Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Stock Exchange of Hong Kong Council accepts resignation of Tim Lewis

    Date 16/06/1999

    The Council of the Stock Exchange of Hong Kong on Monday June 14 accepted the resignation of Mr Tim Lewis. Mr Lewis offered his resignation on personal grounds. Mr Andrew Lo Tak Shing will replace Mr Lewis as Deputy Convenor of the Council's Finance Committee. Mr. Lewis will remain as a member of the Council's Listing Committee.

  • Stock Exchange of Hong Kong Action against Chan Yuen Yee

    Date 16/06/1999

    The Securities and Futures Commission ("SFC") and The Stock Exchange of Hong Kong Limited ("the Exchange") jointly announce today (Tuesday) that they have taken action against Ms Chan Yuen Yee ("Ms Chan") trading as Tai Shing Stock Investment Company, a securities dealer and a Member of the Exchange. This action stemmed from an investigation by the SFC during 1993 to 1995 which revealed that: Ms Chan's dealer's representatives used various nominee accounts at Ms Chan's business to conduct tradin

  • Prague Stock Exchange Transition of the Trading and Settlement System to Year 2000 was successfully tested

    Date 16/06/1999

    Tests for definitive confirmation of problem-free transition of the Prague Stock Exchange to Year 2000 were successfully finished on June 12. Besides the Stock Exchange and Univyc, 33 Exchange members, majority of Univyc members, makers of trading systems for the PSE members and information agencies participated in these tests. Tests

  • No Comment From SFE Regarding New ASX Offer

    Date 16/06/1999

    The Board of the Sydney Futures Exchange Limited announced on June 15 that it would not make any statement regarding the recently revised offer from the Australian Stock Exchange Limited, until further notice.

  • NASD and Japan's Softbank Agree to Create Nasdaq-Japan Electronic Stock Market Targeted to Open Fourth Quarter 2000

    Date 16/06/1999

    The National Association of Securities Dealers, Inc. (NASD®), have signed an agreement in Tokyo with Softbank Corporation, jointly capitalizing a new company-Nasdaq-Japan-that will plan the development and implementation of a new electronic stock market in Japan, which is targeted to begin operating in the fourth quarter of 2000. Nasdaq-Japan will be built upon The Nasdaq Stock Market® screen-based approach to trading equity securities and will include the Internet as a key conduit to provide

  • Iceland Central Bank raises interest rates

    Date 16/06/1999

    The Central Bank of Iceland has decided to raise its interest rates by 0,5% as of 21 June. The repo rates at its weekly auction next Monday will then be fixed at 8,4% instead of 7,9%.

  • Deutsche Börse Launches Neuer Markt Blue Chip Index on July 1

    Date 16/06/1999

    Deutsche Börse AG is launching the Neuer Markt Blue Chip Index on July 1. The index comprises the top 50 companies in the Neuer Markt. Analogous to the other Deutsche Börse indices, the selection criteria on which the index composition is based are market capitalization and share turnover. German as well as foreign companies can be included in the index. To be included in the index, a company has to rank among the top 60 Neuer Markt companies in terms of share turnover and market capitalization

  • Deutsche Börse Announces SDAX® Composition

    Date 16/06/1999

    Deutsche Börse has announced the composition of the SDAX. The SDAX will be launched on June 21 and comprises the top 100 German companies in the SMAX quality segment. The segment now has a total of 104 companies with a market capitalization of just under 20 billion EURO. The SDAX rounds out the DAX family of Deutsche Börse indices: in addition to the 30 blue-chip stocks in the DAX and the 70 companies in the MDAX (mid-cap DAX), the SDAX completes the index family with 100 small and medium-sized

  • CBOE Announces Board Approval of Strategic Plan to Include Screen-Based Trading

    Date 16/06/1999

    The Chicago Board Options Exchange (CBOE) announced today that its board of directors approved a comprehensive strategic plan recommended by CBOE's Strategy Task Force. CBOE formed its Strategy Task Force earlier this year with the mandate to reexamine the Exchange's competitive strategy in light of sweeping industry-wide changes fueled by new technology, new competitors, and, in large measure, by the very success of CBOE itself. "Today CBOE competes not only against other options exchanges, but

  • ASX Derivatives Clearing System Goes Live

    Date 16/06/1999

    The Australian Stock Exchange has completed the implementation of a new state-of-the-art derivatives clearing system (DCS). "Using new technology, ASX is constantly re-engineering its market capacity and flexibility," said ASX Managing Director Richard Humphry. "DCS was completed on time and under budget. It offers an open-interface with brokers; clearing participants have control of their own data bases; and the system offers the opportunity for other software suppliers to participate." He note