News Centre

Market Making In Icelandic Government Bonds Increased Transparency In The Bond Market June-December 2000

Date 31/05/2000

In order to increase transparency and enhance market making in the secondary market the Minister of Finance has assigned the National Debt Management Agency (NDMA) the task of offering Market Making Agreements to market participants. Under this agreement Market Makers will be paid a fixed commission based on the transaction volume they initiate on the Icelandic Stock Exchange. In addition the NDMA will appoint the Market Makers as Authorised Dealers in Icelandic Government Bonds. Under the agree
Kansas City Board Of Trade Names Bob Petersen To Head Exchange

Date 31/05/2000

The Kansas City Board of Trade has hired Bob Petersen as its new president.
HKEx Shareholders Approved Resolutions At EGM

Date 31/05/2000

Hong Kong Exchanges and Clearing held an Extraordinary General Meeting today (Wednesday) and shareholders approved the following resolutions:
Dresdner Kleinwort Benson - New Member Of The Copenhagen Stock Exchange

Date 31/05/2000

The Copenhagen Stock Exchange has approved Dresdner Kleinwort Benson as a new member. The new member commences trading on 2 June 2000.
CBOT, CME Respond To Commodity Exchange Act Legislation Introduced By Ewing

Date 31/05/2000

The Chicago Mercantile Exchange (CME) and Chicago Board of Trade (CBOT) issued the following statement in response to the introduction of Rep. Thomas Ewing's (R-IL) bill, H.R. 4541, amending the Commodity Exchange Act (CEA):
The Tel Aviv Stock Exchange Announces The TA Banking Index

Date 30/05/2000

The Tel Aviv Stock Exchange announced that on June 1, 2000,it would introduce the TA Banking Index. The index will track the performance of the five TASE-listed bank shares with the highest market capitalization. The Exchange also decided to launch options and futures contracts on the new index. Trading in the TA Banking Index derivatives will begin after the start of trading in new derivatives on the TA 75 Index, which is expected shortly.
SWX Swiss Exchange - Investment Company Segment Trading Also In Foreign Currency

Date 30/05/2000

As of 1 June 2000, investment companies that are listed on the SWX Swiss Exchange can apply for their shares to be traded in a foreign currency. Other than the Swiss-franc trading basis that has been available to date, a choice can now be made between US dollars and euros.
Stock Exchange Of Hong Kong Automatic Order Matching and Execution System (Updates)

Date 30/05/2000

The Automatic Order Matching and Execution System (AMS/2) of the Stock Exchange of Hong Kong experienced a "system busy" status at about 11:00am . The system recovered at about 11:42am. The Exchange is looking into the cause of the "system busy".
Stock Exchange Of Hong Kong Automatic Order matching And Execution System (AMS/2)

Date 30/05/2000

The Automatic Order matching and Execution System (AMS/2) of the Stock Exchange of Hong Kong experienced a "system busy" status at about 11:00am. The system recovered at about 11:40am. The Exchange is looking into the cause of the incident.
SEC Grants International Securities Exchange Exemption To Accommodate Its Electronic Market In The Marketwide Data System

Date 30/05/2000

The Commission has granted the International Securities Exchange's (ISE) request for a temporary exemption to accommodate the ISE in the consolidated system for options market information. Absent this exemption, the ISE could have been precluded by the marketwide plan for consolidating information from disseminating its own market data within the ISE's electronic market.