Search

Reports the plan of London Stock Exchange to improve Sets, an electronic order book trading system in London, England. Formation of a brokers services group; Comparison with the Xetra trading system of Deutsche Borse; Importance of developing and maintaining an electronic platform.

Reports on the London Stock Exchange's service enhancements for its share trading facilities. Ability of British-based retail investors to gain access to blue chip companies in Continental Europe under the International Retail Service; Inclusion of the emerging market stocks to the Sets electronic order book trading system; Addition of a crossing mechanism for FT-SE 250 stocks. INSET: Financial Fusion Gets Swiftnet OK.

Reports the plans for global business expansion by the London Stock Exchange (LSE) and London International Financial Futures and Options Exchange in London, England. Introduction of covered warrant trading in London; Proposal of LSE to merge with Euronext; Details on the auction of Liffe company.

Reports the launch of a software module, SmartStream Reconciliations, from SmartStream Technologies in London, England. Usage of the module; Capabilities of the software; Benefits derived from the use of the module.

Reports the plan of London Stock Exchange (LSE) to purchase the London International Financial Futures Exchange (Liffe) in England. Selection of Credit Suisse First Boston as the financial adviser of Liffe; Evaluation of the bids; Speculations on the appointment of Hawkpoint Partners as the corporate finance adviser of LSE.

Reports the creation of vertical silos of European Commission and the tolerance against practice of restricting access exchange in London. Dismissal of proposals for the Investment Services Directive multi-tiered regulatory framework; Acknowledgement on broker-dealers and investors; Proposal on extension of regulatory passport arrangement for exchanges.

Reports on the London Stock Exchange's plans to begin listing its own shares and abolish regulation limiting holdings to its stock. Possibility of acquisitions resulting from the exchange's shift of strategy; Trends in the financial services market which influenced the exchange's move.

Discloses a plan of the Great Britain Financial Services Authority (FSA) to change the way price-sensitive corporate announcements are made to investors. Review of the process; Monopoly enjoyed by the London Stock Exchange's Regulatory News Service; Aim of the changes planned by the FSA.

Focuses on chief executive officer of the Clearstream, Andre Lussi's responds to London Stock Exchange chairman Donald Cruickshank's comments critizing European central securities depositories, during the Edmond Israel Foundation conference on 'Capital Markets Without Borders' in London. Lussi's arguments on the efficiency of the Clearstream model of integrated trading and clearing for securities.

Reports on the partnership between Nasdaq Stock Market Inc. and the London International Futures and Options Exchange (Liffe). Positive impact of the deal for Liffe; Terms and conditions of the agreement; Use of the LiffeConnect electronic trading platform to provide the transactional functionality for Nasdaq.

Reports the establishment of a network connection by Virt-x company specializing in European blue-chips stocks and stock exchanges in London, England. Volume of trading via Virt-x; Need for a high-specification gateway; Direct connections from the order management systems via proprietary interfaces.

Reports on the possible effect of the launching of market data markup language (MDDL) to traditional market data vendors in London, England. Advantages of MDDL to market data vendors; Description of data standards; Reasons for removing the need for multiple datafeed handlers.

Reports the pursuit of the London future markets by London Stock Exchange, Euronext and Deutsche Borse in London, Great Britain. Presentation to the board of directors of the London International Financial Futures and Options Exchange (Liffe) by three stock exchanges; Set of deadline by Liffe; Pursuance on existing independent strategy.

Examines the reduction or abolition of stamp tax levied on securities transactions in Great Britain. Increase of turnover on London Stock Exchange (LSE); Growth on securities prices; Improvement on the LSE business.

Reports the selection of Hawkpoint Partners as finance adviser of London Stock Exchange in England. Speculations on the probable takeover on London International Financial Futures Exchange (Liffe); Shares trading of Liffe; Refusal of both companies to comment on the issue.

Reports the development of research web site aimed to provide customized searching for buying clients of Brown Brothers Harriman in London, England. System features; Applications of the system; Advantages of the system for the proprietary platform of the company.

Reports the decision of London Stock Exchange (LSE) to charge users for the Regulatory News Services (RNS), the announcement services of the company in London, England. Factors affecting the decision of LSE; Liberation of LSE from running the RNS for free; Views of corporate users on the decision.

Reports that the London Stock Exchange has picked Worldcom to install and manage the exchange's next generation network to link all exchange users. Provision of extra capacity to the exchange; Provision of price, data and direct connectivity to third parties.

Deals with the unilateral initiative taken by the London Stock Exchange (LSE) to start the process of dematerialization of British securities certificates. Provision of an electronic register; Example set by the LSE in moving from paper-based holding of certificates to electronic holdings; Absorption of the cost incurred in transactions with the central securities depository of Great Britain.

Reports the relocation plans of London Stock Exchange in Paternoster Square in London, England. Impact of the introduction of electronic trading on the company; Schedule for relocation; Increase in number of stocks available via its International Retail Service.

Informs that the London Stock Exchange (LSE) has sold its electronic trading order book system, Sets, to the JSE Securities Exchange South Africa. First time the LSE has sold its platform to another exchange; South African exchange's adoption of Sets as its electronic trading facility.

Reports that the Fidelity International Ltd. has acquired a stake in stock in the London Stock Exchange (LSE). Requirement for the company to make a public notification on large shareholdings under the stock exchange regulations of Great Britain; Speculations about whether the LSE will list shares in itself; Trading of the LSE shares in the off-the-floor market.

Reports on the commencement of the operations of the central counterpart facility of the London Stock Exchange (LSE) depository Crest and the London Clearing House Ltd. from trades on the LSE Sets electronic order book system. Introduction of a netting facility in 2002; Impact on anonymous trading in equities on the LSE; Criticisms on the facility.

Reports the efforts of London International Financial Futures Exchange (Liffe) to ensure no further systems failure that may jeopardize the launching of universal stock futures (USF) in London, England. Commencement of the trading; Significance of the reengineering of the platform; Error in the verification device.

Reports that Financial Services Authority in Great Britain is rethinking the way company announcements are publicized over the London Stock Exchange's Regulatory News Service (RNS). Possible alternatives for the future of RNS; Biggest changes in the market for RNS.

Reports that the London Stock Exchange is conducting advanced testing of its central counter party service, which it plans to launch in February 2001. Clearance of trades conducted through the exchange's electronic transaction systems; Operation of the service through the exchange's EquityClear product.

Reports on the Bond Market Association's establishment of an office in London, England. Reflection of the globalization of fixed-income markets; Reduction of systemic risks within the markets.