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Securities Industry Association, The Bond Market Association Argue That Same Securities Class Action Standards Should Apply To Holders, Purchasers, Sellers - Amicus Brief Asks Supreme Court To Review Second Circuit Court’s Merrill V. Dabit Decision
Date 17/05/2005
The Securities Industry Association and The Bond Market Association today filed an amici curiae brief in support of Merrill Lynch’s appeal of the Second Circuit Court’s decision in Merrill Lynch, Pierce, Fenner & Smith, Inc. vs. Dabit. The case involves the applicability of the Securities Litigation Uniform Standards Act (“SLUSA”) to a suit brought under state law by a holder of a security who claims to have “refrained from selling” the security based upon alleged misrepresentations in the pros
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Proposal For Revised Recommendations From The Copenhagen Stock Exchange’s Committee For Corporate Governance
Date 17/05/2005
The Copenhagen Stock Exchange Committee on Corporate Governance today published the Committee’s proposal for revised recommendations in the light of the implementation of the ’comply or explain’ principle and the EU recommendations regarding the management’s independence and remuneration
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PCCW Limited Shares And IWF Change In The S&P/HKEx LargeCap Index
Date 17/05/2005
Standard & Poor’s will make the following changes in the S&P/HKEx LargeCap Index effective after the close of trading Thursday, May 19, 2005: PCCW Limited Shares (Hong Kong, SEDOL: 6574071, GICS: Telecommunication Services, GICS Code: 50101020), a member of the S&P/HKEx LargeCap Index, shares will increase from 5,374,320,000 to 6,718,128,000. The new shares were issued to meet existing employee share option scheme obligations. There will also be a decrease in IWF.
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On Results Of The General Meeting Of Participants In Not-For-Profit Partnership “The National Depository Center” (NDC)
Date 17/05/2005
On 14 May 2005, the General Meeting of Participants in Not-for-Profit Partnership “The National Depository Center” (NDC) was held. The Attendees of the Meeting formed the Board of Directors of NDC and elected the members of the Revision Board (Auditing Board) of NDC, the Budget Committee of NDC, the Committee for Depository Servicing of NDC, and the Risk Management Committee of NDC. The Meeting considered the Report of the NDC CEO on the activities of the Partnership in 2004 and other related ma
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Nymex To Launch Additional Freight Swap Futures Contracts
Date 17/05/2005
The New York Mercantile Exchange, Inc. today announced that will introduce four additional freight futures contracts on its NYMEX ClearPortsm electronic trading and clearing platform beginning on May 22 for the May 23 trading session.
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NYBOT Announces New Cotton And Cocoa Margins
Date 17/05/2005
The New York Board of Trade® (NYBOT®) announced yesterday that effective with the opening of business on Tuesday, May 17, 2005, the margin requirements are as follows: COTTON (CT) Initial Maintenance <
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New York Mercantile Exchange Sets Volume Record For e-miNY(sm) Natural Gas Futures Contracts
Date 17/05/2005
The New York Mercantile Exchange, Inc., announced that a record 2,012 e-miNY(sm) natural gas futures contracts were traded on May 12, surpassing the previous record of 1,846 contracts set on July, 10, 2002.
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JSE Securities Exchange South Africa Weekly Statistics For The Week Ended 13.05.2005
Date 17/05/2005
Attached is the weekly report of certain trading statistics. It must be noted that the statistics relevant to foreign transactions only represent transactions executed through the JSE Securities Exchange South Africa.
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Global Accounts On MexDer
Date 17/05/2005
Background On May 24, 2004, the Ministry of Finance and Public Credit (SHCP) published a resolution in the Official Gazette of the Federation modifying the rules that apply to corporations and trusts that participate in establishing and operating a market for exchange-traded futures and options (the Rules), pursuant to the incorporation of Global Accounts into the regulations.
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GL TRADE To Present Latest Developments At The "7th ISIPS Event", The Annual Securities Industry Conference, In London
Date 17/05/2005
GL TRADE, one of the leading providers or electronic trading, clearing and settlement solutions, will demonstrate their latest solution developments on the occasion of the 7th ISIPS event in London. This event is the largest wholesale and retail technology event in Europe. It will be held on May 23rd at the Brewery, Chiswell Street, London (booth 53).
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