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UK's Financial Services Authority Announces A New Market-based Instalment Plan For Firms To Pay Their 2005/06 Fees And Levies
Date 17/05/2005
Following the FSA's facilitation of detailed negotiations between the Small Business Practitioner Panel (SBPP), Financial Services Compensation Scheme (FSCS), Trade Associations and credit providers, a successful outcome has been reached in which one of the providers - Premium Credit Limited – will be able to provide a suitable instalment plan for firms who wish to use such a facility by which to pay their fees and levies.
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Trading In Foreign And Multiple Currencies In The Main Segment Of The SWX Swiss Exchange
Date 17/05/2005
The SWX Swiss Exchange decided in its resolution of 22 March 2005 to extend trading in foreign and multiple currencies – which is already permitted in the Investment (cf. SWX message no. 35/2000 dated 22 May 2000 and SWX message no. 59/2001 dated 9 July 2001) and Real Estate (cf. SWX message no. 84/2003 dated 10 November 2003) Companies segments to the Main Segment of the SWX.
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STOXX, Ltd. Changes The Composition Of The European Benchmark Indexes - Second Regular Quarterly Review To Be Effective On June 20, 2005
Date 17/05/2005
STOXX, Ltd. today announced changes in the composition of the Dow Jones STOXX Global 1800 index, the Dow Jones STOXX Total Market Index, the Dow Jones STOXX 600 Index and its sector indexes, the Dow Jones EU Enlarged Total Market Index and the Dow Jones STOXX Football Index.
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SIS Swiss Financial Services Group AG Submission To The UK Competition Commission Inquiry Into A Possible Acquisition Of London Stock Exchange Plc By Deutsche Börse AG Or Euronext N.V.
Date 17/05/2005
Click here to download the SIS Swiss Financial Services Group AG submission to the UK Competition Commission Iiquiry into a possible acquisition of London Stock Exchange plc by Deutsche Börse AG or Euronext N.V.
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Shandong Molong Petroleum Machinery Co. Ltd. Shares Increase In The S&P/HKEx GEM Index
Date 17/05/2005
Standard & Poor’s will make the following changes in the S&P/HKEx GEM Index effective after the close of trading Thursday, May 19, 2005: Shandong Molong Petroleum Machinery Co. Ltd. (Hong Kong, SEDOL: B00LN28, GICS: Energy, GICS Code: 10101020), a member of the S&P/HKEx GEM Index, shares will increase by 108,000,000 to 246,276,000. The change is due to the successful placement of shares. There will also be a decrease to the Investable Weight Factor (IWF).
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SETTRADE Unveils Trends In Internet Trading - Strives To Provide Multi-Dimensional Solutions For Multiple Users In Several Markets
Date 17/05/2005
SETTRADE.Com Co., Ltd. unveiled the trends in securities trading via the Internet and announced it would strive to develop its technology for Internet trading and provide comprehensive information services for equity, bonds, and derivatives.
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Securities Industry Association, The Bond Market Association Argue That Same Securities Class Action Standards Should Apply To Holders, Purchasers, Sellers - Amicus Brief Asks Supreme Court To Review Second Circuit Court’s Merrill V. Dabit Decision
Date 17/05/2005
The Securities Industry Association and The Bond Market Association today filed an amici curiae brief in support of Merrill Lynch’s appeal of the Second Circuit Court’s decision in Merrill Lynch, Pierce, Fenner & Smith, Inc. vs. Dabit. The case involves the applicability of the Securities Litigation Uniform Standards Act (“SLUSA”) to a suit brought under state law by a holder of a security who claims to have “refrained from selling” the security based upon alleged misrepresentations in the pros
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Proposal For Revised Recommendations From The Copenhagen Stock Exchange’s Committee For Corporate Governance
Date 17/05/2005
The Copenhagen Stock Exchange Committee on Corporate Governance today published the Committee’s proposal for revised recommendations in the light of the implementation of the ’comply or explain’ principle and the EU recommendations regarding the management’s independence and remuneration
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PCCW Limited Shares And IWF Change In The S&P/HKEx LargeCap Index
Date 17/05/2005
Standard & Poor’s will make the following changes in the S&P/HKEx LargeCap Index effective after the close of trading Thursday, May 19, 2005: PCCW Limited Shares (Hong Kong, SEDOL: 6574071, GICS: Telecommunication Services, GICS Code: 50101020), a member of the S&P/HKEx LargeCap Index, shares will increase from 5,374,320,000 to 6,718,128,000. The new shares were issued to meet existing employee share option scheme obligations. There will also be a decrease in IWF.
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On Results Of The General Meeting Of Participants In Not-For-Profit Partnership “The National Depository Center” (NDC)
Date 17/05/2005
On 14 May 2005, the General Meeting of Participants in Not-for-Profit Partnership “The National Depository Center” (NDC) was held. The Attendees of the Meeting formed the Board of Directors of NDC and elected the members of the Revision Board (Auditing Board) of NDC, the Budget Committee of NDC, the Committee for Depository Servicing of NDC, and the Risk Management Committee of NDC. The Meeting considered the Report of the NDC CEO on the activities of the Partnership in 2004 and other related ma
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