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  • Nasdaq Appoints New Controller And Head Of Investor Relations - Market Builds Finance Department In Transition To Independent, Investor-Owned Company

    Date 25/03/2002

    The Nasdaq Stock Market, Inc. (Nasdaq®), today announced appointments to two positions that represent significant additions to Nasdaq's operation. Ronald Hassen was appointed Senior Vice President and Corporate Controller. Hassen is responsible for all accounting operations, including external financial reporting, payroll, accounts receivable and billing. He reports directly to David P. Warren, Chief Financial Officer. Paul Warburg was appointed Vice President of Investor Relations and is respon

  • HKFE To Revise HIBOR Futures Contracts

    Date 25/03/2002

    Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), will increase the size of its HIBOR (Hong Kong Interbank Offered Rate) Futures Contracts to five times their current size before the start of trading on 27 May 2002. At the same time, the Exchange and Settlement Fees for HIBOR Futures Contracts will be increased to two-and-a-half times their current level, resulting in an effective reduction of 50 per cent.

  • Eurex Introduces Longer Terms For The Most Liquid Equity Options - Tradable For Up To 60 Months

    Date 25/03/2002

    Eurex, the international derivatives market, has introduced longer maximum terms for the expiration of some equity options and equity index options. With effect from March 18, the derivatives market extended the expiration terms for equity options in Group A from nine months to a maximum of 12 months, from 12 to 24 months in Group B and from 24 to 60 months in Group C. In the case of options on the Nemax 50 index, the maximum lifetime was raised from 24 to 36 months.

  • Botswana Stock Exchange Market Commentary

    Date 25/03/2002

    The market remained virtually flat and continued the sideways pattern of the last few weeks.

  • Botswana Stock Exchange Company News

    Date 25/03/2002

    RDCP - The variable loan stock company reported final results for the year ended 31st December 2001. Turnover increased 28% to P14.3m mostly due to additional rentals earned from the new property developments, which have a 100% occupancy level. Costs went up 23% to P3.1m, while profit from operations increased 30% to P11.2m. Profit after tax jumped from P1.5m to P6.0m mainly due to a surplus arising from the revaluation of properties amounting to P5.2m. International Accounting Standards

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