1.   Those parts of the world which were excluded from this new exchange simply vanished.

2.   Repatriation of profits would be possible by converting roubles into hard currency on the new exchanges.

3.   BT engineers will perform an early morning switch-on operation to bring to life the new computerised digital exchange the most modern telephone exchange technology in the world.

4.   Also being considered by exchange members is what to call the new exchange.

5.   Among the redeeming features of a new electronic exchange would be the technologies that make for fast trading and efficient execution, Mr. Simon said.

6.   As the democratization of the market continues, the new private exchanges promise to give the same power to the small investor.

7.   Braking a run on reserves is essential if the government is to be successful in protecting the bolivar and its new exchange policy.

8.   A name for the new exchange has not yet been chosen.

9.   A new for-profit exchange called Tradepoint Financial Networks plans to provide an electronic, Europe-wide securities trading service.