FTSE Mondo Visione Exchanges Index:
News Centre
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Date 26/03/1999
Change in Trading Hours for Warsaw Stock Exchange WIG20 and USD Futures Contracts
Starting from April 12, continuous trading in the WIG20 futures and USD futures on the Warsaw Stock Exchange derivatives market will be from 11:45 to 13:00. This change will make it possible to trade futures contracts from the time the WIG20 index value in the single-price auction has been determined for a given day.
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Date 25/03/1999
Toronto Stock Exchange encourages use of electronic communications for disclosure
The Toronto Stock Exchange today released guidelines for the use of electronic communications by listed companies. The guidelines support existing TSE disclosure rules and policies. The proposed guidelines were issued for comment in August 1998, which was followed by a public consultation period generating more than 20 submissions. The public comments resulted in no changes to the substance of the guidelines.
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Date 25/03/1999
Tel Aviv Stock Exchange Trading Goes On-Line
The Tel Aviv Stock Exchange announced that it commenced on-line trading in stocks. After receiving the Exchange's approval last month, the first two non-bank member firms are enabling their customers to send buy and sell orders via the Internet.
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Date 25/03/1999
SEBI orders Bombay Stock Exchange President to Resign
The Securities and Exchange Board of India (SEBI) has directed Jasvantlal C Parekh to relinquish the office of president of the Bombay Stock Exchange. The order was passed by SEBI chairman D R Mehta on March 23. The directive states that Parekh has also been made ineligible to hold any public position in future as a member of the governing board or as an office-bearer of the exchange as well as any capital market-related public institution for three years.
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Date 25/03/1999
LIFFE Appoints Equant As Global Network Partner
The London International Financial Futures and Options Exchange (LIFFE) has signed a three-year USD8.5 million contract with Equant to provide the Exchange with an Internet Protocol (IP) based global network infrastructure. This is in response to member demand for global access to its new world-leading electronic trading platform, LIFFE CONNECTâ„¢ and will enable LIFFE members to connect directly to it from, potentially, any financial centre in the world.
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Date 25/03/1999
Jonathan Howell Appointed to the LSE Board
Mr. Jonathan Howell, Head of Market Regulation and a member of the Management Committee of the London Stock Exchange, was today appointed to the Exchange's Board.
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Date 25/03/1999
IPE Welcomes New Board Director
At the IPE's Board meeting of March 23, Karel Harbour, Deputy Chief Executive of GNI was co-opted as a Director. Mr Harbour's appointment fills the vacancy created by Richard Reinert's resignation earlier this year.
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Date 25/03/1999
CFTC Approves NYMEX Aluminium Futures and Options
The Commodity Futures Trading Commission (CFTC) on March 24 approved the New York Mercantile Exchange's application to trade aluminium futures and options contracts.
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Date 24/03/1999
Project A Trades for First Time Directly From Tokyo
Continuing its global expansion, the Chicago Board of Trade announced on March 23 that the first-ever trade from Tokyo on the exchange's electronic system, Project A, was executed last night (March 22) at 18:02 Chicago time, 09:02 Tuesday March 23 in Tokyo. The trade was made from CBOT member firm Morgan Stanley, the first firm to place a Project A workstation in Asia.
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Date 24/03/1999
IPE Considers Its Future
The Board of Directors of the IPE on Tuesday March 23 reviewed the future of the Exchange. The IPE is currently in discussions with a number of large and well-respected companies involved in the European energy business, with a view to those companies offering to acquire a large stake in the Exchange. This could follow the conversion of the IPE into a company limited by shares. The IPE is also in discussions with NYMEX, the New York Mercantile Exchange, about a possible merger. The Board agreed
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