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Robert,
As a member of the SFE, could you refresh my memory as to what was the
driving force that enticed SFE to go electronic? And how is it working out
so far?
Thanks
Kevin
>
>Date: Thu, 17 Jun 1999 11:12:42 +1000
>From: Robert Bianchi <R.Bianchi@xxxxxxxxx>
>To: omega-list@xxxxxxxxxx
>Subject: Australian Markets
>Message-Id: <3.0.5.32.19990617111242.009fa370@xxxxxxxxxxxxx>
>Content-Type: text/plain; charset="us-ascii"
>
>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)
>
>
>
>
>
>
>/*/*/*/*/*/*/*/*/*/*/*/*/*/*
>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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