News Centre

Oslo Stock Exchange Board Warns Atlantic Securities ASA After Breach Of Good Business Practices

Date 25/05/2000

The board has delivered a sharp warning to Atlantic Securities after the company breached good business practices when dealing for own account in unlisted shares.
OM Gruppen Offers Stock Options To All Its Employees

Date 25/05/2000

The Board of Directors of OM Gruppen AB has decided to introduce a world-wide employee stock option scheme that will be available to approximately 1,000 employees of the group with its wholly-owned subsidiaries.
NYMEX Sets Consecutive Natural Gas Options Volume Records

Date 25/05/2000

The New York Mercantile Exchange set a daily volume record on Friday, May 18, with 43,688 natural gas options contracts traded, surpassing the record 43,534 contracts traded on January 31, 2000, and exceeded the record again on Monday, May 22, when 52,625 natural gas options contracts were traded.
IPE To Launch Electricity Futures On 2 October, 2000

Date 25/05/2000

The IPE will launch its Electricity futures contract on 2 October, creating the UK's first integrated utilities market. The contract will be traded on the IPE's electronic trading system (ETS II), which has a reputation for reliability, providing consistent 100% availability during trading hours.
Exchange To Increase Margins On Electricity Futures

Date 25/05/2000

The New York Mercantile Exchange will raise the margins on California/Oregon border and PaloVerde electricity and on the July and August 2000 contracts for Cinergy, Entergy, and Pennsylvania/New Jersey/Maryland (PJM) electricity as of the close of business today. Margins on California/Oregon border and Palo Verde electricity futures will be increased to $2,000 from $1,500 for clearing members; to $2,200 from $1,650 for members; and to $2,700 from $2,025 for customers. Margins for the Cinergy, E
E-mini Equity Index Contracts Break 100,000, 50,000 Marks - Volume In E-mini S&P 500 And E-mini Nasdaq 100 Futures Soars

Date 25/05/2000

Continued volatility in the U.S. stock market and uncertainty over future interest rate hikes helped fuel significant new trading volume records yesterday in the popular E-mini S&P 500 and E-mini Nasdaq 100 Index futures contracts traded on the Chicago Mercantile Exchange (CME).
EEX Links Up Participants To Systems For Electricity Trading

Date 25/05/2000

In preparation for the launch of an integrated spot and derivatives market for electricity, EEX, the European Energy Exchange, is now in the process of technically linking up the first participants to its trading systems. A total of 22 market participants from Belgium, Germany, the UK, the Netherlands and Switzerland are already preparing for the launch of the spot market in August.
Cyprus Stock Exchange Developments in April 2000

Date 25/05/2000

During April there was a slight decrease not only in the General Price Index but also in the value of the shares traded compared to March. The last trading day of the month saw the General Price Index at 549.51 points. The index high during April was 559.26 points.
SEC Approves Trade And Quote Halt Authority In OTCBB Securities

Date 24/05/2000

The National Association of Securities Dealers, Inc. (NASD®) today announced that the Securities and Exchange Commission (SEC) has approved its proposal to allow The Nasdaq Stock Market® to halt trading and quotations in OTC Bulletin Board® (OTCBB) securities under certain circumstances. The new rule - which will afford investors better protection - will be implemented on June 26, 2000.
Postponement Of The Commencement Of Saxess Release 2.0

Date 24/05/2000

Due to the introduction of Telia on the Swedish stock exchange on 13 June 2000 the OM Stockholm Exchange has requested postponement of the commencement of Saxess release 2.0 which was scheduled for implementation on that very same day.