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Novabase (Portugal) In Next 150 Index. New Composition Next 150 Index

Date 21/05/2002

Following the official result of the takeover bid by the French company Cargill Starch Holding for the French company Cerestar (Next 150), Cerestar will be removed from the Next 150 Index.
New York Stock Exchange Issues Monthly Short Interest Report

Date 21/05/2002

The New York Stock Exchange today reported short interest as of the close of business on the settlement date of May 15, 2002, reflecting transactions through May 10, 2002.
IPE Introduces A New Block Trading Facility

Date 21/05/2002

The International Petroleum Exchange (IPE), Europe's leading energy futures and options exchange, today announced that a new block trading facility for the trading of IPE futures and options will be available from 27 May 2002.
HKEx Introduces Additional Broker Supplied Systems

Date 21/05/2002

Hong Kong Exchanges and Clearing Limited (HKEx) introduced ten additional Broker Supplied Systems (BSS) of AMS/3, the Third Generation Automatic Order Matching and Execution System on Friday, 17 May.
FTSE Sets Tough New Targets For SRI Series

Date 21/05/2002

Global index provider FTSE Group today announces the first criteria revision to FTSE4Good, since the standard-setting socially responsible investment (SRI) index series was launched last year. Beginning in September 2002, all companies will need to meet new and more comprehensive environmental standards to qualify for the indices. The changes mean that all companies, not just those with the greatest potential to affect the environment, must meet more rigorous requirements in order to be eligib

Brut To Join SuperMontage. List Of Participating Market Makers And ECNs Grows As July 29 Launch For Next-Generation Platform Approaches

Date 21/05/2002

The Nasdaq Stock Market, Inc. (Nasdaq®) today announced that Brut, LLC, an Alternative Trading System (ATS) serving the professional investment community, will participate in SuperMontage, Nasdaq's next-generation trading platform.
The Korea Futures Exchange Weekly Bulletin - May 06 To May 10, 2002

Date 20/05/2002

Building on the success of the KTB Futures, KOFEX successfully launched the Korea Treasury Bond (KTB) futures options on May 10, 2002. The underlying asset of the new options product is the 3-Year KTB futures contract (Options on futures), and it is exercisable at any time before the expiration (American style).
The American Stock Exchange Reports Increase In Short Interest

Date 20/05/2002

The American Stock ExchangeÂ® (AmexÂ®) member and non-member organizations today reported short interest of 484,031,020 shares as of the May 15 settlement date, a increase of 12,937,961 from the 471,093,059 (adjusted) reported in mid-April. The May figure represents trades through May 10, 2002.
Securities And Exchange Commission Chairman Harvey L. Pitt Praises Mutual Fund Directors Forum

Date 20/05/2002

Securities and Exchange Commission Chairman Harvey L. Pitt applauded the formal organization of the Mutual Fund Directors Forum, a non-profit corporation dedicated to improving fund governance by offering continuing education and outreach programs to fund directors. Chaired by David S. Ruder, SEC Chairman from 1987-89, the Forum represents a re-organization of the Mutual Fund Directors Education Council, a group formed in 1999 in response to the SEC's call for improved fund governance.
Rise In Baltic Members' Income

Date 20/05/2002

Baltic Exchange shipbroking members' net income rose to £350 million (US$ ½ billion) in 2001, according to a survey conducted by the Exchange in April. This reports an increase on 2000 of 18 per cent.