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  • SEC Charges Former ImClone CEO Samuel Waksal With Illegal Insider Trading

    Date 12/06/2002

    The Securities and Exchange Commission today filed charges against Samuel Waksal, the former CEO of ImClone Systems Inc., for illegal insider trading. In its complaint, the Commission charges that Waksal received disappointing news late last December that the U.S. Food and Drug Administration would soon issue a decision rejecting for review ImClone's pending application to market its cancer treatment drug, Erbitux. The SEC further charges that Waksal told this negative information to certain fam

  • Palestine Securities Exchange: No Trading On June 12

    Date 12/06/2002

    The Palestine Securities Exchange announced that the trading session of today, Wednesday the 12th of June 2002, has been cancelled due to the continuous siege and curfew which has been imposed on the city of Ramallah by the Israeli army. The settlement bank and Ramallah's brokerage firms are forced to close.

  • Malaysia Derivatives Exchange Berhad (MDEX) Considering Cross Trading to Enhances Liquidity And Diversity

    Date 12/06/2002

    Malaysia Derivatives Exchange Berhad (MDEX) is considering the cross trading of derivative products with other exchanges in the region as a means to provide greater liquidity and diversity of derivative products.

  • London Stock Exchange Monthly Market Report For May 2002 - Number Of UK Shares Traded Up 34% On May 2001 - Number Of Trades On Sets Up 48% On May 2001

    Date 12/06/2002

    The number of UK shares traded on the London Stock Exchange rose 34 per cent in May to 62.4 billion shares, compared with 46.4 billion shares in the same month in 2001. There were 22 trading days in May 2002 compared with 21 days in May 2001.

  • Instinet's Conference Call

    Date 12/06/2002

    Instinet and Island held a conference call for investors on Monday, June 10 at 10:00 AM (New York time). The call consisted of a presentation, followed by a question and answer session with Mark Nienstedt, Ed Nicoll, Jean-Marc Bouhelier and Matthew Andresen.

  • FTSE Confirms UK Review

    Date 12/06/2002

    Following the quarterly meeting of the FTSE Committee, FTSE Group confirms that three companies will be deleted from the FTSE 100.

  • CME's EuroFX Futures Volume Breaks 90,000 Mark

    Date 12/06/2002

    EuroFX futures traded on Chicago Mercantile Exchange Inc. (CME) set a new single-day volume record yesterday, June 11, when 93,328 contracts changed hands. This record surpassed the previous record of 78,395 contracts set on Dec. 11, 2001 by more than 19 percent.

  • Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

    Date 11/06/2002

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index: Effective after the close on Wednesday, June 12, 2002, Campion Resources Ltd. (TSX:CPR) will be delisted from the TSX Venture Exchange. All the shares of the company have been acquired by Progress Energy Ltd.

  • Palestine Securities Exchange Trading On June 11 Cancelled

    Date 11/06/2002

    The trading session of today Tuesday the 11th of June 2002 will be cancelled due to the continuous siege and curfew on the city of Ramallah which was imposed by the Israeli army. The settlement bank and a number of brokerage firms are forced to close.

  • HKEx: New Educational Article Examines ETFs As An Investment And Hedging Tool

    Date 11/06/2002

    Exchange Traded Funds (ETFs) are the focus of a new educational article by Dr. Louis T.W. Cheng, an Associate Professor in the Department of Business Studies at Hong Kong Polytechnic University, and Mr. Kevin Cheng, Vice President, Market Development and Education in Hong Kong Exchanges and Clearing Limited's (HKEx) Exchange Business Unit.