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  • New Zealand Stock Exchange: Recalculation Of The NZSE Indices Now Set For February 2003

    Date 18/12/2002

    The New Zealand Stock Exchange (NZSE) has received a significant amount of feedback on its updated "Reforming and Improving the NZSE Indices" Proposal. As a result of comprehensive one-on-one interviews with major institutions and actuaries and feedback from the submission process, the NZSE has decided to revise commencement of the recalculation date of the indices, until February 2003.

  • Meeting Of The Board Of Oslo Børs On 18 December 2002

    Date 18/12/2002

    At its meeting on 18 December 2002 the Board of Oslo Børs resolved that the ownership interests in Elkem held by Orkla and Nordstjernen should be treated as a consolidated holding. This decision means that Orkla is now subject to the duty to make an offer for Elkem. The Board also approved the admission of three new members of Oslo Børs. The new members are Lehman Brothers International (Europe), Danske Bank A/S and FöreningsSparbanken AB (publ).

  • GlobalCOAL<SUP><SMALL>TM</SMALL></SUP> Is Pleased To Announce Another Record Month Of Transactions In Its Newcastle Market

    Date 18/12/2002

    globalCOALTM, the coal e-marketplace backed by leading industry consumers & producers, is pleased to announce that it has transacted a record amount of tonnage in Newcastle (Phys NEWCTM) at 1.635 million metric tonnes month-to-date. In addition, a major coal user has made a commitment to place bids, on a regular basis, with an intention to purchase physical tonnage in the Phys NEWCTM market on globalCOALTM, which will commence in 2003.

  • Deutsche Börse Updates Weightings In Equity Indices

    Date 18/12/2002

    Effective December 23, new weights will apply for the companies in the equity indices of Deutsche Börse. The index provider released the tentative figures on Wednesday. The final figures, based on Friday's Xetra closing prices, will be published on Saturday at the Deutsche Börse Web site.

  • Arbitration Proceedings Between HEX And Trading Members Concluded

    Date 18/12/2002

    An Arbitration Court has ruled on 18 December that HEX is liable to reimburse a number of brokers for the value added tax that HEX has been refunded from the years 1995-2000 (VAT refund), altogether 11.3 million euro.

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