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  • The Montreal Exchange Receives U.S. Approval To Sell Futures Contracts On S&P Canada 60 Index

    Date 09/12/1999

    The Montreal Exchange has received approval from the Commodities Futures Trading Commission (CFTC) to trade its futures contracts on the S&P/TSE 60 Index in the United-States. The authorization is effective immediately.

  • Tehran Stock Exchange September Statistics

    Date 09/12/1999

    There were 20 trading days in September and trading value and turnover showed an increase of 26.68 percent and 25.14 percent respectively compared to the previous month. During September a total of 43.9 million shares and rights were traded against turnover of IRR150.7 billion.

  • Sydney Futures Exchange To Proceed With Plans To Demutualise

    Date 09/12/1999

    The Board of Sydney Futures Exchange (SFE) today announced its intention to proceed with plans to demutualise. The decision follows a resolution by the Board to present an entitlements policy to Members.

  • Program Trading Averaged 20.6 Percent Of NYSE Volume During Nov. 29-Dec. 3

    Date 09/12/1999

    The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Nov. 29-Dec. 3. The data indicated that during Nov. 29-Dec. 3, program trading amounted to 20.6 percent of NYSE average daily volume of 929.1 million shares, or 191.5 million shares a day.

  • Nasdaq Sets Another Share Volume Record

    Date 09/12/1999

    The Nasdaq Stock Market® today set another new record for total number of shares traded in a single day, with preliminary figures indicating more than 1.668 billion shares changed hands. No other U.S. equities market has ever traded more shares in a single day.

  • Nasdaq And Primex Trading To Offer Investors State-Of-The-Art Electronic Price-Improvement System

    Date 09/12/1999

    The Nasdaq Stock Market® today announced that it has signed a letter of intent with Primex Trading N.A., LLC, to provide investors and Market Makers with a unique electronic trading platform. Primex Trading's technology will be offered exclusively to Nasdaq®.

  • NASD Board Approves Preliminary Plan For A Major Restructuring - Final Board Vote Likely By Early January, 2000

    Date 09/12/1999

    The National Association of Securities Dealers, Inc. (NASD® ), today announced that its Board of Governors unanimously approved a preliminary plan for a major restructuring. The Board also reviewed and accepted the findings of the Review Committee (the "fairness" committee). Refinements of the plan are expected to be completed promptly with a final Board vote expected in early January.

  • JSE Gears Up For Y2K

    Date 09/12/1999

    As part of its Year 2000 (Y2K) readiness plan, the Johannesburg Stock Exchange (JSE) has set up a Y2K Command and Control Centre for the internal co-ordination, control and distribution of important information about any issues relating to Y2K plan.

  • CME Announces '99 Election Results

    Date 09/12/1999

    The Chicago Mercantile Exchange (CME) announced the results of today's annual elections for its Board of Directors. The 25 exchange directors who represent the membership on the board are elected by members of the exchange according to its four divisions: the CME, the International Monetary Market (IMM), the Index and Option Market (IOM) and the Growth and Emerging Markets (GEM).

  • Charles P. Carey Elected CBOT's First Vice Chairman New Members Of Board Of Directors, Nominating Committee Elected

    Date 09/12/1999

    In the Chicago Board of Trade annual elections yesterday, Charles P. Carey was elected First Vice Chairman, to serve a two-year term. Carey, a full member, is Senior Vice President, First Options of Chicago, Inc. Full members elected to the CBOT Board of Directors, with each to serve three-year terms, are: Robert F. Corvino, Independent Trader; Mark E. Cermak, President, O'Connor & Company (Futures Division); Raymond Cahnman, Chairman, TransMarket Group, L.L.C.; Veda Kaufman Levin, Independent M

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