FTSE Mondo Visione Exchanges Index:

News Centre

News

SEC Charges Unregistered Hedge Fund With Fraud

Date 25/02/2009

The Securities and Exchange Commission today charged a Pearl River, N.Y., investment management firm and its principal for operating a large-scale scheme that defrauded hundreds of investors of millions of dollars by providing them with misleading marketing materials that significantly overstated investment returns and by misrepresenting the value of the assets under management.
CFE To Introduce Trading In CBOE Mini-VIX Futures March 2

Date 25/02/2009

The CBOE Futures Exchange, LLC (CFE) today announced that on Monday, March 2, it plans to launch trading in CBOE mini-VIX futures, a new contract which will be one-tenth the size of CFE's standard CBOE VIX futures contract.The CBOE Volatility Index (VIX), based on real-time S&P 500 Index (SPX) options listed on Chicago Board Options Exchange (CBOE ), reflects investors' consensus view of future expected market volatility of the S&P 500 Index.
CME Group Announces The Launch Of New Average Price Options Contracts

Date 25/02/2009

CME Group, the world's largest and most diverse derivatives exchange, today announced four new average price options contracts, scheduled to begin trading on March 8 for trade date March 9. These contracts are listed with, and subject to, the rules and regulations of NYMEX. The products will be available through the CME ClearPort®, an open clearing system, and the New York trading floor.
State Aid: European Commission Provides Guidance For The Treatment Of Impaired Assets In The EU Banking Sector

Date 25/02/2009

The European Commission has provided guidance on the treatment of asset relief measures by Member States. Impaired assets correspond to categories of assets on which banks are likely to incur losses (e.g. US sub-prime mortgage backed securities). The Commission considers that a common European approach is presently needed to deal with the treatment of impaired assets, to make sure that foreseeable losses are disclosed and properly handled and banks can u
Joaquín Almunia, European Commissioner For Economic And Monetary Policy, The European Economy And The Crisis: Policies For Recovery - Conference EEAG Report On The European Economy Brussels, 25 February 2009

Date 25/02/2009

Ladies and Gentlemen, Let me start by thanking the European Economic Advisory Group as well as Bruegel, for inviting me to this conference. In these difficult and highly uncertain times, it is useful to exchange views on the economic situation and discuss policy options.

José Manuel Durão Barroso, President Of The European Commission, Opening Remarks, Press Point With Jacques de Larosière, Brussels, 25 February 2009

Date 25/02/2009

Good afternoon Ladies and Gentlemen. Today's Commission meeting had a very heavy agenda. I know that you already met some members of the Commission. We started by receiving the representative of the European Union social partners. We adopted an important communication on the automobile industry. We took important decisions regarding the guidelines for impaired assets in the banking sector. And we received the report of the high level group that I have created under the leadershi
NASDAQ Dubai To Amend Opening Times To Five-Day Week

Date 25/02/2009

NASDAQ Dubai yesterday announced amendments to its opening times, after consultation with its Members and other participants in its market.
Monetary Authority Of Singapore Implements Revised Unsecured Credit Rules For Financial Institutions

Date 25/02/2009

The Monetary Authority of Singapore (MAS) announced today that the revised rules for unsecured credit will be implemented on 1 March 2009. This follows extensive consultation jointly conducted by MAS and the Ministry of Law (MinLaw) with the industry and public in 2006 and 2007, where we received much feedback. MAS and MinLaw carefully considered the feedback so that while we apply a common set of rules for unsecured credit to financial institutions (FIs) regulated by MAS and moneylenders reg
CFTC Charges South Florida Firm, Zurich Futures & Options, Inc., And Michele LaBruce With Defrauding Customers Of Over $1.4 Million In Commodity Options Scam - Zurich Falsely Claimed That It Was Registered With The CFTC And A Member Of The National Future

Date 25/02/2009

The Commodity Futures Trading Commission (CFTC) announced today the filing of an enforcement action against Zurich Futures & Options, Inc. (Zurich) and Michele LaBruce, both of Hollywood, Florida, charging them with fraudulent solicitation of customers, using false claims of CFTC registration and membership with the National Futures Association (NFA), and with operating as an unregistered Introducing Broker (IB).
CME Group Statement On Media Access To Trading Facilities

Date 25/02/2009

CME Group, the world's largest and most diverse derivatives exchange, has issued the following statement regarding media access to CME Group trading facilities: