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  • Eurex Launches Options And Futures On Nemax 50 - Expanded Product Line For Neuer Markt - Small Contract Size For Retail Market

    Date 15/05/2000

    Eurex, the European derivatives market, is launching options and futures on the Neuer Markt blue-chip index, the Nemax 50, on June 19, 2000. With these new products on the benchmark index for the fastest-growing cash market in Europe, Eurex is taking the high performance of Deutsche Börse's high-tech segment into account.

  • The Tax Authority Refunds Additional VAT to OM

    Date 12/05/2000

    In a press release dated 3 April 2000, OM provided information that stock market trading is exempted from VAT and that VAT paid during the period 1995-1998 will be refunded. The Tax Authority in Stockholm County has now decided that VAT will also be refunded in respect of the period 1 January 1999 to 29 February 2000. The refund will have a positive effect on profits of approximately SEK 40 million.

  • Speech By Chairman Of The Board Dr. Jörg Fischer To The AGM Of The SWX Swiss Exchange

    Date 12/05/2000

    Ladies and gentlemen, two things are different today than they were at previous annual general meetings. For one, this is the first time that we are actually a general meeting of owners. Since last year, also non-Members have been granted admission to the SWX Swiss Exchange. In contrast to those participants, however, we - the association members gathered here today - are the enfranchised owners of the Exchange

  • Nymex Board Receives SEC Approval For Demutualization

    Date 12/05/2000

    The New York Mercantile Exchange received approval today from the Securities and Exchange Commission (SEC) on its plan to convert the Exchange from a not-for-profit membership structure to a for-profit organization.

  • Kuala Lumpur Stock Exchange Announces Greater Transparency For Public Listed Companies' Internal Controls

    Date 12/05/2000

    The Kuala Lumpur Stock Exchange (KLSE) yesterday announced the establishment of a Taskforce on Internal Controls responsible for the formulation and issuance of the guidance to assist public listed companies report the state of their internal controls in their annual reports.