The Toronto Stock Exchange (TSX) has published a list of the first companies that will trade in its new US dollar trading book from 2 February. They are Alcan Inc, Angiotech Pharmaceuticals, ATI Technologies, Barrick Gold, Canadian Natural Resources, Inco,
Bank Austria Creditanstalt put out a release that emphasized the fact that although there are significant advantages associated with EU membership, the accession countries will also be faced with new challenges. "The period right before and after the EU entrance
The enlarged Japanese CSD JASDEC held industry wide tests on over the weekend of 10 11 January ahead of the introduction of delivery versus payment (DvP) for non exchange equity transactions. The tests were concluded successfully, reports a spokesman for
The number of trades on SETS, the London Stock Exchange's electronic order book, increased to 2.67 million (of which 131,884 were trades on SETSmm(tm)) in December 2003, a rise of 35 per cent on the number of trades in December
CanDeal, the institutional fixed income trading platform in Canada, has launched a Provincial Bond Market, after six weeks of live testing with a number of leading market participants. The CanDeal Provincial Bond Market aims to provide institutional investors price transparency
The Philippines Stock Exchange (PSE) has re imposed a transaction fee of 0.5 basis points per transaction on all trades. It became effective on 1 January.
Vrdipapircentralen (VP), the Danish CSD, saw record turnover in bonds last year, but its CEO foresees a revival of interest in equities in the year ahead. "The increasingly popular non callable adjustable rate loans and the launch of annuity loans
The major broker dealers are focusing on the wrong target by pressing stock exchanges, CSDs and CCPs to cut their costs. The most waste in securities trading, clearing and settlement is incurred through indirect costs such as IT development, auditing,
The Chicago Board of Trade (CBOT) says 2003 saw the highest yearly volume total ever recorded in the history of the exchange 454,190,749 contracts. Total volume was up 32.1 percent for the year. Volume in December was 34,987,155, up 51.7
The Kuala Lumpur Stock Exchange (KLSE) completed its conversion into a limited public company yesterday. The will now vest and transfer its stock exchange business to a new wholly owned subsidiary whilst the demutualized KLSE will become the Exchange Holding