News Centre

Copenhagen Stock Exchange Announces The Launch of A And B Subscriptions From ELECTRA To MVS DEMO Period Postponed To 29 May 2000

Date 16/05/2000

In briefing.xcse.dk No. 28 - 5.4.2000, the Copenhagen Stock Exchange provided information on the restructuring of the distribution of the A and B subscriptions from ELECTRA to the MVS platform of the Danish Securities Centre as well as a number of changes in the transactions in connection with the migration of bonds and derivatives from ELECTRA. The launch of the DEMO period was scheduled for 15 May 2000 in the said letter. However, a situational audit has shown that it is necessary to postpone
Central Bank Of Iceland Weekly Repo Auction 16/5 2000

Date 16/05/2000

The Central Bank of Iceland held a weekly auction of repurchase agreements on May 16 of the standard maturity of 14 days. The auction was a fixed rate one at 10.1 per cent p.a. Offers were made for a total amount of 11.4 billion krónur resulting in repurchase contracts for that amount.
Amendments to the Stock Exchange Of Hong Kong Listing Rules Financial Disclosure Provisions And The General Disclosure Obligation

Date 16/05/2000

The Exchange Listing Rules have been amended. The amendments relate to the financial disclosure provisions and the general disclosure obligation. More specifically: Appendix 16 setting out financial disclosure requirements for announcements of results, circulars, listing documents, and interim and annual reports, has been added to the Exchange Listing Rules. The existing financial disclosure provisions in the Listing Agreement have been consolidated into Appendix 16 and a number of new provisi
ABN AMRO To Install OM Technology's OneWorld Settlement System

Date 16/05/2000

ABN AMRO Asia Limited, a leader in Asian broking and corporate finance, and OM Technology, a leading provider of application software to the financial services industry, today announced that ABN AMRO Asia Limited will implement OM Technology's OneWorld Settlement system, placing the brokerage at the cutting edge of straight-through order-processing technology.
Stock Exchange Of Hong Kong April Market Statistics

Date 15/05/2000

Market turnover contracted in April with the daily turnover value dropping to HKD6,969 million on the 27th, the lowest for 2000.
Singapore Exchange To Liberalise All Commissions From October - Risk Control Measures Under Review

Date 15/05/2000

Singapore Exchange (SGX) has announced that brokerage rates will be fully negotiable for all transactions on Singapore Exchange Securities Trading Limited (SGX-ST), including online trades, with effect from 1 October 2000.
Kuala Lumpur Stock Exchange To Launch Technology Sector And Technology Index

Date 15/05/2000

The Kuala Lumpur Stock Exchange (KLSE) is launching a technology sector and a corresponding technology index on Monday, 15 May 2000.
KCBT Changes Daily Price Limit Procedures For ISDEX Internet Stock Index Futures

Date 15/05/2000

Effective tomorrow, the Kansas City Board of Trade is changing daily price limit procedures for its ISDEX Internet stock index futures contract.
Eurex Launches Options And Futures On Nemax 50 - Expanded Product Line For Neuer Markt - Small Contract Size For Retail Market

Date 15/05/2000

Eurex, the European derivatives market, is launching options and futures on the Neuer Markt blue-chip index, the Nemax 50, on June 19, 2000. With these new products on the benchmark index for the fastest-growing cash market in Europe, Eurex is taking the high performance of Deutsche Börse's high-tech segment into account.
The Tax Authority Refunds Additional VAT to OM

Date 12/05/2000

In a press release dated 3 April 2000, OM provided information that stock market trading is exempted from VAT and that VAT paid during the period 1995-1998 will be refunded. The Tax Authority in Stockholm County has now decided that VAT will also be refunded in respect of the period 1 January 1999 to 29 February 2000. The refund will have a positive effect on profits of approximately SEK 40 million.