Tuesday, July 1, 2014

Millionday Monday Night News Part 1

Millionday Monday Night News Part 1

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

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