FTSE Mondo Visione Exchanges Index:
News Centre
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Date 23/09/1999
ICICI Becomes First Indian Company To List On NYSE
The shares of ICICI, a leading Indian financial services company, began trading today on the New York Stock Exchange as American Depositary Receipts. ICICI is the first Indian company and the first non-Japanese Asian bank/financial-services company to list on the Exchange.
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Date 23/09/1999
European Stock Exchanges Agree Market Model - Electronic Market Of Markets For European Blue Chips By November 2000
In Brussels today the CEOs of the eight European exchanges (Amsterdam, Brussels, Frankfurt, London, Madrid, Milan, Paris, Swiss Exchange) agreed on the basis for trading in European blue-chip markets: The CEOs of the Alliance exchanges signed off a common market model for the most liquid European securities with common functionality, supported by harmonised rulebooks. They also agreed on one electronic interface. The market model and interface will be implemented by November 2000.
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Date 23/09/1999
CBOT Testimony Says Futures Regulation Is Out Of Step With Reality,Calls New Laws That Provide Fairness And Clarity
The antiquated laws governing U.S. futures trading threaten the competitiveness of U.S. markets and must be changed, the Chicago Board of Trade said today in testimony before the U.S. Senate Agriculture Committee.
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Date 22/09/1999
Establishment Of A Stock Market Section For Emerging Companies On The Tokyo Stock Exchange (Proposal)- Mothers (Market For The High-Growth And Emerging Stocks)
In order to revitalize the Japanese economy, it is essential to promote new industries that will play a major role for the coming generation. Adequate funds need to be allocated to such emerging companies through appropriate functioning of the securities market.
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Date 22/09/1999
Closure Of Simex's MSCI Taiwan Market
SIMEX announced today that its MSCI Taiwan stock index futures and options market is closed for the day in view of the continuing closure of the underlying Taiwan stock market.
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Date 22/09/1999
ASX Welcomes The Government's Business Tax Reforms
The Australian Stock Exchange ("ASX") welcomes the Government's recommendations for tax reform which respond to the Review of Business Taxation.
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Date 21/09/1999
Sao Paulo Stock Exchange After-Market
The São Paulo Stock Exchange recently launched the After-Market - trading after regular trading hours. The objective of this new trading session is to expand business opportunities by offering investors a more flexible time schedule and increased convenience. The After-Market's hours for cash market trading exclusively via BOVESPA'S electronic trading system run from 6:00 pm to 10:00 pm.
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Date 21/09/1999
New York Mercantile Exchange Names Two New Vice Presidents
The New York Mercantile Exchange board of director recently promoted Richard Jacobi to vice president of market data services and Arthur McCoy to vice president of financial surveillance.
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Date 21/09/1999
New Options To ASAS Rights British Steel/Koninklij
Provided that the bid for depositary receipts for Koninklijke Hoogovens N.V. shares becomes unconditional, as from Wednesday 6 October 1999 ASAS rights to British Steel/ Koninklijke Hoogovens shares will be listed on Amsterdam Exchanges’ stock market. These are rights issued by Amsterdam Exchanges for shares in BSKH plc.
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Date 21/09/1999
MEFF Renta Variable Initial Margins and Extended Trading Hours
At close of market session for next Friday September 24th, the Valuation Interval used to calculate Initial Margins will decrease from 800 to 700 Index points. From September 27th, the trigger for additional intra-day margins (margin call) is set at 550 Index points.
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