Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • 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

  • Amex Lists Dow Jones Industrial Average MITTS - New $52 Million Issue Offers Investors Exposure to Thirty Blue Chip Stocks Through Single Shares With Downside Protection

    Date 24/06/1999

    The American Stock Exchange ON June 23 began trading Merrill Lynch & Co., Inc. Dow Jones Industrial Average Market Index Target-Term Securities® , or MITTS® . Trading under the ticker symbol MDJ, the new seven-year securities were issued at $10 each. Dow Jones Industrial Average MITTS offer upside participation in the performance of the Dow Jones Industrial Average, along with the assurance that 100% of the principal amount will be returned at maturity on June 26, 2006. If upon maturity the Dow

  • HKFE's Position Limit Rule Approved by SFC

    Date 23/06/1999

    The Hong Kong Futures Exchange (HKFE) said on June 21 that the Securities and Futures Commission (SFC) has approved a new Exchange rule which imposes a client level delta position limit of 10,000 for Hang Seng Index Futures and Options combined. The Exchange will now confer with the SFC to determine the effective date for the new rule. "The Exchange believes a client level position limit is the most effective and direct method to avoid potentially destabilising market conditions that may be rela

  • Osaka Mercantile Exchange - Rubber Weekly

    Date 22/06/1999

    Both OME RSS3 futures and index futures edged down toward the weekend amid growing concerns about ample supplies both in Japan and abroad. RSS3 Futures: Distant month: opening 81.5 yen, a high 81.9 yen (Jun.14), low 80.3 yen (Jun.18), closing 80.3 yen. Rubber Index Futures: Distant month: opening 74.50, a high 74.50 (Jun.14), a low 73.20 (June.18), closing 73.20 points. Despite the start of a new round of Thai government intervention on June 16, the offer prices in the Thai rubber market weakene

  • Osaka Mercantile Exchange - Aluminium Weekly

    Date 22/06/1999

    OME aluminium futures failed to gain toward the weekend in the absence of other bullish factors after the rise in the prices at the beginning of the week following firmer tone in LME. Distant month : opening 168.7 yen, a high 170.6 yen (Jun. 15), a low 167.4 yen (Jun. 17), closing 168.0 yen. On June 15, all contract months rebounded to the 170 yen level reflecting the price-gains in LME and the weaker yen in response to the intervention in the currency market by the Bank Japan. The volume of tra

  • OM Stockholm Exchange - extended opening this autumn

    Date 22/06/1999

    The Board of the OM Stockholm Exchange has decided to extend the hours of Swedish equity trading. From this autumn onwards, the OM Stockholm Exchange will be open for equity and derivatives trading from CET 9:30 a.m. to 5:30 p.m., implying a one-hour extension from the current hours of 10:00 a.m. to 5:00 p.m. This extension is due to several factors, including a rapid increase in retail interest for trading the stock market and a growing non-Swedish interest in the Swedish market.