The Financial Express -- Markets

Saturday, December 13 1997

BSE to advance pay-out schedule by 2 days

The Bombay Stock Exchange (BSE) proposes to reduce the number of days separating pay in and pay out exercise. Currently, the pay in takes place on Thursday and pay out on the following Monday. The exchange now proposes to bring forward the pay-out day to Saturday.

Indigo Tech bags contract for developing ISE's software

Inter-connected Stock Exchange of India (ISE) has decided to go ahead with the consortium headed by Indigo to develop the requisite software for trading, clearing and settlement systems and the trading hardware for the exchange. The other members of this consortium are Tandem Computers and Compaq Computers.

Experts caution India on derivatives

Joseph Mariathasan, director of Commercial Union Investment Management and Iona J Levine, derivatives practice, from Hammond Suddards, one of the leading solicitors from London have cautioned India on its all-round efforts to introduce this new product in the country. The SEBI-appointed LC Gupta committee is expected to submit its report on derivatives by end-December.

RBI rushes in as spot rupee softens to 39.77

Silver prices react sharply; G'nut oil continues to remain bullish

Indigo Tech bags contract for developing ISE's software

Seoul share prices plunge to 10-year low

SEBI suspends CSE member

Firm recovery likely on Monday

Pampasar yet to carve a niche in civilian market

BSE to advance pay-out schedule by 2 days

"Commodity derivatives

Asia currencies panic as Korean economy takes a knocking

Experts caution India on derivatives

Market Round-up -- Call Money

Burmese kyat dips to record low against dollar

Japan witnesses a red November as bankruptcies mount