1.   A SLUMP in the traded prices of derivative warrants has forced issuers to consolidate them.

2.   He said the timetable for submission of documents supporting derivative warrant listing applications had been amended to reflect current processing times.

3.   However, it said it could not give assurance that after consolidation, derivative warrants would trade at a higher price than before.

4.   Stock exchange officials said the economic crisis and the resulting slump in stock market prices had forced down the prices of many derivative warrants, prompting the consolidation.

5.   These activities include derivative trading, particularly in index futures and derivative warrants, and borrowing and short selling of stocks.