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Establishment Of A Stock Market Section For Emerging Companies On The Tokyo Stock Exchange (Proposal)- Mothers (Market For The High-Growth And Emerging Stocks)

Date 22/09/1999

In order to revitalize the Japanese economy, it is essential to promote new industries that will play a major role for the coming generation. Adequate funds need to be allocated to such emerging companies through appropriate functioning of the securities market.
Closure Of Simex's MSCI Taiwan Market

Date 22/09/1999

SIMEX announced today that its MSCI Taiwan stock index futures and options market is closed for the day in view of the continuing closure of the underlying Taiwan stock market.
ASX Welcomes The Government's Business Tax Reforms

Date 22/09/1999

The Australian Stock Exchange ("ASX") welcomes the Government's recommendations for tax reform which respond to the Review of Business Taxation.
Sao Paulo Stock Exchange After-Market

Date 21/09/1999

The São Paulo Stock Exchange recently launched the After-Market - trading after regular trading hours. The objective of this new trading session is to expand business opportunities by offering investors a more flexible time schedule and increased convenience. The After-Market's hours for cash market trading exclusively via BOVESPA'S electronic trading system run from 6:00 pm to 10:00 pm.
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.
The Central Bank Of Iceland Raises Interest Rates

Date 20/09/1999

The Central Bank of Iceland has decided to raise its interest rates by 0.6 percent effective September 20 and 21 1999.