News Centre

Transatlantic Securities Trading Costs Could Be Cut By Up To 60% - New Report Urges US-EU Accord On Transatlantic Exchange Access

Date 10/12/2002

An expert report published today urges a US-EU accord on transatlantic exchange access to jumpstart integration of the two mammoth securities markets. Such an accord would significantly cut transatlantic trading costs as well as the cost of capital for American and European companies.

RTS Stock Exchange: Order-Driven Market Weekly Data: December 2nd-December 6th

Date 10/12/2002

For the week of December 2nd - December 6th, 2002, securities traded on the Order-driven market 5 802 times. The total turnover on the unified market of two exchanges equaled 1 763 million rubles, with 144 million shares changing hands (last week posted 2 226 million rubles, 215 million traded shares).

RTS Stock Exchange Classic Market Data: December 2nd - December 6th

Date 10/12/2002

For the week of December 2nd - December 6th, 2002, the RTS Index lost 3.22% and closed at 349.52. The RTS Technical Index rose closed 3.21% off at 384.27.

RTS Stock Exchange Bonds Weekly Data: December 2nd-December 6th

Date 10/12/2002

For the week of December 2nd-December 6th, 2002, the total volume on the RTS Bonds, the system facilitating trading of corporate, government, municipal debt, and Eurobonds, increased by 5.6% and reached 673 thousand US dollars. The number of trades rose from 11 to 13.

NYSE Chairman And CEO Dick Grasso Applauds Nomination Of William H. Donaldson As SEC Chairman

Date 10/12/2002

"President Bush has made an outstanding choice in nominating Bill Donaldson as chairman of the Securities and Exchange Commission. Bill has a unique combination of public- and private-sector experience and his achievements as a seasoned and respected business leader, public official and academician are well documented. He is an entrepreneur and true patriot who will bring to the Commission his strong commitment to investor protection as well as his vision of extending the U.S. equities markets'

Nord Pool Chooses OM As Clearing Technology Partner

Date 10/12/2002

Nord Pool's wholly-owned subsidiary, Nordic Electricity Clearing House ASA (NECH), has reached an extensive co-operation agreement with OM for the provision and facility management of OM's SECUR™ clearing system. The agreement is set to run for seven years and means that OM will become the new systems provider for Nord Pool's clearing operations with effect from January 1 2004. Until then Nord Pool will continue to work with Power Clearing Systems AS (PCS).

New Versions Of "RTS Composite Index Calculation Methodology"

Date 10/12/2002

Effective December 17th, 2002, new editions of "RTS Composite Index Calculation Methodology" and "Information Disclosure Guidance" will come into force. The documents were brought in line with the Federal Commission on Securities Market Regulations dated June 7th, 2002, that amend the 'Trade Organizer Requirements" issued on January 4, 2002.

Nasdaq Strongly Supports President Bush's Nomination Of John W. Snow To Serve As Secretary Of The U.S. Treasury

Date 10/12/2002

The Nasdaq Stock Market, Inc. (NASDAQ) today announced its enthusiastic support of President George W. Bush's nomination of John W. Snow to serve as Secretary of the U.S. Treasury.

NASDAQ Joins Corporate Board Member Magazine To Launch Educational Board Governance Series

Date 10/12/2002

The NASDAQ Stock Market, Inc. (NASDAQ®) today announced the launch of a corporate governance educational initiative, the "Board Governance Series." Produced in conjunction with Corporate Board Member magazine, the webcast series features interviews and dialogue between Corporate Board Member and recognized governance experts and board advisory firms who serve as Board Governance Series partners. The webcast series is accessible at multiple website locations, including

Nasdaq Applauds President Bush's Selection Of William Donaldson To Serve As Chairman Of The SEC

Date 10/12/2002

The Nasdaq Stock Market, Inc. (NASDAQ) today applauded President George W. Bush's selection of William Donaldson to serve as Chairman of the Securities and Exchange Commission.