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  • New York Mercantile Exchange To Base Certain enymex sm Contracts On Platts Benchmarks

    Date 13/11/2000

    The New York Mercantile Exchange, the world’s largest physical commodity exchange, and Platts, the world's premier energy market information service, have signed a letter of intent for Platts pricing benchmarks to be used in enymex sm contracts for crude oil, refined oil products, natural gas, electricity, and metals.

  • New System’s Sale – OM Technology Sells POMAX Customer To Enita AS

    Date 13/11/2000

    OM Technology and Enita - a Norwegian Application Service Provider which delivers complete network-based applications and operations services to the power industry - have signed an agreement for the delivery of OM Technology’s POMAX Customer-system. Enita is 100 percent owned by Trondheim Energiverk. Trondheim Energiverk expects the system to go operational during the autumn of 2001. The order is estimated to have a value of SEK 46 million. .

  • Magic Comes To Tel Aviv

    Date 13/11/2000

    The Tel Aviv Stock Exchange announced that Magic Software Enterprises Ltd. (Nasdaq: MGIC) will begin trading on the TASE this week. Magic is the first U.S.-traded company to take advantage of the new liberal regulatory framework of the dual-listing law.

  • CME Becomes A For-Profit Corporation

    Date 13/11/2000

    Chicago Mercantile Exchange today became the first U.S. financial exchange to demutualize by converting its membership interests into shares of common stock that can trade separately from exchange trading privileges. The exchange became Chicago Mercantile Exchange Inc. (CME) as it finalized its transformation from a not-for-profit, membership-owned organization to a for-profit, shareholder-owned corporation.

  • Clarification Of OM’s Costs For The LSE Offer

    Date 13/11/2000

    To clarify recent reports in a Swedish newspaper, OM would like to emphasise that the costs involved in OM's recent offer to the shareholders of LSE will not exceed SEK 100 million.