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  • Nawrath And Röthig Reinforce Management Team Of Deutsche Börse

    Date 30/01/2003

    Deutsche Börse AG is rounding out its management team with Dr. Axel Nawrath and Jürgen K. Röthig as Managing Directors. Nawrath (48) will join the Deutsche Börse Group as Chief Policy and Communications Officer as of March 1 and will report to the chief executive officer of Deutsche Börse, Werner G. Seifert. As of February 1, Röthig (40) will be responsible for the business unit Trading/Clearing/Info Operations and will become a member of the Operations Committee headed by Matthias Ganz

  • NASDAQ To Eliminate Quote Update Fee

    Date 30/01/2003

    The NASDAQ Stock Market, Inc. (NASDAQ®) today announced that it has filed with the U.S. Securities and Exchange Commission (SEC) a proposal to eliminate the charges for quotation updates, as well as non-directed and preferenced order cancels. The goal is to lower the overall cost of market participants' use of the new SuperMontage trading system. The elimination of the charges will be effective on February 3, 2003.

  • NASDAQ Proposes To Extend Minimum Bid Price Rule Compliance Periods - Measures Provide Option To Companies Meeting Heightened Financial Requirements

    Date 30/01/2003

    The NASDAQ Stock Market, Inc. (NASDAQ®) announced plans to extend a pilot program governing bid price rules for all NASDAQ National Market® and NASDAQ Small Cap® issuers. The proposal will allow issuers that meet heightened financial requirements to benefit from extended compliance periods for satisfying minimum bid price requirements.

  • Kuala Lumpur Stock Exchange: Standard Board Lots To Enhance Investor Participation And Market Liquidity

    Date 30/01/2003

    Kuala Lumpur Stock Exchange (KLSE) will be standardising board lot of securities traded on the KLSE at 100 units of securities per lot.

  • KOFEX Weekly Bulletin

    Date 30/01/2003

    Summary The KTB futures market represented a similar upward trend, albeit slight, compared with the previous week. The Korean Won continued enjoying its strength iagainst the US Dollar at the KOFEX USD/KRW F/X market.