News Centre

NZX IPO Closes After Heavy Retail Interest

Date 07/07/2003

New Zealand Exchange Limited (NZX) wishes to announce that its IPO closed on Friday 4 July after much interest from New Zealand investors. The public issue was oversubscribed and all staff, Directors, NZX Firm, and Institutional allocations were fully taken up.

NZAX Market In Final Stages Of Development

Date 07/07/2003

NZX wishes to announce that it has reached a significant milestone in the development of its new NZAX market. Having applied for and submitted the necessary exemptions and draft NZAX Listing Rules to the Securities Commission for review, Phase One of development of the new NZAX market is now complete. The submission of the draft Listing Rules is the precursor to the approval process, as outlined in the Securities Markets Act 1988, which concludes with the Minister of Commerce ultimately approv

MTS To Expand Its Money Market Operations - Ian Forrest Joins As Head Of MTS Money Markets

Date 07/07/2003

MTS is pleased to announce that in response to the strong growth of its repo market, it intends to expand its money markets operations to include other short term products, thereby bringing the transparency, liquidity and efficiencies offered by MTS to additional markets and clients. In conjunction with the expansion, Ian Forrest has joined MTS as Head of Money Markets. Forrest brings to MTS a wealth of experience in money market related transactions as well as expertise in implementing appropr

ICEX News & Views

Date 07/07/2003

ETFs and guidelines on off-exchange trade reporting is the subject of this issue.

HKEx: New Educational Article Discusses Traditional And Exotic Derivative Warrants

Date 07/07/2003

Traditional and exotic derivative warrants are the focus of a new educational article by Dr. Billy Mak, Assistant Professor in the Department of Finance and Decision Sciences at the School of Business of Hong Kong Baptist University, and Mr. Kevin Cheng, Vice President, Education and Training in Hong Kong Exchanges and Clearing Limited's (HKEx) Exchange Business Unit

GL TRADE Partners With LG FUTURES For Electronic Access To KOFEX, The Korean Futures Exchange

Date 07/07/2003

GL TRADE today announces it has teamed up with LG FUTURES to enable clients to trade on KOFEX, the Korean Futures Exchange, through GL NET. In addition to The Tokyo Stock Exchange, TIFFE, Osaka, KOSPI, HKFE, SGX-DT and SFE, KOFEX is the 8th derivatives market across Asia to be powered by GL NET.

Euronext.liffe Launches Four New Equity Options

Date 07/07/2003

Euronext.liffe today expanded its range of equity options, with the launch of new European-style option contracts on AGF, Peugeot SA, Sodhexo Alliance and Veolia Environnement. European-style equity options available on Euronext.liffe now cover all CAC40 component stocks.

Euronext Cash Market Introduces A Harmonised, Up-To-Date Fee Structure To Be Implemented On 1 January 2004

Date 07/07/2003

Euronext announces today that it will implement a harmonised and up-to-date fee structure for its cash trading activity. This new fee structure will be effective on the 1st January 2004 on Euronext Amsterdam, Brussels and Paris cash markets . Euronext Lisbon will fully adopt this new fee structure in October 2004, one year after its migration on the NSC trading system.

CBOT® To Offer Wholesale Transactions In Swap and Agency Futures

Date 07/07/2003

Botswana Stock Exchange Market Commentary

Date 07/07/2003

There was a positive vibe in the market as Barclays put on 50t to P13.50 on over 200,000 shares while Securicor advanced 10t to P5.30 on nearly half a million shares.