Mondo Visione Worldwide Financial Markets Intelligence

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  • Trading Suspension Of Indonesia Stock Exchange

    Date 09/10/2008

    Referring to the IDX announcement No. Peng-0436/BEI.PSH/U/10-2008 on October 8, 2008 regarding the trading suspension of IDX, herewith we announce that on October 9, 2008 the equities and derivatives trading in IDX will be closed.

  • Estonian Securities Market In The Third Quarter Of 2008

    Date 09/10/2008

    Slowed economic growth and more pessimistic forecasts have also affected the securities markets of Tallinn and the Baltic states. By the end of 3Q 2008, the NASDAQ OMX Tallinn stock exchange index (OMX Tallinn) had dropped to 471.39 points and the Baltic Benchmark index to 362.57 points. Compared to the same period last year, both indexes have lost nearly one-half of their value.

  • Based On New Legislation, The Icelandic Financial Supervisory Authority (FME) Proceeds To Take Control Of Kaupþing To Ensure Continued Commercial Bank Operations In Iceland

    Date 09/10/2008

    Domestic deposits are fully guaranteed, as declared by the Government Kaupþing´s domestic branches, call centres, cash machines (ATMs) and internet operations will be open for business as usual The objective of the FME´s action is to guarantee a functioning domestic banking system

  • Brent Crude Oil Futures Launched In Moscow

    Date 09/10/2008

    On October 8, 2008 a futures contract on Brent crude oil was launched on Futures and Options on RTS – FORTS market. The contract code on the trading system is BR. RTS is the Russian Trading System, Moscow’s leading international exchange.

  • Change In Senior Management At The European Central Bank

    Date 09/10/2008

    The Executive Board of the European Central Bank (ECB) has recently appointed the following persons: Mr. Frank Smets as Director General Research. Mr. Smets took up his duties on 15 September 2008. He succeeded Ms. Lucrezia Reichlin, who resigned from her position with effect from that date. Mr. Smets has held the position as Deputy Director General Research since 2005. Before joining the ECB in 1998, he held assignm