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  • New Opening In FTSE 100

    Date 20/12/2000

    A vacancy will arise in the UK's benchmark FTSE 100 index as a result of the proposed merger between Glaxo Wellcome and SmithKline Beecham. Approval of the merger will automatically create a space for a reserve list stock to move into the FTSE 100 index.

  • New Fixed Income Indices Launched Today - iBoxx Indices Break New Ground In Fixed Income Index Market

    Date 20/12/2000

    Seven leading investment banks and Deutsche Börse are pleased to announce today's successful launch of the iBoxx Euro Sovereign Indices. The iBoxx Euro Sovereign Indices include euro-denominated international government bonds and the iBoxx Euro Zone Sovereign Indices are comprised solely of bonds issued by member states of the European Monetary Union (EMU).

  • Nasdaq.com Adds Information On Exchange Traded Funds To Web Site - Only Major Financial Site To Provide Detailed Information Online On All Etfs Available In Market - Site Enables Users To Track ETF Performance, Volume Traded, Intraday And Historical Price

    Date 20/12/2000

    With investors constantly seeking timely and comprehensive data on quality, new investment products, www.nasdaq.com has made available on its Web site a section dedicated to Exchange Traded Funds (ETFs). ETFs, such as the Nasdaq-100 Index® Tracking Stock (Amex:QQQ), have been gaining a great deal of attention from investors and market followers alike due to their structure. Like index mutual funds, ETFs offer investment diversification. Unlike mutual funds, however, ETFs can be bought and sold e

  • NASD® And Nasdaq Chairman Zarb Praises Bush's Choice Of Paul O'Neill As Treasury Secretary

    Date 20/12/2000

    National Association of Securities Dealers (NASD®) and Nasdaq Chairman, Frank G. Zarb, today soundly praised President-elect George W. Bush's choice of Paul H. O'Neill as Secretary of the Treasury. "I'm delighted that Paul will have this opportunity to serve the American people," Zarb said. "He has been a good friend and colleague for the last 30 years. I don't think President-elect Bush could've made a better choice. He'll be an excellent Treasury Secretary. Bush's choices thus far have certa

  • Merger Discussion - ASX & NZSE - Update

    Date 20/12/2000

    While exploratory discussions concerning a merger between Australian Stock Exchange (ASX) and the New Zealand Stock Exchange (NZSE) have progressed, additional work is necessary before determining the merits of any merger. Draft material setting out the envisaged framework for the possible post-merger operations has been prepared to facilitate further discussions.

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