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Bourse de Luxembourg - paperJam

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ServicesIn an environment increasingly marked by Internet and e-commerce, the<strong>Luxembourg</strong> financial centre faces a growing <strong>de</strong>mand for comprehensiveand reliable data.In addition to its listing and market operations, the <strong>Luxembourg</strong> StockExchange provi<strong>de</strong>s a wi<strong>de</strong> range of services to the <strong>Luxembourg</strong> andinternational financial community. Fundamentally these services cover datadissemination and trading-related activities.Data disseminationData vendingGiven both the number and types of securities listed in <strong>Luxembourg</strong> andthe focus on the UCITS industry, the <strong>Luxembourg</strong> Stock Exchange has<strong>de</strong>emed it relevant to <strong>de</strong>velop a line of products meeting the needs of themarket operators. To make full use of the potential synergy, the StockExchange acquired CCLux, a company <strong>de</strong>dicated to the collection,processing and distribution of data related to <strong>Luxembourg</strong>-registeredun<strong>de</strong>rtakings for collective investment.As a result, the <strong>Luxembourg</strong> Stock Exchange is <strong>de</strong>veloping a platform whichwill allow for the consultation and exchange of data (prices, corporateevents…) and documentation by a variety of users and entities, such asnational and international newspapers, financial institutions, data vendors,auditors, retail and institutional investors, and professional operators.Legal reportingCCLux is now the single communication channel recognised for legalreporting from fund administrations to supervisory authorities such as theCSSF.The implementation of an exchange portal in 2004 will facilitate andaccelerate registration and reporting processes with the competentauthorities (CSSF, <strong>Luxembourg</strong> Stock Exchange, Clearing Systems).This new tool will also allow an on-line follow up for the various processes(i.e. visa, listing) through a secured communication network.28FactBook 2004

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