Cents & sensibility

Should Deutschmark and French franc bonds be converted to the nearest euro, or to two decimal places - to the nearest euro cent? Arcane as this discussion may seem it has come close to fisticuffs among the Perrier and sandwiches as government officials and trade bodies try to ensure a liquid euro securities market in 1999.

SEC rules not OK

The globalization of the securities markets can put issuers and underwriters in breach of us law without their realizing it.

Bolsa hits the big time

Foreign funds are reducing their holdings in the relatively expensive Spanish equity market but domestic demand is mopping this up - and more.