Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • ASX and SFE Merger Proposal unaffected by CLERP timetable

    Date 08/06/1999

    Australian Stock Exchange Limited's (ASX) proposal to merge with the Sydney Futures Exchange (SFE) is not in any way subject to the implementation of legislative reform under the Corporate Law Economic Reform Program 6 ("CLERP 6") or any other package of CLERP reforms. Regardless of CLERP 6, the ASX/SFE merger proposal would deliver short and medium term cost savings to market participants resulting from: a single derivatives platform; common clearing and systems processing (from mid 2000); cros

  • Pacific Exchange Names Philip D. DeFeo New CEO - Philip D. DeFeo joined West Coast Mart June 7

    Date 07/06/1999

    The Pacific Exchange (PCX) has named Philip D. DeFeo as its Chief Executive Officer and Chairman of the Executive Committee. Robert M. Greber will remain Chairman of the PCX Board of Governors. DeFeo is a seasoned executive with broad experience in domestic and international financial markets. Most recently, he was President and CEO of Van Eck Associates Group, a diversified global mutual fund and brokerage company specializing in alternative asset classes. Prior to joining Van Eck, he was Exec

  • OM to Create First Independent Power Exchange in Britain

    Date 07/06/1999

    OM, the exchange operator and supplier of trading technology, today announced that it would create a new spot market (Power Exchange) for the trading of electricity in Britain. The Review of Electricity Trading Arrangements (RETA) programme being run by Offer, the electricity market regulator, has expressed an interest in market operators providing a power exchange for the trading of short-term physical electricity once the Electricity Pool of England and Wales is dissolved. The Pool is expected

  • Euro GLOBEX alliance extended to French and Spanish long-term contracts

    Date 07/06/1999

    The cross-trading agreement concluded on 26 June 1998 by French and Spanish derivatives markets within the framework of the Euro GLOBEX® alliance has now been fully implemented, with all products traded by each member market added on. Starting last week, members of MEFF Renta Fija and Matif will thus have direct on-screen access to trading in Matif's 10-year Euro Notional future and MEFF Renta Fija's 10-year Bono future respectively. The first stage of intermarket linkage started in February, wh

  • Botswana Stock Exchange Market Commentary

    Date 06/06/1999

    The market rose strongly and the index ended up 1.8% gain for the week. Volumes were thinly spread across counters, most activity was in Sechaba, which firmed 5t to P5.20 on over 1.1 million shares. BIHL reclaimed its all-time high of P10.15 on 10,973 shares, a rise of 15t. MRIB was the only other gainer of the week closing 3t higher at P1.63 on rather thin volume of only 200 shares. All other stocks traded at the previous week's closing levels.Total volume for the week was 1,144,363 shares valu

  • Minneapolis Wheat Posts Record Daily Trading Volume

    Date 05/06/1999

    Hard red spring wheat futures, traded at the Minneapolis Grain Exchange since 1883, posted record trading volume on June 3. A total of 11,243 contracts exchanged hands, the equivalent of 56,215,000 bushels of wheat. The previous daily record, established on August 12, 1998, was 10,713 contracts. July spring wheat rallied 12 3/4 cents per bushel over the past 4 trading days, closing up 7 1/4 cent at the close of trade June 3rd at USD3.37 3/4 per bushel. "Funds were active covering short positions

  • Eurex Posts Records in Turnover on Wednesday June 2

    Date 05/06/1999

    Eurex posted a record daily turnover on Wednesday June 2 of 2,627,634 contracts which surpassed the previous best of 2,243,220 contracts posted on March 4, 1999. 1,935,624 futures and 1,935,624 contracts were traded on Wednesday. The BUND, BOBL and SHAZ futures contracts posted record volumes of 1,233,568, 439,463 and 143,553 contracts respectively beating previous records of 932,939 (May 6, 1999), 309,812 (May 19, 1999) and 122,273 (May 14, 1999).

  • The New York Stock Exchange Defers Off-Hours Trading Until Second Half 2000

    Date 04/06/1999

    The New York Stock Exchange will defer the implementation of off-hours trading until the second half of 2000, at the earliest, according to NYSE chairman and chief executive officer, Richard A. Grasso. "Very clearly, equities have become a global instrument and extended trading hours will one day be a reality," Mr. Grasso said. "It is equally clear that the introduction of longer hours must be coupled with consumer protection and public trust and confidence in the integrity of the marketplace

  • NYSE Elects 12 to Board of Directors

    Date 04/06/1999

    The New York Stock Exchange membership at its annual meeting on June 3 elected five new directors and re-elected seven current directors to the Exchange's board of directors. The new directors take office immediately and will serve two-year terms on the board, which consists of 12 public members, 12 industry members and two NYSE officers. The new public representative directors are Mel Karmazin, president and chief executive officer of CBS Corporation and H. Carl McCall, comptroller of the St

  • Australian Stock Exchange Ltd ("ASX") and Sydney Futures Exchange Ltd ("SFE") Merger Proposal

    Date 04/06/1999

    The Australian Stock Exchange Limited (ASX) today (June 3) noted the statement to the market by Computershare Limited (CPU) and the Sydney Futures Exchange Limited (SFE). ASX reaffirmed its commitment to the proposal to merge with the Sydney Futures Exchange. The Chairman of ASX, Mr Maurice Newman and Managing Director, Mr Richard Humphry, continue with their direct consultations with SFE members to explain the detail of the ASX merger proposal. They have been greatly encouraged by the response