News Centre

Tokyo Stock Exchange: Deliverable Bonds And Conversion Factors Of JGB Futures (5-year, 10-year & 20-year) As Of August 20, 2003

Date 20/08/2003

The deliverable bonds and conversion factors of JGB Futures (5-year, 10-year & 20-year) can be accessed by clicking here and here.

Tokyo Stock Exchange: Addition To TOPIX Methodology

Date 20/08/2003

Tokyo Stock Exchange, Inc. (TSE) announced on Wednesday, August 20, 2003, that it will adopt certain changes concerning its method for including newly listing companies*with extremely large market capitalizations into the TOPIX and its sub-indices. This measure is designed to mitigate market impact from inclusion of such large companies to the TOPIX, in light of the fact that TOPIX is widely used as a benchmark for institutional investors. Details on the changes are as follows.

The Performance Of The MICEX Markets (11-15 August 2003)

Date 20/08/2003

The stock market. Tangible increase in prices took place in the stock market, as a result of which the MICEX Index grew by 7,1% and reached 464,33 points. Market participants were quite active and the volume of secondary trades reached 47,11 billion rubles, having increased about 1,9 times over the previous week. The blue chips went up by 5-10% on average, while the common stock of Surgutneftegaz went up by 16,6%.

The Development Of Corporate Governance In Hong Kong By Paul Chow, Chief Executive, Hong Kong Exchanges And Clearing Limited, At AIA Luncheon On 20 August 2003

Date 20/08/2003

INTRODUCTION Corporate governance is a topic familiar to all of us. We all know that there have been problems in the market recently; we know that more needs to be done to improve corporate governance in Hong Kong. Right now, the Exchange's Listing Committee is working on a further round of corporate governance reforms. I will not attempt to anticipate the outcome of the work of the committee. What I would like to do instead is to step back and look at how we got to where we are

Singapore Exchange Companies' AGM Schedules Now Available On SGX Website

Date 20/08/2003

SGX has now made available companies'AGM schedules on its website.The information is grouped under the Listed Companies menu option found in Securities Trading (menu bar on the left-hand panel of SGX's home page). Alternatively, you can now access the 'AGM Schedule'

SEC Brings Settled Enforcement Action Against UBS PaineWebber for Failure to Supervise Broker, Imposes $500,000 Penalty

Date 20/08/2003

The Securities and Exchange Commission today announced the institution of administrative proceedings against UBS PaineWebber, Inc. for failing to supervise a former registered representative, Enrique E. Perusquia, who defrauded his clients of tens of millions of dollars. PaineWebber simultaneously consented, without admitting or denying the Commission's findings, to the issuance of a Commission order finding that PaineWebber failed reasonably to supervise Perusquia and imposing a censure and a c

NZX Market Closure - An Explanation

Date 20/08/2003

Today NZX determined that the electronic messages originating from RMLT, one of the three New Zealand share registries that manage the transfer of shares between brokers accounts and clients accounts, were faulty. The faults were due to a RMLT software upgrade. NZX management accordingly decided to halt trading in the market. NZX has kept the market closed until it confirmed conclusively that (i) all shareholder balances within the RMLT registry are correct and all client positions accurate; and

Nymex To Change Margins On Natural Gas Basis Swap Futures Contracts

Date 20/08/2003

The New York Mercantile Exchange, Inc., announced yesterday that it will change the margins on its natural gas basis swap futures contracts as of the close of business tomorrow.

NYBOT To Consolidate New York Futures Exchange

Date 20/08/2003

The New York Board of Trade® (NYBOT®) announced today that it has begun a plan to consolidate the memberships and trading privileges of its subsidiary exchanges starting with the New York Futures Exchange (NYFE). The first stage of the plan will result in the FINEX Licenses being split into a Cotton/OJ Option permit and a FINEX License (hereinafter referred to as the "FINEX Membership"); the FINEX Membership's trading rights are being amended to include financial contracts (USDX and cross-rate

KOFEX Weekly Bulletin

Date 20/08/2003

Please click here for the KOFEX Weekly Bulletin.