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  • RTS Stock Market: Repo Trading Resumed

    Date 08/10/2008

    In accordance with the Federal Financial Markets Service’s instruction, Repo trading on the RTS Stock market was resumed at 4pm Moscow time.

  • Clearstream Rises Value Of Assets Under Custody By 1.2 Percent To €10.8 Trillion In September

    Date 08/10/2008

    In September 2008, the value of assets under custody held on behalf of customers registered a 1.2 percent rise at € 10.8 trillion (compared to € 10.7 trillion in September 2007) despite a decrease in equities’ market value. Securities held under custody in Clearstream’s international business experienced a rise of 10.8 percent from € 4.9 to € 5.4 trillion and domestic German securities held under custody decreased by 6.8 percent from € 5.8 trillion to € 5.4 trillion.

  • NYSE Euronext Launches Pan-European MTF With Support From EuroCCP - Plan Is To Offer Multiple Clearing Solutions In 2009

    Date 08/10/2008

    NYSE Euronext, the world's leading and most diverse exchange group, today announced it has appointed EuroCCP, a wholly-owned subsidiary of the Depository Trust & Clearing Corporation (DTCC) based in London, as clearer from day one of the launch of its Multilateral Trading Facility (MTF). EuroCCP will act as a Central Counterparty (CCP), enabling anonymous post-trade processing, providing netting and a full range of risk management services to NYSE Euronext’s new pan-European MTF. The MTF is s

  • UK's Financial Services Authority Welcomes Government Measures To Support Banking System

    Date 08/10/2008

    The Financial Services Authority (FSA) today welcomed the support package for banks announced by the Government this morning.

  • SGX Publishes Listing Rule Waivers With Reasons

    Date 08/10/2008

    Singapore Exchange Limited (SGX) today introduced a new initiative to enhance transparency in the markets by publishing the rule waivers and the basis for granting the waivers to listed companies. SGX has also included the reasons for the rule waivers to provide market participants with a better understanding of the basis of approvals. SGX will publish the waivers quarterly, beginning with the period from July 2008 to September 2008.

  • US Federal Reserve And Other Central Banks Announce Reductions In Policy Interest Rates

    Date 08/10/2008

    Joint Statement by Central Banks Throughout the current financial crisis, central banks have engaged in continuous close consultation and have cooperated in unprecedented joint actions such as the provision of liquidity to reduce strains in financial markets.

  • Bank Of England Reduces Bank Rate By 0.5 Percentage Points To 4.5%

    Date 08/10/2008

    The Bank of England's Monetary Policy Committee today voted at a special meeting to reduce the official Bank Rate paid on commercial bank reserves to 4.5%.

  • HKFE Announces Revised Margins For Cheung Kong Futures

    Date 08/10/2008

    Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Friday, 10 October 2008, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company's normal procedures and standard margining methodolog

  • HM Treasury: Landsbanki, Icesave And Heritable

    Date 08/10/2008

    Acting on the advice of the Bank and Financial Services Authority (FSA), and in light of announcements made by the Icelandic authorities in recent days, the Chancellor has taken action today to protect the retail depositors in two Icelandic owned banks: Icesave, a UK-based branch of Landsbanki and Heritable, a UK-based banking subsidiary of Landsbanki. He has taken this action to ensure the stability of the UK financial system. Savers’ money is safe and secure.

  • FSA Update On Lehman Brothers International (Europe) In Administration's Outstanding Settlement Transactions

    Date 08/10/2008

    Following consultation with, and the agreement of, the Financial Services Authority (FSA), as well as consultation with the joint administrators of Lehman Brothers International Europe (LBIE) and other market participants, Euroclear UK & Ireland (EUI) which operates the CREST settlement system has instructed its members that all outstanding settlement instructions involving Lehman be match deleted by LBIE and counterparties.