Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Johannesburg Stock Exchange and Stock Exchange of Mauritius Sign Memorandum of Understanding

    Date 11/06/1999

    At the conclusion of the quarterly meeting of the South African Development Community (SADC) Committee of Stock Exchanges held in Mauritius on June 10, the JSE and the Stock Exchange of Mauritius (SEM), signed a Memorandum of Understanding (MOU). This agreement signals a further development between the JSE and its SADC neighbours aimed not only at strengthening the relationship between the two exchanges but also the SADC region.

  • ASX Announces Revised $260 million SFE Merger Proposal

    Date 11/06/1999

    Key Points: ASX boosts offer price for SFE by $50 million; Revised purchase price is $260 million, including surplus SFE cash of $70 million; The offer comprises $210 million in cash plus 5 million ASX shares; Merger remains subject to approvals, including by SFE members and the ACCC; Compared with the original proposal, ASX's revised offer proposes an increased proportional entitlement to Local, Associate and Temporary-local members of SFE, as well as an increased overall quantum; The revised p

  • Toronto Stock Exchange Members Overwhelmingly Support Demutualization And Realignment Plans

    Date 10/06/1999

    The members of the Toronto Stock Exchange today (June 10) approved demutualization of the exchange and the realignment of the Canadian stock exchanges. Both motions were supported by the overwhelming majority of the exchange's 99 members at the exchange's annual and special meetings of members held at the TSE Conference Centre today. The new demutualized structure of the Exchange will allow the TSE to respond quickly and decisively, based on sound business principles and accountability to share

  • MEFF Holding trades 1,148,187 contracts in May

    Date 10/06/1999

    MEFF Holding trading volume in May reached 1,148,187 contracts, an average daily volume of 54,675 contracts. MEFF Renta Fija traded 333,570 contracts in May. Daily volume stood at 15,884 contracts, and average daily nominal turnover for the year to date is EUR1,897 million (ESP314,902 million). Open interest at the end of May was 26,163 contracts. MEFF Renta Variable traded 814,617 contracts in May. Average daily volume during the month was 38,791 contracts , and the average daily nominal turnov

  • LIFFE re-launches Bund Contract with reduced coupon

    Date 10/06/1999

    The London International Financial Futures and Options Exchange (LIFFE) today (June 10, 1999) announced that it will re-launch its German Government Bond (Bund) futures contract on 17 June 1999 with a 4% notional coupon (reduced from 6%). This will be effective for the September 1999 delivery month onwards. The current 6% notional coupon no longer reflects prevailing yields, and has resulted in technical shortages of key deliverable stocks and a reduction in hedging efficiency. The new 4% notio

  • CME's Nasdaq 100®, Russell 2000® Futures Notch Record Open Interest - as Russell 2000 Trades Record Daily Volume

    Date 10/06/1999

    Open interest in two equity indexes traded on the Chicago Mercantile Exchange (CME) reached new highs at the close of trading yesterday following record daily trading volume in one of the indexes. Russell 2000 index futures set new records in both measurements, with open interest standing at 17,624 as volume reached a record 5,878. Nasdaq 100 Index futures set a new open interest high at 26,574. "Equity index futures and options are among the Merc's most successful and popular product lines, wit

  • CME Lean Hog Volume Hits New Daily High

    Date 10/06/1999

    Volume in futures on lean hogs traded at the Chicago Mercantile Exchange (CME) set a new record yesterday of 17,529. The previous record was set on December 14, 1998, with 17,435 contracts traded. Average daily volume is 9,763 year-to-date. Each lean hog contract represents 40,000 pounds of 170 to 191 pound dressed hogs and are 51 percent to 52 percent lean. The CME introduced the successful lean hog contract in 1995 in response to customer demand to have a contract that better reflected the pri

  • The Copenhagen Stock Exchange postpones the start of the joint market until 21 June

    Date 09/06/1999

    The Copenhagen Stock Exchange has decided to postpone the start of the joint market with OM Stockholm Exchange (NOREX) until 21 June 1999. The decision is due to the fact that Danish members, who account for a significant share of the trading on the Copenhagen Stock Exchange, will not be ready by 11 June. This means that the press meeting on June 11 in Stockholm, Copenhagen and on Bornholm is postponed.

  • London Stock Exchange Transaction Survey Shows Foreign Investment Increasing

    Date 09/06/1999

    London's equity market is attracting more foreign investors - with the biggest increase coming from US institutions trading European equities - according to figures released by the London Stock Exchange on June 9. The survey of London Stock Exchange Transactions shows that the proportion of deals in UK stocks conducted on behalf of foreign clients rose to 36 per cent (by value) in November 1998 from 20 per cent in 1996.

  • GEM offers unique attractions to Silicon Valley companies

    Date 09/06/1999

    The Growth Enterprise Market, GEM, offers some unique opportunities to Silicon Valley companies, according to Alec Tsui, Chief Executive of the Stock Exchange of Hong Kong. Mr Tsui was speaking on Tuesday, June 8 at the Hong Kong Night in San Francisco, California. The conference was organised by the Hong Kong Economic and Trade Office in San Francisco and the Hong Kong Industrial Technology Centre. He stressed that GEM was not a second tier market, or a training market where companies could pre