FTSE Mondo Visione Exchanges Index:

News Centre

News

ASX Develops Electronic Settlement for IPO's

Date 09/09/1999

Telstra has agreed to be the first company to use a new electronic facility, developed by Australian Stock Exchange (ASX), to settle and process the institutional and broker firm component of a public float.
SFE Member Group Rejects Computershare Bid

Date 08/09/1999

The Sydney Futures Exchange (SFE) has this afternoon (September 3) received correspondence from Gresham Partners, which acts for a group of SFE Floor Members, advising that the members of the group do not intend to support the Computershare (CPU) proposal to acquire 50% of SFE for A$130 million.
Salvatore F. Sodano Is Elected Chairman and Chief Executive Officer of the American Stock Exchange

Date 08/09/1999

The National Association of Securities Dealers, Inc. (NASD®) and the Board of Governors of the American Stock Exchange LLC announced today that Salvatore F. Sodano has been elected Chairman and Chief Executive Officer of the American Stock Exchange, effective immediately. In this role, Sodano joins the NASD Board of Governors and will continue to serve as the NASD's Chief Operating Officer.
Pacific Exchange Board Approves Demutualization Plan

Date 08/09/1999

The Pacific Exchange (PCX) has become the first U.S. securities market to move formally toward a for-profit, corporate structure. A proposal approved by its Board of Governors demutualizes the Exchange's equities business and reorganizes it as a wholly owned corporate subsidiary. The proposal requires approval from PCX members and from the Securities and Exchange Commission, which is expected later this year.
Osaka Mercantile RSS3 Futures/Rubber Index Futures Weekly Report

Date 08/09/1999

RSS3 Futures: Distant month: opening 69.8 yen, a high 73.0 yen (Aug. 31), low 69.8 yen (Aug. 30), closing 70.7 yen. Rubber Index Futures: Distant month: opening 64.50, a high 66.85 (Aug. 31), a low 64.50 (Aug. 30), closing 65.60 points.

Osaka Mercantile Exchange RSS3 Futures and Rubber Index Futures Monthly Report

Date 08/09/1999

On August 2, amid the season with the poorest demand of a year in both Japan and overseas, the rubber futures market was mostly unchanged at the open (spot month: \55.6 distant month: \67.0) with players staying on the sidelines in the absence of encouraging factors. Later, the prices in the producing countries edged up on the tight supply and on the news of Chinese buying. With this factor, the prices at OME advanced (spot month: \60.80 distant month: \73.40) on covering by funds and bargain hu
Osaka Mercantile Exchange Aluminium Futures Weekly Report

Date 08/09/1999

This week, OME aluminium futures fluctuated within a narrow range with players staying on the sidelines as some bullish factors were offset by a bearish factor.
Osaka Mercantile Exchange Aluminium Futures Monthly Report

Date 08/09/1999

On August 2, despite the yen's gain and the easier tone in LME, distant month opened higher at 167.1 yen on short-covering as players grew cautious of the lower level. On August 5, distant month advanced further to 172.1 yen in line with LME three-months aluminium which rallied immediately after falling below the $1,400 level. All contract months rose over the 170 yen level. On August 10, distant month surged to 175.4 yen on buying interest amid the upturn in Asian aluminium demand.
Introduction Of Block Trading & Revision of All-Or-None Trading on SIMEX

Date 08/09/1999

Effective 15 September 1999, SIMEX will introduce Block Trading (BT) for its MSCI Taiwan stock index futures, with one block size equivalent to 10 lots. Block trading allows transactions with a size at a specified multiple of the ordinary trading unit size in the regular market to be executed in its entirety at a single price. This move facilitates large-order execution with greater price efficiency, as the number of separate fills for institutional orders would be cut down significantly and ord
Computershare Withdraws Proposal For SFE

Date 08/09/1999

The Sydney Futures Exchange (SFE) has today received from Computershare Limited (CPU) advice that it has withdrawn its proposal to acquire 50% of SFE.