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  • Chicago Mercantile Exchange Holdings Inc. Board Elects Officers

    Date 24/04/2002

    The Board of Directors of Chicago Mercantile Exchange Holdings Inc. (CME Holdings) and its subsidiary, Chicago Mercantile Exchange Inc. (CME) elected a new Chairman this afternoon. Terrence A. Duffy, previously Vice Chairman, was elected Chairman of the Board during the Board's annual organizational meeting. His term as Chairman, succeeding Scott Gordon, is effective immediately.

  • CBOE Announces Elimination Of Position Limits For Qualified Hedge Strategies

    Date 24/04/2002

    The Chicago Board Options Exchange (CBOE), the world's largest options exchange, today announced that it has eliminated position and exercise limits for certain hedged positions, including hedged Nasdaq-100 Index Tracking Stock (ticker symbol QQQ) option contracts. The eligible positions include many of the most popular hedge strategies, including buy-writes (also called covered calls), reversals, conversions, collars, boxes, and other strategies often used to reduce or eliminate risk. The rule

  • Appointments At Kuala Lumpur Stock Exchange

    Date 24/04/2002

    Kuala Lumpur Stock Exchange (KLSE) would like to announce recent appointments for the KLSE Group which came into effect on 1 March 2002, as follows: Md Nor Ahmad, Deputy President, Exchange Operations Abdul Hamid Sheikh Mohamed, Deputy President, Strategy and Development Y.M. Ungku A Razak Ungku A Rahman, Executive Director, KLSE Technology Sdn Bhd.

  • Amendments To The Listing Of Securities And Disclosure Requirements At Helsinki Exchanges

    Date 24/04/2002

    Helsinki Exchanges has prepared amendments to the stock exchange rules with regard to listing process, conditions for admission to listing and disclosure requirements. A new Listing Committee will make the decisions on the admission of new companies to listing, which are currently made by the Board of Directors of Helsinki Exchanges. The aim is to enhance high quality investor information and to ensure an internationally benchmarked equity capital market.

  • Amendments To HKEx's Articles Of Association Approved By The SFC

    Date 24/04/2002

    Pursuant to section 10 of the Exchanges and Clearing Houses (Merger) Ordinance, the Securities and Futures Commission has, on 22 April 2002 approved the amendments to the Articles of Association of Hong Kong Exchanges and Clearing Limited (HKEx). The amendments have accordingly taken effect from the same date.

  • Philadelphia Stock Exchange Launches Broker-Dealer Access To Its Electronic Trading System

    Date 23/04/2002

    Effective today, the Philadelphia Stock Exchange will accept and execute electronically routed orders from off-floor broker-dealers.

  • New York Stock Exchange Announces 2001 Financial Results

    Date 23/04/2002

    The New York Stock Exchange reported revenue of $884.0 million and net income of $31.8 million in 2001, compared with revenue of $815.3 million and net income of $72.9 million in 2000. Expenses included a $19.0 million charge related to the elimination of 150 floor-reporter positions in the third quarter of 2001 and $5.3 million in contributions to the NYSE Fallen Heroes Fund and Twin Towers Fund in relation to Sept. 11.

  • New CEO For New Zealand Stock Exchange

    Date 23/04/2002

    The New Zealand Stock Exchange has appointed Mark Weldon its new Chief Executive Officer.

  • Nasdaq Welcomes The Bank Of Bermuda

    Date 23/04/2002

    The Nasdaq Stock Market, Inc., today announced that The Bank of Bermuda Limited commenced trading on Nasdaq under the symbol BBDA. The Bank of Bermuda was founded in 1889 and is headquartered in Hamilton, Bermuda. It is a global organization, with a network spanning 15 of the world's key financial and offshore centers.

  • Nasdaq Appoints New Internal Auditor And Administrator - Market Continues To Build Finance Department As It Moves Towards Independent, Investor-Owned Status

    Date 23/04/2002

    The Nasdaq Stock Market, Inc. (Nasdaq®), today announced two significant personnel additions to its internal audit and finance departments. Brian O'Malley was appointed Senior Vice President and Internal Auditor, reporting to the Audit Committee of Nasdaq's Board of Directors and Richard Ketchum, President of Nasdaq. He is responsible for auditing all Nasdaq entities, including The Nasdaq Stock Market, Inc., Nasdaq Europe S.A./N.V and Nasdaq Japan, Inc. Josephine Misyak was appointed Vice Presid

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