Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • CBOT Members Vote in Favor of Alliance with Eurex

    Date 25/06/1999

    Eurex, the German-Swiss derivatives exchange, welcomes the result of the vote by CBOT members, which is an expression of the desire to continue the alliance between the world's two largest exchanges, it said. Joint utilization of the Eurex electronic trading system will form a direct link between the two markets. Eurex is convinced that the alliance of Eurex and CBOT will be for the benefit of the exchanges and their market participants. Eurex CEO Dr. Jörg Franke said: "I'm happy about the favo

  • Botswana Stock Exchange Market Commentary

    Date 25/06/1999

    The market surged through the 1,000-point barrier to a record high of 1009.62 points. BIHL and Barclays carried the banner for the theme of record highs when both picked 10t to P10.50 and P4.70 respectively, albeit on light volume. Their bids also closed the week firmer at P10.75 for BIHL and P4.90 for Barclays whose sellers are a rare find. The wholesaler METSEF advanced 20t to reach P5.25 on 10,000 shares. FNBB countered the week's gains as it shed 50t to P17.50 on 1,500 shares. Engen saw a bl

  • TSE Announces Year-End Trading Hours

    Date 24/06/1999

    At its meeting this week, the Toronto Stock Exchange Board approved a 1 p.m. Eastern Time closing for Friday, December 31, 1999. TSE Senior Vice President and Chief Financial Officer Adam Conyers said, "The TSE is showing prudent management practices. The change in hours allows securities firms to make an early start on processing year-end transactions." The TSE will reopen again for trading on Tuesday, January 4, 2000.

  • NASD's Frank Zarb Asks Securities Industry to Embrace Change- Presents "The Coming Global Digital Stock Market" at the National Press Club

    Date 24/06/1999

    Frank G. Zarb, chairman and chief executive officer of the National Association of Securities Dealers, Inc. (NASD®) and The Nasdaq-Amex Market GroupSM, presented his vision for the future of stock markets at the National Press Club on June 23, stating that "A next-generation stock market is needed to meet needs of investors and listed companies in the Internet age for an improved system of exchanging stock." "A next generation of stock markets is needed to fulfill global capital formation and l

  • LIFFE to launch eight new Individual Equity share options

    Date 24/06/1999

    The London International Financial Futures and Options Exchange (LIFFE) has announced that it will increase its range of UK equity options by more than 10% by listing eight new individual equity options from Monday 5th July 1999. The new options will be traded on LIFFE's electronic trading system LIFFE CONNECT™, joining LIFFE's current 74 individual equity options which have been trading on LIFFE CONNECT™ since their migration from floor to screen trading on 30 November 1998. LIFFE's individua

  • IPE Early Closing - July 2 and July 5

    Date 24/06/1999

    The closing procedure for each contract will be as follows: Gas Oil futures: Commence closing at 17:16; Close/Tidying up 17:24-17:27; Cease Trading at 17:27. Brent Crude futures: Commence closing at 17:23; Close/Tidying up 17:28-17:30; Cease Trading at 17:30. Options - as for the underlying contracts. Natural Gas - no change to normal hours.

  • Eurex Is Number One Trading Place for European Equity Derivatives- One year of STOXX derivatives at Eurex

    Date 24/06/1999

    One year after trading was launched in derivatives on the Dow Jones STOXX indices in the middle of June last year, Eurex, the German-Swiss derivatives market, has developed into the main European trading place for these products: 99 percent of all derivatives products on these new equity indices are now traded at Eurex. At the same time, the underlying indices have also advanced to become the leading indices in the European competition: The STOXX indices account for about 95 percent of the deriv

  • CME Members Approve Transfer Of Deutsche Mark Futures To GLOBEX®2

    Date 24/06/1999

    Members of the Chicago Mercantile Exchange (CME) voted overwhelmingly today to transfer trading in the Deutsche mark futures contract onto the exchange's GLOBEX2 electronic trading system during regular trading hours. The move reflects the continuing shift in world currency markets triggered by European Economic and Monetary Union (EMU). The vote, weighted based on membership divisions, with nearly 91 percent in favor of the proposal, authorizes the CME Board of Directors to transfer to GLOBEX2

  • CBOE Lists TARGETS on MCI Worldcom, Inc. (WCOM)

    Date 24/06/1999

    The Chicago Board Options Exchange (CBOE) today began trading a new three year issue of Targeted Growth Enhanced Terms Securities (TARGETS®), a hybrid security whose value is linked to MCI Worldcom common stock (WCOM). Trading under the symbol TWL, the securities were priced at $11.7656, equal to 1/8th of yesterday's closing price of WCOM. Total proceeds of the offering, which was underwritten by Salomon Smith Barney, amounted to $65,887,500. "TWL is another example of the growing demand for s

  • Bloomberg and ASX Build Global Order Routing Network

    Date 24/06/1999

    ASX and Bloomberg Financial Markets Commodities News today unveiled plans for a global order routing interface designed to enhance the ease and speed with which international market practitioners can access the market. In practical terms, participants in ASX's markets will begin to see Bloomberg information screens with the functionality of a SEATS screen (Stock Exchange Automated Trading System). The SEATS-equivalent "Enquiry" and "Trading" functionality will be authorised to users at ASX brok