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  • New York Mercantile Exchange Names Two New Vice Presidents

    Date 21/09/1999

    The New York Mercantile Exchange board of director recently promoted Richard Jacobi to vice president of market data services and Arthur McCoy to vice president of financial surveillance.

  • New Options To ASAS Rights British Steel/Koninklij

    Date 21/09/1999

    Provided that the bid for depositary receipts for Koninklijke Hoogovens N.V. shares becomes unconditional, as from Wednesday 6 October 1999 ASAS rights to British Steel/ Koninklijke Hoogovens shares will be listed on Amsterdam Exchanges’ stock market. These are rights issued by Amsterdam Exchanges for shares in BSKH plc.

  • MEFF Renta Variable Initial Margins and Extended Trading Hours

    Date 21/09/1999

    At close of market session for next Friday September 24th, the Valuation Interval used to calculate Initial Margins will decrease from 800 to 700 Index points. From September 27th, the trigger for additional intra-day margins (margin call) is set at 550 Index points.

  • CME Weather Futures, Options To Begin Trading Sept. 22

    Date 21/09/1999

    The world's first exchange-traded temperature-related weather derivatives will begin trading at 9 a.m. (Central time) tomorrow, Wednesday, Sept. 22, the Chicago Mercantile Exchange announced.

  • Change To Standard Tick Sizes For Shares Traded On AEX Stock Market

    Date 21/09/1999

    On Friday 1 October, Amsterdam Exchanges' stock market will introduce a new standard for tick sizes for shares. The adjusted tick sizes will be based on the closing price of each share on Thursday 30 September. The standard tick size for a share is dependent on the share's absolute price.

  • The Central Bank Of Iceland Raises Interest Rates

    Date 20/09/1999

    The Central Bank of Iceland has decided to raise its interest rates by 0.6 percent effective September 20 and 21 1999.

  • SFE Experiences Strong Trading Week

    Date 20/09/1999

    Trading volume at the Sydney Futures Exchange (SFE) continues to rise, unaffected by demutualisation and ownership issues.

  • Richard Ward Appointed Chief Executive Of IPE

    Date 20/09/1999

    At a meeting on September 17 the IPE Board of Directors agreed to appoint Richard Ward as Chief Executive of the Exchange. Dr Ward has been acting Chief Executive since the beginning of August when the previous incumbent Lynton Jones left the IPE.

  • Pacific Exchange To Trade Options On The Timberland Company

    Date 20/09/1999

    The Pacific Exchange (PCX) will begin trading options on The Timberland Company (TBL) on Thursday, September 23, 1999.

  • Osaka Mercantile Exchange RSS3 Futures/Rubber Index Futures Weekly Report

    Date 20/09/1999

    Distant month: opening 72.90 yen, a high 75.00yen (Sep. 17), low 71.10 yen (Sep. 16), closing 73.60 yen. Distant month: opening 68.05, a high 69.10 (Sep. 16), a low 65.95 (Sep. 6), closing 69.10 points.