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  • NYMEX Exchange Chairman Elected to Fourth Term

    Date 22/03/1999

    Daniel Rappaport was elected to a fourth two-year term as chairman of the New York Mercantile Exchange, making him the longest currently sitting chairman of any futures exchange in the world.

  • Ljubljanska Stock Exchange February Turnover SIT22.8 Billion

    Date 22/03/1999

    Ljubljanska Stock Exchange's total turnover in February 1999 was SIT22.8 billion. This almost equalled January's turnover of SIT23.4 billion and has more than doubled February 1998's volume of SIT9.2 billion.

  • LIFFE Announces Preliminary Results for 1998

    Date 22/03/1999

    The Board of the London International Financial Futures and Options Exchange (LIFFE) has approved the audited results for the year ended 31 December 1998. Brian Williamson, LIFFE's Chairman said, "LIFFE made a pre tax profit, before exceptional items, of GBP17m. Having made provisions of GBP81m, before tax, for the transition from an essentially floor-based open outcry market to a screen-based trading environment, the Exchange has made a loss, before tax, of GBP64m and a loss for the financial y

  • JSE Achieves All Time High Value Trades

    Date 22/03/1999

    The Johannesburg Stock Exchange recorded an all time high for daily turnover of ZAR2,933,980,000 on March 18, 1999. The previous high of ZAR2,776,317,924 was on June 18, 1997.

  • Ides of March Cause for Celebration at the IPE

    Date 22/03/1999

    The announcement of output cuts by OPEC last week led to three dramatic days of trading at the IPE. On Wednesday 10 March, a new record was set of 154,594 lots. This record was broken on Thursday 11 March, with a volume of 157,381 lots and again on Friday March 12, with a volume of 170,320 lots.

  • Hong Kong Futures Exchange February Volume 545,366 Contracts

    Date 22/03/1999

    545,366 futures and options contracts were traded on the Hong Kong Futures Exchange in February. The total for February was 679,900 contracts.

  • Hong Kong Futures Exchange Announces the Appointment of Morgan Stanley Asia Limited as Financial Adviser

    Date 22/03/1999

    The Hong Kong Futures Exchange has appointed Morgan Stanley Asia Limited as its financial adviser on the proposed demutualisation and merger of the Exchange with the Stock Exchange of Hong Kong and three associated clearing houses.

  • Cyprus Stock Exchange February Transactions Reach CYP128m in February

    Date 22/03/1999

    The total value of transactions during February reached CYP128 million in February with an average of CYP6,775 million per trading session.

  • CME QBI to Be Transferred To GLOBEX┬«2 Electronic Trading System

    Date 22/03/1999

    The CME Quarterly Bankruptcy Index (QBI) contract will be transferred to the GLOBEX®2 electronic trading system from its open outcry pit within the next several weeks. A final launch date will be determined pending final regulatory approval from the Commodity Futures Trading Commission.

  • Tokyo Stock Exchange to operate as a clearinghouse from May 1999

    Date 18/03/1999

    The Tokyo Stock Exchange (TSE) is to operate as a clearinghouse starting in May, 1999, in order to increase security of the safe settlements and reduce counterparty risk for market participants.