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  • IOSCO: Publication Of Important Statements Of Principles By The Technical Committee To Guide Securities Regulators In Dealing With Three Critical Areas Necessary For Investor Confidence In Securities Markets

    Date 18/10/2002

    The Technical Committee of the International Organization of Securities Commissions today issued statements of principles to guide securities regulators in dealing with three critical areas necessary for investor confidence in securities markets. The principles describe essential features of regulatory systems requiring transparency and disclosure by listed entities; the independence of external auditors; and the need for public oversight of the audit function.

  • HKEx: Status Report On New Product And Market Development Initiatives (Status As Of 1 October 2002)

    Date 18/10/2002

    The following initiatives are subject to market support and regulatory approval so they may not be implemented. HKEx will announce further details of these initiatives as they progress.

  • HKEx Publishes October Edition Of Quarterly Publication - Exchange

    Date 18/10/2002

    Hong Kong Exchanges and Clearing Limited (HKEx) has published the October edition of its quarterly publication Exchange. Key stories in this edition include: a discussion of the quality of the Hong Kong stock market by HKEx Chief Executive Kwong Ki-chi. The article is the first in a series of articles on market quality; a Chat Room conversation with HKEx Chief Financial Officer & Treasurer David Cheung on HKEx's Treasury operations and investment policy; a study of the cos

  • Euronext.Liffe's Sir Brian Williamson: "London's Pre-Emininence As A Financial Centre Depends On Competition"

    Date 18/10/2002

    Extracts from a speech by Sir Brian Williamson, Chairman of LIFFE and a member of the Supervisory Board of Euronext N.V., speaking today at the Association of Private Client Investment Managers and Stockbrokers (APCIMS) National Conference in Dublin: "London's pre-eminence depends on two factors. Certainly in the past the City has benefited from other people's mistakes and in the future it will require avoiding making them again. But it also depends on ensuring competition which drives the grow

  • Eurex: Trading Initiative For DJ STOXX 50 Products

    Date 18/10/2002

    In early October, Eurex, the international derivatives market, launched an initiative to boost trading activity in futures and options on the DJ STOXX 50 index further. Since that time, so-called Designated Market Making has applied to the futures, which provides for even narrower spreads and thus for further increases in trading activity. For the options on STOXX 50, the existing market-making model for options products at Eurex continues to apply, in which the market makers provide for liquidi