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Freight Investor Services (FIS) sponsors Charity Day on Thursday 3rd June

Date 20/05/2004

Freight Investor Services has announced that it will hold an annual Charity Day whereby all commission derived from its worldwide offices will be donated to charity.
Euronext Consults With Customers On Plans To Offer UK Cash Equity Trading

Date 20/05/2004

Euronext, the leading cross-border securities exchanges group, is consulting the London user community about its plans to launch a trading facility in the most liquid UK shares, including FTSE 100. The consultations have now reached a stage where Euronext is able to communicate its current thinking in outline.
CME Creates New Technology & Enterprise Computing Division To Better Serve Customers - CME’s Krause Appointed CIO - Chadid Promoted To Management Team

Date 20/05/2004

Chicago Mercantile Exchange Inc. (CME), the largest U.S. futures exchange, today announced the creation of a new Technology & Enterprise Computing Division that will enable CME to better serve its customers while increasing its ability to achieve operational efficiencies. By combining two critical areas of its electronic trading business into one integrated division, CME will be better able to leverage resources, increase capacity, improve service and reduce production costs – all of which will
CBOE Board Renews William J. Brodsky's Contract As Chairman And CEO

Date 20/05/2004

The Board of Directors of the Chicago Board Options Exchange (CBOE) today announced the renewal of William J. Brodsky's contract as CBOE Chairman and Chief Executive Officer. Brodsky has served as CBOE Chairman and CEO since February 1997.
Borsa Italiana: 4th Hedge Fund Conference: The International Financial Community Meets The Hedge Fund Industry

Date 20/05/2004

The 4th Hedge Fund Conference organised by Borsa Italiana took place today in Milan. Borsa Italiana Group, which has helped facilitate the rapid development of the hedge fund industry in Italy, was pleased to host a one-day session that featured some of the main players of international finance and the global hedge fund industry.

American Stock Exchange Reports Increase In Short Interest

Date 20/05/2004

The American Stock ExchangeÂ® (AmexÂ®) member and non-member organizations today reported short interest of 940,179,705 shares as of the May 14 settlement date, an increase of 52,522,542 from the 887,657,163 (adjusted) shares reported in mid-April. The May figure represents trades through May 11, 2004.
WCE Holdings Inc. Shareholders Approve Transition To Electronic Trading

Date 19/05/2004

The shareholders of WCE Holdings Inc., the parent corporation of Winnipeg Commodity Exchange Inc. (“WCE”), today approved the resolution necessary to transform WCE’s trading platform from the traditional open outcry method to an electronic system. The resolution was approved by 81% of the ballots cast.
UK’s Financial Services Authority: GBP100,000 Levied In Fines For Listing Rule Breach

Date 19/05/2004

The Financial Services Authority today fined Universal Salvage PLC ("Universal") £90,000 for breaching the Listing Rules. Martin Christopher Hynes ("Mr Hynes"), former Chief Executive Officer of Universal, has also been fined £10,000 for being knowingly concerned in the breach.
Toronto Stock Exchange and TSX Venture Exchange Victoria Day Holiday Closures

Date 19/05/2004

Both Toronto Stock Exchange and TSX Venture Exchange will be closed for the Victoria Day holiday on Monday, May 24. Both exchanges will re-open for business on May 25.
Taiwan Futures Exchange Granted IOSCO Affiliate Membership

Date 19/05/2004

Taiwan Futures Exchange, the TAIFEX, has been officially admitted to the International Organization of Securities Commissions (IOSCO) as an affiliate member. This took place on May 19 while the TAIFEX’s application to become an affiliate member was unanimous passed by the Presidents’ Committee in the 29th IOSCO Annual Conference in Amman.