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SEC Finds PricewaterhouseCoopers LLP Engaged In Improper Professional Conduct - PwC Is Censured And Agrees To Pay $1 Million, Establish New Document Retention Policies And Retain An Independent Consultant

Date 22/05/2003

The Securities and Exchange Commission today announced a settled enforcement action against PricewaterhouseCoopers LLP (PwC) for improper professional conduct in connection with its audit of SmarTalk TeleServices, Inc.'s (SmarTalk) year-end 1997 financial statements. As described in the SEC's order, SmarTalk, a now-bankrupt provider of pre-paid telephone cards and wireless services, filed with the Commission an annual report on Form 10-K, which contained materially false and misleading financial
Program Trading Averaged 37.5 Percent Of NYSE Volume During May 12-16, 2003

Date 22/05/2003

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 May 12 - 16, 2003.
New Role For Will Oulton At FTSE Group

Date 22/05/2003

FTSE Group, the global index company, today announces that Will Oulton will step down from his role as joint Deputy Chief Executive at FTSE Group to begin a freelance consulting business, focussing on socially responsible investment (SRI) and Corporate Social Responsibility (CSR) issues. Will's close involvement in the FTSE4Good series will continue, as he assumes a new role as Strategic Adviser, SRI for the FTSE Group.
Kuwait Stock Exchange Trading Report For April 2003

Date 22/05/2003

The index of the Kuwait Stock Exchange reached 3,455.5 points at the end of April 2003, an increase of 582 points from the closing value at the end of March. The weighted index reached 221.06 points at the end of April, an increase of 29.76 points from the closing value at the end of March.
Kuala Lumpur Stock Exchange: Economic Package Promotes Growth For Economy And Market

Date 22/05/2003

Key initiatives in the economic package announced today are strategic and comprehensive in promoting growth for the economy, the capital market and the stockmarket.

Kuala Lumpur Stock Exchange Sector Update

Date 22/05/2003

The Index Sub-Committee of the Kuala Lumpur Stock Exchange (KLSE) has decided to update the classification of sector for Granite Industries Berhad to come into effect at 9.00a.m., 23 May 2003.
HKEx Introduces The Final Phase Of CCASS/3

Date 22/05/2003

Hong Kong Exchanges and Clearing Limited (HKEx) will introduce the final phase of CCASS/3, the next generation of the Central Clearing and Settlement System, by launching the Participant Gateway on 26 May 2003 (Monday).
Futures & Options On RTS Stock Exchange Volume Record

Date 22/05/2003

On May 21, 2003, all-time daily trading volume high - 2 298 million rubles - was set on FORTS (Futures & Options on RTS), exceeding the previous day record by 31%.
Future Dynamics First To Conform To IPE API 10.300

Date 22/05/2003

Future Dynamics has today announced the conformance of "CROSSFIRE", front-end trading application, to the IPE API 10.300, provided by the IPE's parent IntercontinentalExchange. Following the successful completion of conformance testing, CROSSFIRE is now accepted as an IPE certified ISV solution, enabling traders to access and trade IPE products on the electronic platform.
Euronext: Koninklijke Volker Wessels Stevin Removed From Next 150 Index - New composition Of Next 150 Index

Date 22/05/2003

Following the official result of the takeover bid by the Dutch company Victor Rijssen B.V. for the Dutch company Koninklijke Volker Wessels Stevin N.V. (Next 150), Koninklijke Volker Wessels Stevin will be removed from the Next 150 Index effective Tuesday 27 May 2003.