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  • Eurex Exchange Council Appoints Ferscha And Widmer To General Management

    Date 11/10/2000

    The Eurex Exchange Council appointed Rudolf Ferscha and Michael Widmer to the general management of the exchange Eurex Deutschland on Wednesday, effective October 11, 2000. The Board of Directors of Eurex AG, Zurich, as well as the Supervisory Boards of Eurex AG, Frankfurt, and Eurex Clearing AG had previously appointed Ferscha and Widmer to the exchange's general management and the Executive Board on October 4, 2000. The other members of the Board are Otto E. Nägeli and Jürg Spillmann.

  • Canada To Shorten Time Period To Settle Securities Trades

    Date 11/10/2000

    The Canadian securities industry will shorten the time it takes to clear and settle a trade to one day from the current three days to coincide with similar efforts under way in the United States. A number of other countries are also considering the exchange of securities for money on the day following a trade, known in financial circles as T+1, which will mean a quicker turn-around for investors, improved service and reduced risks.<

  • Buenos Aires Futures Exchange Monthly Report For September 2000.

    Date 11/10/2000

    The Mercado a Término de Buenos Aires (Buenos Aires Futures Exchange) traded 16,193 contracts in September 2000 compared to a figure of 17,022 contracts in September 1999. Total volume for the first nine months of 2000 was 188,391 contracts, compared to 177,705 contracts in 1999.

  • The Central Bank Of Iceland Auctions Repurchase Agreements For 17.4 Billion Krónur.

    Date 10/10/2000

    The Central Bank of Iceland held a weekly auction of repurchase agreements on October 10 of the standard maturity of 14 days. The auction was a fixed rate one at 10.6 per cent p.a. Offers were made for a total amount of 17.4 billion krónur resulting in repurchase contracts for that amount.

  • Oslo Stock Exchange: New Development In The Bond Market

    Date 10/10/2000

    The Oslo Stock Exchange´s automatic auction system for new issues in the bond market was used for the first time today. The Norwegian Ministry of Finance, acting through the Norwegian Central Bank, was the first borrower to take advantage of this new function to raise NOK 4.5 billion through this morning´s auction. This new development represents an important contribution to further improving the efficiency of the Norwegian bond market.

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