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  • New York Mercantile Exchange Names Two New Vice Presidents

    Date 21/09/1999

    The New York Mercantile Exchange board of director recently promoted Richard Jacobi to vice president of market data services and Arthur McCoy to vice president of financial surveillance.

  • New Options To ASAS Rights British Steel/Koninklij

    Date 21/09/1999

    Provided that the bid for depositary receipts for Koninklijke Hoogovens N.V. shares becomes unconditional, as from Wednesday 6 October 1999 ASAS rights to British Steel/ Koninklijke Hoogovens shares will be listed on Amsterdam Exchanges’ stock market. These are rights issued by Amsterdam Exchanges for shares in BSKH plc.

  • MEFF Renta Variable Initial Margins and Extended Trading Hours

    Date 21/09/1999

    At close of market session for next Friday September 24th, the Valuation Interval used to calculate Initial Margins will decrease from 800 to 700 Index points. From September 27th, the trigger for additional intra-day margins (margin call) is set at 550 Index points.

  • CME Weather Futures, Options To Begin Trading Sept. 22

    Date 21/09/1999

    The world's first exchange-traded temperature-related weather derivatives will begin trading at 9 a.m. (Central time) tomorrow, Wednesday, Sept. 22, the Chicago Mercantile Exchange announced.

  • Change To Standard Tick Sizes For Shares Traded On AEX Stock Market

    Date 21/09/1999

    On Friday 1 October, Amsterdam Exchanges' stock market will introduce a new standard for tick sizes for shares. The adjusted tick sizes will be based on the closing price of each share on Thursday 30 September. The standard tick size for a share is dependent on the share's absolute price.

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