FTSE Mondo Visione Exchanges Index: 99,387.00 -660.17

News Centre

News

New York Attorney General Cuomo Announces Important New Developments In His Investigation Of AIG

Date 22/10/2008

Today Attorney General Cuomo sent the attached letter to Edward Liddy, the CEO of AIG. The letter sets forth that: (1) AIG will freeze any payments under former-CEO Martin Sullivan's $19 million contract; and (2) AIG has confirmed that no payments will be made out of the $600 million compensation and bonus pools of the Financial Products subsidiary. The letter also states the Attorney General's position that taxpayers should be repaid before any executives and that new executive pay structures s
SIFMA Welcomes US-Led Global Summit On Economic Turmoil

Date 22/10/2008

Tim Ryan, president & CEO of the Securities Industry and Financial Markets Association (SIFMA), welcomed today’s announcement of a global summit:
Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

Date 22/10/2008

Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Wednesday, October 22, 2008:
KCBT Wheat Daily Price Limit At 60 Cents - Daily Price Limit For Trade Date October 23, 2008 At 60 Cents

Date 22/10/2008

Price limits for KCBT hard red winter wheat futures are at 60 cents for trade date October 23, 2008 (effective with the October 22 evening session).
Standard & Poor’s Announces Updates To The Methodology For The S&P Europe 350 Dividend Aristocrats Index

Date 22/10/2008

With the next quarterly rebalancing, Standard & Poor’s will make changes to the methodology for the S&P Europe 350 Dividend Aristocrats Index, effective after the close of trading on December 19, 2008.

USA Treasury Names Interim Chief Investment Officer For TARP

Date 22/10/2008

The Treasury Department named James H. Lambright this week to serve as the interim Chief Investment Officer for the Troubled Asset Relief Program authorized by Congress earlier this month.
SEC Announces Fiscal 2008 Enforcement Results - Agency Brings Second-Highest Number Of Actions Ever - Significant Increase In Insider Trading And Market Manipulation Cases

Date 22/10/2008

The Securities and Exchange Commission today announced that the second-highest number of enforcement actions in agency history took place in fiscal year 2008. For the second year in a row, the SEC also returned more than $1 billion to harmed investors through Fair Fund distributions.
Marco Strimer, CEO Of SIX x-clear, The Central Counterparty (CCP) And Licensed Swiss Bank, Comments On The Clearing Landscape Following The Depository Trust & Clearing Corporation/LCH.Clearnet Merger Announced This Morning

Date 22/10/2008

"As a proponent of the user-owned, user-governed model we welcome LCH.Clearnet's shift to the at-cost based structure which we have operated since our inception. As we have seen with Lehman Brothers, risk management is the most important function of a CCP and has proven critical at time of default. Given the rapidly changing market environment real-time calculation of risk exposures is the best form of risk management and we strongly believe it should be standard across the industry.
Eurex Supports European Commissioner Mccreevy’s Request To Improve Credit Derivatives Markets In Trading And Clearing - Eurex Can Immediately Provide A Global Solution For Trading And Clearing Of Credit Derivatives - Eurex Clearing To Bring Its Expertise

Date 22/10/2008

The world’s leading derivatives exchange and clearing house Eurex today said, it shares the European Commissioner McCreevy’s call for action to improve market infrastructure in trading and clearing of OTC derivatives, most importantly credit default swaps (CDS).
Warsaw Stock Exchange: Derivatives Market Three Quarters Into 2008

Date 22/10/2008

Three quarters into 2008, the WSE maintains a high fourth place in Europe regarding index futures contracts volumes. WIG20 futures contract is on 8th place among European index contracts. WIG20 options are on 12th place in terms of turnover volume among European index options.