FTSE Mondo Visione Exchanges Index:
News Centre
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Tokyo Stock Exchange Plans Introduction of SPAN(R) And Amendments To Futures & Options Margin System
Date 27/12/1999
The Tokyo Stock Exchange (TSE) plans to adopt the Standard Portfolio Analysis of Risk (SPAN) margin calculation method, as developed by Chicago Mercantile Exchange (CME), for calculation of margins for futures and options transactions as of October 2000. There will be no overlap with the current system.
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NYSE To Continue to Trade Benguet Corporation Until January 10, 2000
Date 27/12/1999
The New York Stock Exchange announced today that trading in the common stock of Benguet Corporation (the "Company")-- ticker symbol BE - will now continue through Friday, January 7, 1999 and accordingly will be suspended prior to the opening on Monday, January 10, 2000. The Exchange had previously announced on December 22, 1999 that trading would be suspended on December 27, 1999. Following suspension, application will be made to the Securities and Exchange Commission to delist the issue.
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Amendment to the Stock Exchange Of Hong Kong Listing Rules
Date 27/12/1999
The Stock Exchange of Hong Kong has amended Rule 8.08 of the Exchange Listing Rules. The rule change will come into effect on December 30, 1999.
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Warsaw Stock Exchange Communiqué - Trading Holidays
Date 24/12/1999
The Warsaw Stock Exchange would like to remind that on December 24 (Friday), December 30 (Thursday) and December 31, 1999 (Friday) there will be no trading sessions on the Exchange. The WSE offices will be open on these dates.
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Warsaw Stock Exchange Communiqué - Fee Schedule Of The WSE Has Been Revised.
Date 24/12/1999
The member firms have been exempted from fees concerning USD and EURO futures, up to June 30, 2000. From January 1, 2000 the trading fee for WIG20 futures (for opening and closing transactions) will be lowered to PLN 4 (previously PLN 5) for each contract.
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Warsaw Stock Exchange Communiqué - Changes to WSE Articles of Association
Date 24/12/1999
On December 17, 1999 the WSE Extraordinary General Meeting of shareholders decided on raising the WSE share capital to the amount of PLN 42 million (previously PLN 21 million), through the increase of the nominal value of shares from PLN 350 to PLN 700. At the same time the meeting introduced changes to the WSE Articles of Association (Statutes) and approved changes to the Exchange Supervisory Board's Regulations.
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Singapore Exchange Press Statement
Date 24/12/1999
The Central Depository Pte Ltd (CDP) has received a proposal from Effective Capital Sdn Bhd (ECSB) for migration of Clob securities. CDP is seeking legal advice and will make an announcement soon.
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Program Trading Averaged 24.7 Percent Of NYSE Volume During Dec. 13-17
Date 24/12/1999
The New York Stock Exchange yesterday released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Dec. 13-17. The data indicated that during Dec. 13-17, program trading amounted to 24.7 percent of NYSE average daily volume of 1,091.5 million shares, or 269.8 million shares a day. This included program trading associated with the Dec. 17 quarterly expiration of stock-index options and futures.
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Nasdaq-100 Index Tracking Stock Tops $6 Billion in Assets
Date 24/12/1999
The Nasdaq Stock Market® reported yesterday that total assets in the Nasdaq-100 Index Tracking StockSM (Amex: QQQ) rose to a record level of $6 billion as of the previous day's close. The Nasdaq-100 Index Tracking Stock is composed of Exchange-traded securities that represent ownership in the Nasdaq-100 TrustSM, a unit investment trust designed to track the performance of the Nasdaq-100 Index® .
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Important Update To Gemstar International Group Limited's Inclusion In The Nasdaq-100 Index
Date 24/12/1999
Due to Y2K preparedness efforts, The Nasdaq Stock Market® will accelerate the component change to the Nasdaq-100 Index® sooner than planned. Gemstar International Group Limited (Nasdaq:GMST) will become a component of the Nasdaq-100 Index, effective at the beginning of trading Thursday, December 30, 1999. Shares of Gemstar will also be included in the Nasdaq-100 Index Tracking StockSM (Amex:QQQ). Gemstar will replace Qwest Communications International Inc., which is delisting from Nasdaq® . The
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