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  • LME Finalises Plans For Change Of Company Structure

    Date 09/08/2000

    The LME today announced that the board had agreed its final recommendations for structural change to be put to its membership at an Extraordinary General Meeting in September 2000.

  • EEX: Increasing Professionalization Of Electricity Trading - 21 Participants On Board From Very First Day - Meeting The Needs Of The German Market

    Date 09/08/2000

    "The launch of EEX will advance the professionalization of electricity trading," said the two EEX Executive Board members Christian Geyer and Hans E. Schweickardt in Frankfurt on Wednesday. "Progressive portfolio management with financial-sector trading techniques is coming to the fore, in which long- and short-term contracts, exchange-based trading and OTC trading, complement each other," as Geyer and Schweickardt put it. "The standards that have to be met by trading systems will continue to

  • Central Bank Of Iceland Weekly Repo Auction 08/08 2000

    Date 09/08/2000

    The Central Bank of Iceland held a weekly auction of repurchase agreements on August 8 of the standard maturity of 14 days. The auction was a fixed rate one at 10.6 per cent p.a. Offers were made for a total amount of 15.5 billion krónur resulting in repurchase contracts for that amount.

  • Nymex Names New Vice President

    Date 08/08/2000

    The New York Mercantile Exchange board of directors has promoted Karen Ogulnick to vice president of NYMEX ACCESS®, the Exchange's electronic trading system.

  • Johannesburg Stock Exchange Strategic Review

    Date 08/08/2000

    Further to recent speculation concerning the strategic review conducted by the JSE in March 2000, the JSE would like to state that: The JSE’s strategic review was initiated in the interest of further economic liberalisation and deregulation, the reduction of costs and the maximising of efficiencies and international best practice. The review commenced in December 1999 and is not in reaction to any recent events. To date the JSE has consulted with a broad selection of its users to ascertain whic

  • Electricity Trading On EEX Successfully Launched - 12,233 Megawatt Hours Traded - 21 Market Participants From Five Countries On Board For The Launch

    Date 08/08/2000

    "Our high expectations have been surpassed," said the two EEX Board members Christian Geyer and Hans E. Schweickardt, summing up the successful launch of the European Energy Exchange on Tuesday. On the first day of trading, 12,233 megawatt hours (MWh) of electricity were traded.

  • Archipelago Begins Trading In Nasdaq InterMarket

    Date 08/08/2000

    The Nasdaq Stock Market, Inc. announced today that Archipelago has begun trading New York Stock Exchange (NYSE) and American Stock Exchange (AMEX) stocks on Nasdaq InterMarketSM (formerly known as the Third Market). This is the first time an electronic communications network (ECN) has traded exchange-listed stocks in the national market system. Yesterday, when this new service began, investors and traders using Archipelago were able to set the inside quote of 11 exchange-listed securities just a

  • The KFX Index Reaches 1st All-Time High In August

    Date 07/08/2000

    The KFX Index closed the day at 316.58 – 57 per cent higher than the corresponding day last year. The previous record of 311.74 was reached on 20 July 2000.

  • Stock Exchange Of Hong Kong Amendments To The Exchange Listing Rules

    Date 07/08/2000

    The Stock Exchange of Hong Kong has amended the Exchange Listing Rules relating to closure of the transfer books or register of members/warrantholders of issuers of equity securities/derivative warrants.

  • Singapore Exchange Appoints New Board Members

    Date 07/08/2000

    Singapore Exchange (SGX) today announced the appointment of three new members to its Board of Directors.