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  • GLOBEX®2 Volume Soars More Than 94 Percent

    Date 01/02/2000

    Trading volume on the Chicago Mercantile Exchange rose nearly 17 percent in January over year-ago levels to reach more than 18 million contracts. Trading in equity index products soared to a new all-time monthly record, with nearly 4.5 million contracts changing hands. Electronically traded volume on the CME's GLOBEX2 system rose more than 94 percent to 2,085,250 contracts. Trading volume in all CME product groups-agricultural, interest rate, and equity indexes-rose versus year-ago levels.

  • Central Bank Of Iceland Weekly Repo Auction, 1.Feb.

    Date 01/02/2000

    The Central Bank of Iceland held a weekly auction of repurchase agreements on February 1 of the standard maturity of 14 days. The auction was a fixed rate one at 9.8 per cent p.a. Offers were made for a total amount of 22.9 billion krónur resulting in repurchase contracts for that amount.

  • Amendments to the Stock Exchange of Hong Kong Listing Rules

    Date 01/02/2000

    The Stock Exchange of Hong Kong wishes to announce the introduction of new provisions into the Exchange Listing Rules in connection with the publication on the Exchange's website of listing-related information on companies and amendments to the Chapter 6, Rule 2B.07(6) and Rule 2A.39 of the Exchange Listing Rules. The rule changes will come into effect on February 1, 2000.

  • SEC Orders Securities Markets To Begin Trading In Decimals On July 3, 2000

    Date 31/01/2000

    The Securities and Exchange Commission on January 28 ordered the securities markets to begin quoting securities prices in decimals by July 3, 2000. The Commission order requires the markets to submit a decimals pricing implementation plan within 45 days and requires the options and equities markets to phase in decimal pricing by year end. During the phase-in period the markets can quote equity securities in price increments of up to 5 cents. The markets must also create and conduct a pilot progr

  • Research Published By The London Stock Exchange Highlights Benefits Of Abolishing Stamp Duty

    Date 31/01/2000

    New research published today by the London Stock Exchange highlights the implications for the economy of abolishing stamp duty on share trading.

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