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The Sydney Futures Exchange (SFE) has made 4th October 1999 as the date to
go fully electronic. Although I really doubt it. Alot of the SFE members
(including myself) have doubts that they will close the floor 3 months
before Y2K. The speculation is that they will probably delay the floor
closure until Jan/Feb 2000.
The most liquid products on the SFE are:
* Australian 90 day Bank bills ("bank bills" are the 90 day debt securities
issued by Aussie banks)
* Commonwealth 3 yr bond (the Fed Govt 3 yr bond future, it's the most
liquid futures on the SFE)
* Commonwealth 10 yr bond
* Share Price Index or SPI (the stock index future to the Aussie All ords
index)
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Robert J Bianchi - Director
Venitia Pty Ltd
Email : r.bianchi@xxxxxxxxx
Phone : 61-7-3899 9998
Fax : 61-7-3899 8605
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