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CME Expands Daily Price Limit On Nikkei 225 Index

Date 29/02/2000

The Chicago Mercantile Exchange (CME) has expanded the daily price limit for its Nikkei 225 index contracts to 1,500 index points effective with the start of trading tomorrow, March 1.
CLEARNET SBF SA Closer To Becoming Central Counterparty For Trades In Italian Government Securities.

Date 29/02/2000

CLEARNET SBF SA, the central counterpart and netting organisation for regulated and OTC markets in France, is set to become the clearing house for MTS cash trades in Italian government debt. CLEARNET will also be clearing MTS sell/buy backs in Italian government debt.
Central Bank Of Iceland Weekly Repo Auction

Date 29/02/2000

The Central Bank of Iceland held a weekly auction of repurchase agreements on February 29 of the standard maturity of 14 days. The auction was a fixed rate one at 10.1 per cent p.a. Offers were made for a total amount of 14.3 billion krónur resulting in repurchase contracts for that amount.
Bahrain Stock Exchange Weekly Market Report

Date 29/02/2000

Last week the index dropped to its lowest level since September 1997. The market experienced another lackluster week characterised with thin volumes. Trading continued to be focused on a few scrips namely Investcorp, BIB and BMB. For the past four weeks, BIB has been amongst the top three most actively traded stocks.
The Central Bank Of Iceland Offers A 10,1% Rate On A 14 Day Repo Of Government Securities

Date 28/02/2000

The Central Bank offers a 10,1% rate on a 14 day repo of government securities, in its weekly repo auction, deadline Tue. 29.Feb. at 11:00.

Sydney Futures Exchange Clearing House Implements An Exchange Settlement Account

Date 28/02/2000

Today, Monday 28 February 2000, the Sydney Futures Exchange Clearing House (SFECH) successfully implemented an Exchange Settlement Account (ESA) with the Reserve Bank of Australia (RBA). SFECH has received the first such approval under the RBA's new access arrangements.
Stock Exchange Of Hong Kong Input Service On The First Day Of Trading Of Tom.Com Limited

Date 28/02/2000

The Stock Exchange of Hong Kong will provide an input service for its Members for off-system trades of tom.com limited (stock code: 8001) on Wednesday March 1, 2000 in order to relieve the pressure on brokers during the first 15 minutes of trading.
Nymex To Increase Palladium Margins

Date 28/02/2000

Be sure to replace this paragraph with The New York Mercantile Exchange will increase its palladium margins as of the close of business today to $22,500 from $15,000 for clearing members; to $24,750 from $16,500 for members; and to $30,375 from $20,250 for customers.
Minneapolis Wheat Posts Record Daily Trading Volume

Date 28/02/2000

Hard red spring wheat futures posted record trading volume on Friday, February 25, 2000. A total of 11,450 contracts traded. The previous daily volume record, established June 3, 1999, was 11,243 contracts. "With the rain beginning last week, wheat markets are taking out the weather premium that's been built in lately due to dry conditions across the Great Plains and Upper Midwest. Relief from dry conditions spurred selling," said Donald W. Wilson of Prudential Securities and first vice cha
Jiway Appoints Chairman

Date 28/02/2000

Lynton Jones, former Chief Executive of London's International Petroleum Exchange, has been appointed chairman of Jiway, the new pan-European on-line stock exchange. Charged with delivering Jiway's objectives of cheaper and easier pan-European share trading, Jones sees his new role as an exciting challenge.