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egX Group Study for Securities Exchange Completed.

Publication: M2 Presswire
Publication Date: 29-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 February 2008-HEADLINES: egX Group Study for Securities Exchange Completed(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:29022008

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The stock on February 28, 2008 was up 11% early in the afternoon with above average volume.

On February 28, 2008 egX Group (TSX VENTURE:GFG) reported that it has completed and delivered a Design Study for the development and implementation of a new egX securities exchange for Europe (egX Europe). "Markets in Financial Instruments Directive" (MiFID) was officially enacted on November 1, 2007. MiFID impacts the establishment of the new proposed...

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