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CME Expects Favorable IRS Tax Ruling Very Shortly
Date 24/10/2000
October 24, 2000 To All Members: We are very pleased to report that we expect to receive a favorable tax ruling from the Internal Revenue Service (IRS) very shortly. The ruling, which is in the final stages of preparation, will confirm that the conversion of memberships into shares of a for-profit corporation will qualify for tax-free treatment.
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Broadcom Corporation, Inc. To Join The Nasdaq-100 Index Beginning October 30, 2000
Date 24/10/2000
Broadcom Corporation (Nasdaq:BRCM), of Irvine, California, will become a component of the Nasdaq-100 Index®, effective at the beginning of trading Monday, October 30, 2000. Class A Shares of Broadcom will also be included in the Nasdaq-100 Index Tracking StockSM (Amex:QQQ). Broadcom will replace Lycos, Inc. (LCOS), which is being acquired by Terra Networks, S.A. (Nasdaq:TRRA).
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The Stock Exchange Of Hong Kong: Acceptance Of International Accounting Standards (IAS) And Generally Accepted Accounting Principles In The United States Of America (US GAAP)
Date 23/10/2000
The Stock Exchange of Hong Kong (The Exchange) proposes to amend the Exchange Listing Rules of the Main Board:- to allow listed issuers and listing applicants, which have or are to have a primary listing on the Exchange, to adopt IAS; and to allow overseas-incorporated listed issuers and listing applicants, which have or are to have a secondary listing on the Exchange, to adopt US GAAP.
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SWX And Tradepoint Sign Cooperation Agreement
Date 23/10/2000
On 20 October 2000, the SWX Swiss Exchange, Tradepoint and the Tradepoint consortium signed in Zurich the set of agreements that will result in the creation of virt-x, the first pan-European blue-chip stock exchange. The new orientation of Tradepoint requires that approval be granted at the extraordinary general meeting of Tradepoint shareholders to be held in mid-November.
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SFE Shares To List On Austock Market
Date 23/10/2000
Shares in the Sydney Futures Exchange (SFE) will be listed for trading on the Austock-conducted exempt market on Wednesday, 1 November 2000.
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Euronext Launches New European Equity Options
Date 23/10/2000
Euronext expands its range of equity options, adding 11 European companies for trading in Paris. All are components of the Dow Jones Euro STOXX 50SM index.
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Botswana Stock Exchange Market Commentary
Date 23/10/2000
The market kept shape reasonably well after last week's fallout to record a 0.2% gain for the week on good volumes from all the major counters.
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Ariba, Inc., Inc. To Join The Nasdaq-100 Index Beginning October 27, 2000
Date 23/10/2000
Ariba, Inc. (Nasdaq:ARBA), of Mountain View, California, will become a component of the Nasdaq-100 Index®, effective at the beginning of trading Friday, October 27, 2000. Shares of Ariba will also be included in the Nasdaq-100 Index Tracking StockSM (Amex:QQQ). Ariba will replace NTL Incorporated (NTLI), which is delisting from The Nasdaq Stock Market®.
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Trading Of Alcatel Optronics Tracking Stock Commences on Nasdaq
Date 20/10/2000
The Nasdaq Stock Market® announced that shares tracking Alcatel Optronics, the Paris-based division of Alcatel, began trading today under the symbol ALAO. The tracking stock also began trading on the Premier Marché de ParisBourse, France. It is the most recent addition to a growing list of new issues that have joined Nasdaq® this year.
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Six Companies Join Roster Of NYSE-Listed Stocks
Date 20/10/2000
In the week ended today, six companies joined the ranks of New York Stock Exchange-listed companies.
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