Mondo Visione Worldwide Financial Markets Intelligence

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  • PHLX Announces Settlement Agreement

    Date 18/05/2000

    Meyer (Sandy) Frucher, Chairman and CEO of the Philadelphia Stock Exchange, Inc. (PHLX), announced today that the Exchange has entered into a settlement agreement with representatives of the plaintiffs in the consolidated class action lawsuits that were instituted last year against the PHLX, the other options exchanges and other defendants alleging antitrust violations in connection with the listing of options. The settlement, which was executed as of May 4, 2000, was not announced previously be

  • ParisBourse Revamps Monthly Settlement Market

    Date 18/05/2000

    Starting September 22, 2000, trading in all shares listed on French markets (Premier Marché, Second Marché, Nouveau Marché and Marché Libre) will shift to a cash-settlement basis. Recommended by two task forces, the move simplifies structures while bringing the French market into line with international practice. France is currently the only country to have retained a monthly settlement procedure.

  • Osaka Mercantile Exchange RSS3 Futures And Rubber Index Futures Monthly Report

    Date 18/05/2000

    On April 3, OME RSS3 went lower on long-liquidation due to the yen's sharp rise to the 102 yen level against the dollar. Distant month fell to 80.7 yen, down 0.9 yen from the previous day's close. Later, there was the lull in the yen's upward trend on the intervention by the Bank of Japan in the currency market. Also, the prices at Singapore Commodity Exchange (SICOM) went firmer reflecting the tightness in supplies of raw materials in Malaysia and Thailand due to the wintering season and to the

  • Osaka Mercantile Exchange Aluminium Futures Monthly Report

    Date 18/05/2000

    On April 3, OME Aluminium futures opened lower on bears $B!G (B selling and long-liquidation due to the easier tone in LME Aluminium futures and to the yen's rise to the 102 yen level against the dollar. Distant month fell to 162.4, down 2.5 yen from the previous month's level. On April 5, distant month declined further to 161.5 yen on distressed selling by longs in line with the sharp drop in LME Aluminium on the news of a major hedge fund's shut down. Later, OME prices fluctuated within a na

  • Closure Of Kuala Lumpur Stock Exchange

    Date 18/05/2000

    The Kuala Lumpur Stock Exchange (KLSE) wishes to announce that the Exchange and its subsidiaries will be closed on Thursday, 18 May 2000 in conjunction with the Wesak Day holiday. The Exchange and its subsidiaries will commence operations on Friday, 19 May 2000.