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  • Reprimand Of The Compagnie Générale De Navigation Sur Le Lac Léman By The SWX Swiss Exchange

    Date 05/09/2002

    The SWX Swiss Exchange has issued a reprimand against the Compagnie Générale de Navigation sur le Lac Léman (CGN), Lausanne, for violation of the Listing Rules. The reprimand of the SWX refers to the failure to disclose the previous year's figures in the interim report for 2001. The failure to disclose the previous year's figures makes it far more difficult to assess the company's profits and losses, as well as trends and developments.

  • Philadelphia Stock Exchange To Hold Memorial Bell-Ringing Ceremony On September 11 At 10:30 A.M. - Formal Opening Delayed Until 11:00 A.M.

    Date 05/09/2002

    The Philadelphia Stock Exchange announced today that it will hold a special bell-ringing ceremony on Wednesday, September 11 starting at 10:30 a.m. to commemorate the tragic events one year ago. The opening of trade has been delayed until 11:00 a.m. in conjunction with other national exchanges.

  • New Zealand Stock Exchange To Close Market For Two Hours On September 11

    Date 05/09/2002

    The New Zealand Stock Exchange will close its market for the first two hours of trading on September 11 to mark one year on from the terrorist attacks on the World Trade Centre in New York.

  • IPE Makes Changes To Brent Index Calculation

    Date 05/09/2002

    On 8 August 2002, the IPE issued a statement concerning its review of the IPE Brent Index settlement mechanism. In that statement, the IPE referred to the factors relevant to considering replacing 15 Day Brent in the Index with another Brent forward market. A key requirement was that 'there are reported cargo trades and intra day assessments of the same contract type that are verifiable and transparent'.

  • First Eurex Participant In Australia - World's Biggest Network Of Participants Spans Three Continents

    Date 05/09/2002

    Eurex, the international derivatives market, has now extended its worldwide network to Australia: As of September 4, Fortis Clearing Sydney is the first admitted Eurex Non-Clearing Member in Australia. Eurex made the announcement on Thursday at the 23rd Bürgenstock Meeting in Lucerne, Switzerland. Eurex indicated that further participants from Australia were in the connection process. On the whole, there is a great deal of market interest and market potential in Australia, Eurex said.