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  • Tokyo Stock Exchange - Emergency Measures For Trading/Clearing Systems Failures Due to Y2K Problems

    Date 27/09/1999

    In the case of futures/options trading through another member, in the event of system failures: In order to prepare for the emergency situations where a member (including a special participant)cannot place orders, due to the system failures caused by Y2K problems, the Tokyo Stock Exchange introduced emergency measures to enable a member without trading access to have alternative order routing capabilities. Under this scheme, a member with system failures can designate another member and place or

  • SIMEX MSCI Taiwan Contracts - Last Trading Day Extended To 6 October 1999

    Date 27/09/1999

    The Taiwan Stock Exchange has announced that it would temporarily narrow the price limits in its stock and futures markets so that no stock's price can fall more than 3.5% in a single day. The upward price limit remains unchanged at 7%. This move is aimed at limiting panic-selling when the Taiwan stock market reopens today for the first time since the closure of the market as a result of the earthquake which hit Taiwan on Tuesday 21 September 1999.

  • Botswana Stock Exchange Market Commentary

    Date 25/09/1999

    The market edged slightly higher gaining 0.4% but volumes were very thin. Barclays remained unchanged at P8.50 on 1,000 shares but its bid weakened to P7.80. FNBB was also unchanged at P31.50 on 3,000 shares despite its good final results, but strengthened to P31.50/P32.00. Stanchart gained 50t to P40.50 on only 600 shares, testimony to the weak volumes throughout. Furnmart rose 6t to P2.15 on over 16,000 shares buoyed by the excellent full year results posted last week, whilst MRIB lost 5t to P

  • Trintech Group PLC Becomes First Irish Company To Be Dual Listed On Nasdaq And Neuer Markt

    Date 24/09/1999

    The Nasdaq Stock Market® today announced that the Trintech Group PLC, a leading provider of secure electronic payment solutions, began trading today on Nasdaq® under the symbol:TTPAY. Trintech is the first Irish company to be listed on both Nasdaq and the Neuer Markt of Germany. The Trintech initial public offering of 5,800,000 American Depositary Shares represents 5,800,000 ordinary shares.

  • The Nasdaq Stock Market And MCI Worldcom Announce Completion Of Trading Extranet For The New Millennium

    Date 24/09/1999

    The Nasdaq Stock Market® and MCI WorldCom, Inc. (NASDAQ:WCOM) today announced the completion of one of the world's largest Extranets that more than doubles the speed and capacity of Nasdaq's electronic trading network. Under current market characteristics, the Enterprise Wide Network II (EWN II) can handle up to four billion shares traded per day and can be scaled up, if necessary, to accommodate an eight billion share day.

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