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  • Program Trading Averaged 17.5 Percent Of NYSE Volume During Oct. 18-22

    Date 28/10/1999

    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 Oct. 18-22.

  • PHLX To Begin Trading Options on Chemdex Corporation (CKU/CMDX)

    Date 28/10/1999

    The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on Chemdex Corporation (option/stock symbol: CKU/CMDX), upon the opening of business on Wednesday, November 3, 1999.

  • OM Acquires Danish Company DEFU DATA

    Date 28/10/1999

    OM Technology has acquired the Danish IT company DEFU DATA. DEFU DATA develops and sells IT solutions to the Danish electricity market. The company, which is located in Taastrup near Copenhagen, has 26 employees and a turnover of just under SEK 20 m per annum.

  • NYMEX To Split Unit Size Of Western Electricity Futures Contracts

    Date 28/10/1999

    The New York Mercantile Exchange has received Commodity Futures Trading Commission approval to reduce the delivery rate of its California Oregon Border (COB) and Palo Verde electricity futures contracts from 2 megawatts (Mw) to 1 Mw and the contract unit from 864 megawatt hours (Mwh) to 432 Mwh, a change which the Exchange will implement on Monday, December 6.

  • CME Encouraged By CFTC Chairman Remarks

    Date 28/10/1999

    Chicago Mercantile Exchange Chairman Scott Gordon made the following statement in response to remarks this morning by Commodity Futures Trading Commission Chairman William J. Rainer at the 22nd annual Chicago-Kent College of Law Derivatives and Commodities Law Institute: "We applaud Chairman Rainer's determination that financial futures markets get prompt and equal regulatory treatment. He recognizes the convergence of the over-the-counter market and formally regulated futures exchanges. He u