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Amendments To The Stock Exchange Of Hong Kong Listing Rules Concerning Mutual Funds, Unit Trusts And Open-ended Investment Companies

Date 01/06/2000

The Stock Exchange of Hong Kong is pleased to announce that the Exchange Listing Rules have been amended to provide for the following changes in respect of mutual funds, unit trusts and open-ended investment companies:-
Seven Nasdaq Stocks Begin Trading on The Stock Exchange of Hong Kong Pilot Program - Amgen, Applied Materials, Cisco, Dell, Intel, Microsoft, Starbucks

Date 31/05/2000

The Nasdaq Stock Market® (Nasdaq®) and Hong Kong Exchanges and Clearing Ltd. (HKEx) today announced the beginning of a pilot program to quote and trade seven Nasdaq stocks in Hong Kong. The seven stocks include some of the largest Nasdaq stocks with strong business interests in Asia, as follows: Amgen, Applied Materials, Cisco, Dell, Intel, Microsoft, Starbucks.
Nymex To Increase Electricity Margins

Date 31/05/2000

The New York Mercantile Exchange will raise the margins on its California/Oregon border and Palo Verde electricity futures and on the July and August 2000 Cinergy, Entergy, and Pennsylvania/New Jersey/Maryland electricity futures contracts as of the close of business today.
Nasdaq Sets Record For Greatest One-day Percentage Gain - Second Greatest One-day Point Gain Also Established

Date 31/05/2000

The Nasdaq Stock Market® yesterday had its largest one-day percentage increase ever, with preliminary figures showing the Nasdaq Composite® Index rising 7.94 percent - up 254.37 points to 3459.48. The previous one-day percentage increase record was set on October 21, 1987 with the Composite Index rising 7.34 percent. The Composite's 254.37 point increase was also its second greatest one-day point gain ever.
Market Making In Icelandic Government Bonds Increased Transparency In The Bond Market June-December 2000

Date 31/05/2000

In order to increase transparency and enhance market making in the secondary market the Minister of Finance has assigned the National Debt Management Agency (NDMA) the task of offering Market Making Agreements to market participants. Under this agreement Market Makers will be paid a fixed commission based on the transaction volume they initiate on the Icelandic Stock Exchange. In addition the NDMA will appoint the Market Makers as Authorised Dealers in Icelandic Government Bonds. Under the agree

Kansas City Board Of Trade Names Bob Petersen To Head Exchange

Date 31/05/2000

The Kansas City Board of Trade has hired Bob Petersen as its new president.
HKEx Shareholders Approved Resolutions At EGM

Date 31/05/2000

Hong Kong Exchanges and Clearing held an Extraordinary General Meeting today (Wednesday) and shareholders approved the following resolutions:
Dresdner Kleinwort Benson - New Member Of The Copenhagen Stock Exchange

Date 31/05/2000

The Copenhagen Stock Exchange has approved Dresdner Kleinwort Benson as a new member. The new member commences trading on 2 June 2000.
CBOT, CME Respond To Commodity Exchange Act Legislation Introduced By Ewing

Date 31/05/2000

The Chicago Mercantile Exchange (CME) and Chicago Board of Trade (CBOT) issued the following statement in response to the introduction of Rep. Thomas Ewing's (R-IL) bill, H.R. 4541, amending the Commodity Exchange Act (CEA):
The Tel Aviv Stock Exchange Announces The TA Banking Index

Date 30/05/2000

The Tel Aviv Stock Exchange announced that on June 1, 2000,it would introduce the TA Banking Index. The index will track the performance of the five TASE-listed bank shares with the highest market capitalization. The Exchange also decided to launch options and futures contracts on the new index. Trading in the TA Banking Index derivatives will begin after the start of trading in new derivatives on the TA 75 Index, which is expected shortly.