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  • 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.

  • 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.

  • Nymex To Increase Platinum Margins

    Date 11/10/2000

    The New York Mercantile Exchange will raise the margins on its October 2000 platinum futures contract as of the close of business today to $3,600 from $1,600 for clearing members; to $3,960 from $1,760 for members; and to $4,860 from $2,160 for customers.

  • Nasdaq Announces Creation of The Nasdaq-100 Pre-Market Indicator - Tracks Nasdaq-100 Stocks In Pre-Market Trading - Helps Investors Better Assess Market Prior To Opening - Updated every 60 Seconds From 8:30 a.m. To 9:30 a.m. On www.nasdaq.com, Beginning T

    Date 11/10/2000

    In response to growing demand for better information to gauge investor sentiment prior to the stock market open, The Nasdaq Stock Market, Inc., today announced the creation of The Nasdaq-100 Pre-Market IndicatorSM. Available on www.nasdaq.com, a leading online resource for financial news and information on the stock market. Nasdaq designed The Nasdaq-100 Pre-Market Indicator to help investors assess pre-market trends and predict opening prices for the market based on actual pre-market trading da

  • ASX Ownership Limits Freed Up

    Date 10/10/2000

    The Minister for Financial Services & Regulation, Joe Hockey, today announced plans to free up the ownership limits on the Australian Stock Exchange.

  • EASDAQ Offers Non-professional Users Streaming Real-time Prices From EASDAQ And Nasdaq, Free Of Charge

    Date 10/10/2000

    Until November EASDAQ is offering non-professional users the chance to receive streaming real-time prices from EASDAQ and Nasdaq, completely free of charge.

  • Comments By Olof Stenhammar, Chairman, OM Group On Recent Press Reports Concerning Sweden's Bid For The 2004 Olympics

    Date 10/10/2000

    'Some recent press reports have been critical about my role in trying to secure the 2004 Olympic Games for Sweden. Earlier this year, the Swedish Prosecutor closed his investigation into the company set up to make the bid for the Games. He had found no evidence of any wrongdoing on my part or that of the company.

  • OM Gruppen AB Interim Report January - September 2000

    Date 10/10/2000

    OM keeps delivering: Per E. Larsson, President & Chief Executive Officer, OM Gruppen, said. 'I am delighted to be able to report another set of record results with increased income, profits, and earnings per share. Our technology business continues its rapid growth, now contributing 42% to total revenues. These results further validate our growth story and strong prospects.

  • Nasdaq And OptiMark Strike Key Partnership To Develop New Technology

    Date 10/10/2000

    The Nasdaq Stock Market®, the world's largest equities stock market, and OptiMark, Inc., a leading provider of exchange solutions to electronic marketplaces and communities, announced today a long term, multi-million dollar agreement to utilize OptiMark's technology development capabilities to enhance Nasdaq's systems. Work is expected to begin immediately.