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NASD Calls On The SEC To Delay Decimalization

Date 07/03/2000

The National Association of Securities Dealers (NASD®) has proposed to the Securities and Exchange Commission (SEC) that it delay implementation of the decimalization of securities markets until 2001. In a March 6 letter to SEC Chairman Arthur Levitt, NASD Chairman and CEO Frank G. Zarb noted, "As you know, the NASD is a strong proponent of the shift to decimals. We believe the change will make the equity markets even more accessible to investors and potentially reduce transaction costs. The C
KFX Index Reaches New High For The 13th Time This Year

Date 07/03/2000

For the 13th time since the beginning of the year and for the 4th consecutive trading day, the KFX Index set a new record. Today, the KFX Index closed at 292.56 - a rise of 14.4 per cent since the beginning of the year. The previous high of 289.74 was reached yesterday.
Amsterdam Exchanges To List Options On Versatel Telecom International N.V.

Date 07/03/2000

On 21 March 2000, Amsterdam Exchanges will introduce options on shares in Versatel Telecom International N.V. The reason for this is the very substantial volume of trading in the security, which already led to these shares, introduced to Amsterdam Exchanges only in 1999, being admitted to the Amsterdam Midkap index in February 2000.
The Tel Aviv Stock Exchange To Launch The Tel-Tech Index

Date 06/03/2000

The Tel Aviv Stock Exchange announced that it would launch Tel-Tech, a new index for high-tech listed companies, on April 2.
The Stock Exchange Of Hong Kong Becomes Subsidiary Of Hong Kong Exchanges And Clearing Limited

Date 06/03/2000

The Stock Exchange of Hong Kong (SEHK) today (Monday) became a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) together with the Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company.

The Merger Proposals For The Hong Kong Stock And Futures Exchanges And The Clearing Houses Take Effect

Date 06/03/2000

Hong Kong Exchanges and Clearing Limited (HKEx) announced that the Stock Exchange of Hong Kong Limited, the Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company have become its wholly owned subsidiaries effective today (Monday) under the Schemes of Arrangements of the exchanges and the Exchanges and Clearing Houses (Merger) Ordinance.
The KFX Index Reach Yet Another High

Date 06/03/2000

Today, the KFX Index set its third record in succession. The KFX Index closed the day at 289.74 - 263 basis points higher than last Friday, which recorded in 287.11.
Palestine Securities Exchange Sees Significant Growth During January And February

Date 06/03/2000

The Palestine Securities Exchange has witnessed significant growth records during the months of January and February of 2000 compared to the same period in 1999. The growth percentages in volume of shares traded, turnover value, number of transactions, and number of sessions were 1394% , 674%, and 147% respectively, moreover the market capitalization growth percentage was 56%.
Hong Kong Futures Exchange Becomes A Subsidiary Of Hong Kong Exchanges And Clearing Limited

Date 06/03/2000

The Hong Kong Futures Exchange (HKFE) today (Monday) became a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) together with The Stock Exchange of Hong Kong and Hong Kong Securities Clearing Company.
Hong Kong Exchanges Starts A New Chapter Following Completion Of Merger

Date 06/03/2000

The larger scale of resources and performance-driven orientation of Hong Kong Exchanges and Clearing Limited (HKEx) will increase the company's competitiveness and will give it greater leverage and appeal in the forming of strategic partnerships with leading international exchanges, to serve global investors and issuers.