The Kuala Lumpur Stock Exchange (KLSE) recently amended the KLSE Listing Requirements to provide companies more flexibility with Share Buy Backs. Effective November 1, listed companies will have the option to issue a "Share Buy Back Statement," a document containing
Russell Mellon CAPS has announced the acquisition of FT Interactive Data's Edinburgh based index distribution operation, which provides index data services to 27 asset managers in the UK. The existing service includes data collection, reconciliation, formatting and distribution of third
The Bank of New York has announced that it has been selected by ABN AMRO Investment Fund Services, Inc. to provide a full spectrum of investment manager outsourcing services for its new managed account offering. The Bank, through its global
SIS SegaInterSettle, the Swiss ICSD, today reminded its users that the SECOM settlement system will be ten years old tomorrow. SECOM (or the Settlement Communication System) settled its first transaction on 4 October 1993. "The settlement was executed in real
Equity turnover on HEX Integrated Markets, the four newly integrated markets of Stockholm, Helsinki, Tallinn and Riga, averaged Euros 1,931 million a day in September, to hit a monthly total of Euros 42.5 billion. This was a record, at least
Interactive Data Corporation and Moneyline Telerate have formed a strategic alliance. Moneyline Telerate will integrate Interactive Data Corporation data sets and applications into its workstation and interactive feed products to create a support tool for pre trade, trade and post
The Korea Stock Exchange (KSE) will introduce covered warrants with the underlying asset being listed shares or market indices in the first half of 2004. The KSE is currently reviewing the operational details with securities firms before seeking approval from
On August 27, 2003, the Board of Directors of OM HEX AB extended the exchange offer to the shareholders in HEX to give shareholders who had not yet tendered their shares to accept the Offer. The extended Offer period expired
Daimler Chrysler CEO Juergen Schrempp has become the second New York Stock Exchange (NYSE) board member to resign following the resignation of NYSE chairman Richard Grasso. On Saturday, a spokesman for the German automaker confirmed a weekend German newspaper report