv
[millionday] carpet I THINK THE LAST THING WE WILL LOOK FOR WILL BE THE RATES FOR INTERNATIONAL CURRENCIES AND THE VALUE CHANGE –
I WOULD SAY THE SHARES AND CURRENCY VALUES FOR THE SALE ON THE MARKET WILL BE AT A REALITY RATE
[rudie] ask millionday if she has read any ink on the amnesty law ....thanks
[ten4god] I hope this isn't too silly to ask but I don't understand why or how the US treasury notes and bonds work with the dinar?
[millionday] rudie YES THEY ARE MEETING ON IT THIS WEEK
[millionday] ten4god THE ISX WILL BE ON THIS PLATFORM FOR INVESTMENT AND IT IS LOCATED IN SIX CONTINENTS -- IN ORDER TO INVEST IN THE BONDS WHICH THEY WILL BE ALLOWED TO DO AND
WILL HAVE THEIR MARKET FOR INVESTMENT -- THEY WILL NEED IT TO BE FAIR TO EVERYONE AND
BE A COMPARABLE RATE TO THE VALUES OF OTHER COUNTRIES OPTIONS TO BUY AND INVEST IN ALL US MARKET OPTIONS AND FUTURES
[millionday] AND NO QUESTION IS SILLY BUT REMEMBER I AM NOT A STOCK MARKET EXPERT AND AM NOT LICENSED TO GIVE YOU INVESTMENT ADVICE
[jtank] shares and currency values for sale on the market--can u explain a little more? Time frame
[millionday] WHEN A COUNTRY ENTERS THE GLOBE ON THE STOCK MARKET THEY HAVE MANY PRODUCTS AND ONE OF THEM IS THEIR CURRENCY –
IT HAS TO BE AT A CALCULATED RATE THAT IS FAIR AS IN COMPLIANT WITH INTERNATIONAL VALUES
[millionday] LET ME GET SOME MORE FROM THE TRAINING PART OF THE PLATFORM BRB
[millionday] HERE IS A GREAT ANSWER TO YOUR QUESTION JTANK
[millionday] NASDAQ OMX's strength lies within its trading models, unparalleled portfolio of products and services to fit all business models and trading styles and participation of global market participants. Competition and efficiency require constant evolution, so NASDAQ OMX continually enhances the tools you need to trade well.
[millionday] AND THERE IS MORE GOODNESS THIS IS EXCITING BRB
[millionday] THIS IS THE ANSWER TO -- "WHY LIST WITH US?" SMILE
[millionday] Listing With NASDAQ OMX Listing Services NASDAQ OMX Listing Services segment includes both U.S. and European listing services businesses.
We offer capital raising solutions to over 3,300 companies around the globe representing over $8.0 trillion in total market value as of December 31, 2013.
[millionday] We operate a variety of listing platforms around the world to provide multiple global capital raising solutions for private and public companies.
Our main listing markets are The NASDAQ Stock Market and the exchanges that comprise NASDAQ OMX Nordic and NASDAQ OMX Baltic.
We offer a consolidated global listing application to companies to enable them to apply for listing on The NASDAQ Stock Market and the exchanges that comprise NASDAQ OMX Nordic and NASDAQ OMX Baltic, as well as NASDAQ Dubai.