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Quarterly Rebalancing For S&P/MIB Index
Date 13/12/2005
Standard & Poor’s as part of the quarterly rebalancing, will change the shares outstanding and the Investible Weight Factors for the S&P/MIB effective at the open of business Monday, December 19, 2005.
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Peter Freeman Appointed As New Competition Commission Chairman
Date 13/12/2005
Peter Freeman has today been appointed as the new Chairman of the Competition Commission (CC).
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NYSE Composite Index Sets New Closing High
Date 13/12/2005
The New York Stock Exchange Composite Index® (NYA) closed at a new high of 7825.00. The previous closing high for the NYA was 7790.99 on Dec. 12.
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NYBOT Announces Hungarian Forint Futures Contract Actions
Date 13/12/2005
The New York Board of Trade® (NYBOT®) announced today that effective with the March 2006 futures contracts, the Exchange is implementing amendments to its rules concerning the Last Trading Day for the euro-forint and the dollar-forint futures contracts. The amendments provide that the last trading day for these contracts will be the second business day prior to the third Wednesday of the expiry month. The change makes the last trading day for these contracts consistent with last trading day pr
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November 2005 Performance Review Of The Dow Jones Hedge Fund Strategy Benchmarks - A Monthly Report From Dow Jones Indexes On The Performance Of The Dow Jones Hedge Fund Strategy Benchmarks
Date 13/12/2005
Five of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted gains in November. Convertible arbitrage was the only benchmark down for the month and is the only strategy in drawdown for 2005.
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NASD Orders Chase Investment Services To Pay More Than $290,000 For Permitting Hedge Fund to Market Time Mutual Fund Shares - Firm To Pay $150,000 Fine And Restitution To Funds Totaling $140,262
Date 13/12/2005
NASD announced today that it has ordered Chase Investment Services of Chicago, IL, to pay more than $290,000 for failing to have an adequate supervisory system and controls in place to prevent deceptive market timing by one of its hedge fund clients. The firm was fined $150,000 and ordered to pay a total of $140,262 to the affected mutual funds.
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NASD Cautions Investors About Cell Phone Spam Touting Hot Stock Tips
Date 13/12/2005
NASD today issued an Investor Alert, Beware of "Hot" Stock Tips on Your Cell Phone, warning investors of a new version of a "pump-and-dump" scheme that has made its way into investors' cell phones. NASD is issuing this Alert because it is aware of instances in which stocks are hyped through cell phone text messaging.
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London Stock Exchange Statement Re. Press Comment
Date 13/12/2005
London Stock Exchange plc notes the article in this morning's Daily Telegraph under the heading "LSE hits at 'asset stripper' predator". The Exchange wishes to clarify that it has not authorised any of its spokesmen to use the phrase "financial asset stripper" and, to the best of its knowledge and belief, none of their spokesmen have done so. The Exchange continues to reject outright last week's Macquarie proposal which fundamentally undervalues the Company.
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Kansas City Board Of Trade Trading hours For Christmas and New Years holidays set
Date 13/12/2005
In coordination with U.S. stock and commodity exchanges, the Kansas City Board of Trade will observice the following Christmas and Thanksgiving holiday schedules:
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Emirates Technologies Signs Up As A Market Data Vendor On Dubai International Financial Exchange
Date 13/12/2005
The Dubai International Financial Exchange has signed Emirates Technologies LLC, a UAE company, as a market data vendor. The agreement was signed by Mr. Nasser Al Shaali, Chief Operating Officer of DIFX and Mr. Abdul Rahim Sultan, General Manager of Emirates Technologies. Emirates Technologies aims to be the first company to introduce online trading for brokers on the DIFX market through mobile phones. The company will also distribute DIFX market data through mobile phones as well as other chann
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