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News Centre

QWEST Moves To New York Stock Exchange, Broadening Access To Global Financial Markets - Qwest CEO Nacchio To Ring First Bell Opening Trading in the New Millennium

Date 21/12/1999

Qwest Communications International Inc., the broadband Internet communications company, today announced that it will be moving to the New York Stock Exchange (NYSE) on January 3, 2000. The initiative to move from the NASDAQ to the NYSE signals Qwest's growing position in the global Internet communications marketplace and establishes the Qwest brand name more firmly with investors around the world.
JSE Records All Time High For All Share Index

Date 21/12/1999

A new record closing value of 8,495 was recorded for the JSE Actuaries All Share Index yesterday. The 8,400 mark has been reached for the first time in the JSE's 112 year history. The All Share Index reached a previous high of 8,359 on 20 April 1998.
CME Announces Special Daily Settlement Procedure, Early Close For Domestic Stock Index Products Dec. 31

Date 21/12/1999

The Chicago Mercantile Exchange (CME) today announced a special daily settlement procedure to be applied to domestic stock index products on one day only, Friday, December 31, 1999-the final day of trading in this century. On that date, daily settlement prices for domestic stock index futures and options will be determined on the basis of their "fair value" relative to the underlying cash index at the 12:00 noon (CST) close of trading.
Central Bank of Iceland Weekly Repo Auction

Date 21/12/1999

The Central Bank of Iceland held a weekly auction of repurchase agreements on December 21 of the standard maturity of 14 days.
The Stock Exchange Of Hong Kong November Market Statistics

Date 20/12/1999

Trading value in November increased significantly with average daily turnover reaching the highest value since November 1997, despite a contraction in turnover volume.

Deutsche Börse Up-dates SMAX Rules & Regulations - Transition To International Accounting Standards

Date 20/12/1999

As at January 1 2000, Deutsche Börse is adapting the SMAX Rules & Regulations to meet the growing requirements of the European capital market. Above all, SMAX-listed companies will, as of the beginning of the year 2002 reporting period, have to meet international accounting standards. Moreover, the regulations for preferential allocation of shares have been made more precise.
Botswana Stock Exchange Market Commentary

Date 20/12/1999

The market shed 0.6% with all but two counters traded.
ASX Proposes New Reporting Requirement For Initially Cash-Rich Companies

Date 20/12/1999

Australian Stock Exchange ("ASX") today announced that the market will be consulted shortly about the proposed introduction of a new listing rule. This proposed listing rule is intended to apply to those companies that were admitted since 1 July 1999* where the company had assets at least half of which were in the form of cash or in a form readily convertible to cash. The new rule will require these companies to keep shareholders fully informed by providing a quarterly cash flow statement in the
TSE'S Largest Daily Value Ever! (And Counting...)

Date 17/12/1999

Today's trading value of $4.7 billion (as of 4:00pm) has surpassed the single largest one-day trading value in TSE history. The previous record was $3.7 billion on December 14, 1999. Trades will continue to be reported until 5:00pm this afternoon.
TSE Opens Montreal Office

Date 17/12/1999

The TSE officially opened its Montreal office today. The TSE's new office will provide Quebec issuers with the full range of corporate finance services in French and English, as previously provided by the Montreal Exchange.