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Strategic Appointments At The Montreal Exchange - New Management Committee In Place

Date 21/06/2000

The Montreal Exchange is pleased to announce the appointment of Mr. Philippe Loumeau as Senior Executive Vice-President, Marketing, Business Development and Strategy. Mr. Loumeau was Executive Vice-President of ParisBourse SBF SA, responsible for business strategy and international alliances. He previously worked in various areas related to the strategic and business development of the Matif and ParisBourse. Holder of a Masters degree in Economics, Mr. Loumeau will begin his new role at the Mont
Nasdaq To Close At 1 p.m. On July 3, 2000

Date 21/06/2000

The Nasdaq Stock Market® announced that in observance of the Independence Day Holiday, it will close at 1 p.m., Eastern Time (ET), on July 3, 2000. As part of the previously announced holiday schedule for major U.S. equity markets, Nasdaq® is also closed on July 4, 2000. Nasdaq technical systems will close early on July 3rd according to the following schedule:
Kansas City Board Of Trade Issues Trading Schedule For Independence Day

Date 21/06/2000

The Kansas City Board of Trade has issued its trading schedule for the upcoming Independence Day holiday.
CME Domestic Stock Indexes To Settle At Fair Value, Close Early At End Of Quarter On Friday, June 30

Date 21/06/2000

Following its new quarter-end settlement procedure, the Chicago Mercantile Exchange (CME) will close its domestic equity index futures contracts 10 minutes early at the end of the quarter, Friday, June 30, and revise its daily settlement procedures to reflect a “fair value” settlement price.
CBOT And Eurex Set Date For Simulation On Alliance Trading Platform - Alliance On Target For Third Quarter Launch

Date 21/06/2000

The Chicago Board of Trade (CBOT) and Eurex announced today that functional simulation on their joint electronic trading platform will begin July 17, 2000. Functional simulation is the last step before the launch of the CBOT/Eurex Alliance platform, which is on target for the third quarter 2000. Functional simulation provides participating firms and traders with the opportunity to test new installations and familiarize themselves with the platform's trading functionality.

Warsaw Stock Exchange Market Holiday

Date 20/06/2000

The Warsaw Stock Exchange would like to remind that June 22, 2000 (Thursday) is a holiday in Poland. The Exchange will be closed on that day. However, June 23 (Friday) is a normal business day on the Exchange.
Trading In Options On Pacific Century Cyberworks Will Begin On Stock Exchange Of Hong Kong On June 26

Date 20/06/2000

Trading in options on Pacific Century CyberWorks Limited (PCCW) will begin on Monday, June 26, 2000.
Three New Grain Futures Contracts Begin Trading On Sydney Futures Exchange

Date 20/06/2000

Three new futures contracts based on barley, canola and sorghum will begin trading at the Sydney Futures Exchange (SFE) at 10.00am today, Tuesday, 20 June
Nymex Sets Eurotop 300® Weekly Volume Record

Date 20/06/2000

A weekly volume record was set for the week of June 12, when 9,030 contracts were traded, exceeding the record of 8,244 contracts traded for the week of March 13, 2000.
Nymex Members Approve Demutualization Plan

Date 20/06/2000

The members of the New York Mercantile Exchange voted 97.5% in favor of a demutualization plan which will make the Exchange the first in New York to convert from a not-for-profit membership structure to a for-profit organization.