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  • Copenhagen Stock Exchange: New Tick-Sizes

    Date 22/12/2000

    On 2 January 2001, the tick sizes, i.e. the minimum price movement, for the listed shares will be reduced. This is an element in our endeavours to improve the quality of the equity market as well as the continued harmonisation process within the NOREX Alliance.

  • Copenhagen Stock Exchange: New Market Conventions And Principles Of Yield Calculation

    Date 22/12/2000

    As announced earlier - in Briefing no. 74, among other things - the market conventions governing calculation of accrued interest and true yields, etc will be changed with effect from 8 February 2001. At the same time, the mortgage banks will switch to mathematical drawing, so that all investors will have the same relative share of their holdings drawn corresponding to the drawing percentage rounded to the nearest amount of øre (generally 1/100 currency units). As a consequence of the new dr

  • Copenhagen Stock Exchange: Evening Trading Starts At Helsinki Exchanges

    Date 22/12/2000

    Evening trading starts at Helsinki Exchanges on 11 April. As previously, continuous trading will end at 6 pm at which time the official closing prices for the day are confirmed. Evening trading will start after a brief break and last until 9 pm.

  • Copenhagen Stock Exchange: Analysis Of The Order Depth Of The Trading System

    Date 22/12/2000

    The value of orders for KFX shares in the Copenhagen Stock Exchange's trading system has doubled from July 1999 to October 2000, concludes a new study conducted by Associate Professor Carsten Tanggaard, the Aarhus Business School. The average order depth for the KFX shares was DKK 24 million in October 2000, up from DKK 12 million in July 1999.

  • The American Stock Exchange Issues Statement Honoring SEC Chairman Levitt

    Date 21/12/2000

    The American Stock Exchange® (Amex®) Chairman and Chief Executive Officer, Salvatore F. Sodano, issued the following statement yesterday regarding the resignation of Securities and Exchange Commission Chairman Arthur Levitt: "Chairman Levitt has served our nation and investors with great honor and distinction. For his entire career, Chairman Levitt has always been squarely on the side of investor protection and the integrity of our public markets. We wish him well."

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