1.   Preferred ordinary shares will represent the institutional equity, giving rights, in terms of income or on a winding up, in preference to those of management.

2.   Deutsche Morgan Grenfell Group Plc said its Canadian branch bought Toronto-based DFI Securities Inc., an institutional equity sales, research and trading company.

3.   Douglas Kass, director of institutional equities with JW Charles in Boca Raton, Fla., recommends gold and silver stocks, the ultimate cyclical investments.

4.   Ed Pennock, president of privately held DFI, will direct the combined institutional equities operation in Canada.

5.   Gordon had been the executive vice president in charge of institutional equity marketing at PaineWebber International since last year.

6.   He cited strengths of the combined establishment in research, institutional equity operations, fixed-income securities, and mergers and acquisitions.

7.   He will report to Stuart Robbins, managing director in charge of the institutional equities division.

8.   The unit aims to set up an institutional equities trading desk in Japan by December, and start direct sales of mutual funds to individual investors early next year.

9.   The unit aims to set up an institutional equities trading desk in Japan by December and start direct sales of mutual funds to individual investors early next year.

10.   An institutional equity broker with Trimegah Securities said most companies bought their own stocks to make a good closing price by the end of this year.