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  • TIFFE: Trading Starts 15 Minutes Earlier On 29 May 2003

    Date 22/05/2003

    TIFFE announced the temporary change of trading hours for all contracts on 29 May 2003, responding to the release of a preliminary report on Indices of Industrial Production at 8:50am.

  • SEC To Leave Hedge Fund Comment Period Open

    Date 22/05/2003

    Following its successful two-day Hedge Fund Roundtable, held in Washington, D.C., on May 14 and 15, 2003, the Commission today announced that it will leave the public record open for approximately 45 more days, until July 7, 2003. The Roundtable was a part of the SEC's formal fact-finding investigation of the hedge fund industry, which was launched in the spring of 2002. The Roundtable covered a number of topics, including: (1) the structure, operation and compliance activities of hedge funds; (

  • SEC Finds PricewaterhouseCoopers LLP Engaged In Improper Professional Conduct - PwC Is Censured And Agrees To Pay $1 Million, Establish New Document Retention Policies And Retain An Independent Consultant

    Date 22/05/2003

    The Securities and Exchange Commission today announced a settled enforcement action against PricewaterhouseCoopers LLP (PwC) for improper professional conduct in connection with its audit of SmarTalk TeleServices, Inc.'s (SmarTalk) year-end 1997 financial statements. As described in the SEC's order, SmarTalk, a now-bankrupt provider of pre-paid telephone cards and wireless services, filed with the Commission an annual report on Form 10-K, which contained materially false and misleading financial

  • Program Trading Averaged 37.5 Percent Of NYSE Volume During May 12-16, 2003

    Date 22/05/2003

    The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for May 12 - 16, 2003.

  • New Role For Will Oulton At FTSE Group

    Date 22/05/2003

    FTSE Group, the global index company, today announces that Will Oulton will step down from his role as joint Deputy Chief Executive at FTSE Group to begin a freelance consulting business, focussing on socially responsible investment (SRI) and Corporate Social Responsibility (CSR) issues. Will's close involvement in the FTSE4Good series will continue, as he assumes a new role as Strategic Adviser, SRI for the FTSE Group.

  • Kuwait Stock Exchange Trading Report For April 2003

    Date 22/05/2003

    The index of the Kuwait Stock Exchange reached 3,455.5 points at the end of April 2003, an increase of 582 points from the closing value at the end of March. The weighted index reached 221.06 points at the end of April, an increase of 29.76 points from the closing value at the end of March.

  • Kuala Lumpur Stock Exchange: Economic Package Promotes Growth For Economy And Market

    Date 22/05/2003

    Key initiatives in the economic package announced today are strategic and comprehensive in promoting growth for the economy, the capital market and the stockmarket.

  • Kuala Lumpur Stock Exchange Sector Update

    Date 22/05/2003

    The Index Sub-Committee of the Kuala Lumpur Stock Exchange (KLSE) has decided to update the classification of sector for Granite Industries Berhad to come into effect at 9.00a.m., 23 May 2003.

  • HKEx Introduces The Final Phase Of CCASS/3

    Date 22/05/2003

    Hong Kong Exchanges and Clearing Limited (HKEx) will introduce the final phase of CCASS/3, the next generation of the Central Clearing and Settlement System, by launching the Participant Gateway on 26 May 2003 (Monday).

  • Futures & Options On RTS Stock Exchange Volume Record

    Date 22/05/2003

    On May 21, 2003, all-time daily trading volume high - 2 298 million rubles - was set on FORTS (Futures & Options on RTS), exceeding the previous day record by 31%.

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