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  • Philadelphia Stock Exchange Board Of Governors Elects Isaac C. Hunt, Jr. To Its Board

    Date 24/10/2002

    The Philadelphia Stock Exchange announced today the election of Isaac C. Hunt, Jr. to its Board of Governors filling a non-industry governor position left vacant by R. James Woolsey.

  • Oslo Børs Holding ASA - 3rd Quarter 2002

    Date 24/10/2002

    Oslo Børs Holding ASA achieved a third-quarter post-tax profit of NOK 10.0 (17.1) million. Post-tax profit for the year to date is NOK 35.0 (41.9) million. The effective tax rate increased from 16 per cent in the third quarter of 2001 to 28 per cent in the third quarter of 2002. The increase comes to NOK 6.1 million. Oslo Børs became liable to tax upon privatisation in May 2001.

  • NYBOT Members Awarded 9/11 Grants From The New York City Partnership

    Date 24/10/2002

    The New York Board of Trade (NYBOT®) and the New York City Partnership announced today that the Partnership has awarded recoverable grants totaling $290,000 to 34 NYBOT floor traders and brokers through its investment affiliate, the New York City Investment Fund.

  • Meeting Of The Board Of Oslo Børs On 23 October 2002

    Date 24/10/2002

    At its meeting 23 October, the Board of Oslo Børs agreed to admit Timber Hill (Europe) AG as a member of Oslo Børs. Timber Hill will be entitled to participate in trading and price quotation for equity instruments for its own account and risk. The Board has authorised the management of Oslo Børs to agree the starting date and make the necessary practical arrangements for membership, including entering into the agreements required. The firm will operate as a remote member from Switzerland

  • Malaysian Central Depository Sdn Bhd: Consolidated CDS Statement For Effective Portfolio Management

    Date 24/10/2002

    Malaysian Central Depository Sdn Bhd (MCD), the central depository of the Kuala Lumpur Stock Exchange (KLSE) operating the Central Depository System (CDS) launched a new facility known as the Consolidated CDS Statement of Account (CSA), on Monday, 21st October 2002.

  • Eurex Cancels Trades In Futures On Euro STOXX 50 And STOXX 50 Indices

    Date 24/10/2002

    The international derivatives market Eurex cancelled around 200 trades in futures on the Dow Jones Euro STOXX 50 and Dow Jones STOXX 50 indices on Wednesday. The cancellation only affected certain trades that occurred within a 45 second period at 5.48 p.m. According to Eurex order entries by market participants had had an impact to the extent that orderly trading in the above-mentioned derivatives was not insured. As a consequence Eurex cancelled the trades ex officio. Eurex had informed all par

  • BrokerTec Futures Exchange Veteran's Day Holiday

    Date 24/10/2002

    BrokerTec Futures Exchange (BTEX) will close for trading of all futures contracts on Friday, November 8, 2002 at 1:30 p.m. (New York time). BTEX will remain closed on Monday, November 11, 2002, and will reopen for trading at 2:00 a.m. (New York time) on Tuesday, November 12, 2002.

  • UK's Financial Services Authority Seeks Information On 'Spinning' From City Firms

    Date 23/10/2002

    The Financial Services Authority (FSA) has written to City firms asking whether 'spinning' was an important feature of the UK market during the recent period of high activity in initial public offerings (IPOs). 'Spinning' is the alleged practice of providing shares in popular IPOs to senior executives in the hope of attracting corporate finance business. The FSA is also requesting information on what processes UK regulated firms have in place to prevent 'spinning' and is seeking views on a possi

  • Tokyo International Financial Futures Exchange: Trading Starts 15 Minutes Earlier On 29 October 2002

    Date 23/10/2002

    TIFFE announced that trading for all contracts starts at 8:45am(JST) on 29 October 2002, responding to the release of a preliminary report on Indices of Industrial Production at 8:50am.

  • The Montreal Exchange Plans To Use Radianz Financial Extranet

    Date 23/10/2002

    Radianz today announced that Bourse de Montréal Inc. (Montréal Exchange) plans to use Radianz's global financial extranet, RadianzNet, to connect brokers in the United States and Canada to the exchange's electronic trading system.