FTSE Mondo Visione Exchanges Index:

News Centre

News

NYMEX To Appeal Decision In ICE Litigation

Date 03/10/2005

The New York Mercantile Exchange, Inc. (NYMEX), was informed on Friday afternoon that Judge John G. Koeltl dismissed NYMEX's claims for copyright and trademark infringement against IntercontinentalExchange (ICE), arising out of ICE's copying of NYMEX's settlement prices for Henry Hub natural gas and light, sweet crude oil and related uses of NYMEX trademarks.
NYMEX To Appeal Decision In ICE Litigation

Date 03/10/2005

The New York Mercantile Exchange, Inc. (NYMEX), was informed on Friday afternoon that Judge John G. Koeltl dismissed NYMEX's claims for copyright and trademark infringement against IntercontinentalExchange (ICE), arising out of ICE's copying of NYMEX's settlement prices for Henry Hub natural gas and light, sweet crude oil and related uses of NYMEX trademarks.
NYMEX Announces New Market Data Fee Strucutre

Date 03/10/2005

The New York Mercantile Exchange, Inc. will revise its fees for all market data subscribers, effective on January 1, 2006.
Nymex Announces New Gasoline Options Contract

Date 03/10/2005

The New York Mercantile Exchange, Inc., today announced that it will introduce a New York Harbor reformulated gasoline blendstock for oxygenate blending (RBOB) options contract for open outcry trading, beginning on October 10.
NYMEX Announces Alternate Settlement Procedure For October 2005 Henry Hub Swing Swap Futures Contract

Date 03/10/2005

The New York Mercantile Exchange, Inc., announced today that will delay issuing a final settlement price for its October 2005 Henry Hub swing swap contract. Due to the force majeure declaration at the Henry Hub facility in Louisiana, the October 3, 2005, Platts Gas Daily did not publish a price for flow dates October 1 to 3 for the Henry Hub.

New Volume & Open Interest Records Set In September - KCBT Sets All-time Open Interest Record, Volume Record

Date 03/10/2005

September was another record-breaking month at the Kansas City Board of Trade as a number of new open interest records were set, along with and a new monthly volume record for hard red winter wheat futures.
NASD Orders ING Funds Distributor To Pay $1.5 Million Fine, $1.4 Million In Restitution For Permitting Improper Market Timing - NASD Also Sanctions ING Funds Distributor Supervisor

Date 03/10/2005

NASD announced today that it has ordered ING Funds Distributor (IFD) to pay a fine of $1.5 million for permitting improper market timing in ING funds and related violations - the largest fine NASD has imposed in a market timing case. NASD also ordered IFD to pay more than $1.4 million in restitution to the affected mutual funds, and imposed a $25,000 fine and 30-day supervisory suspension on IFD supervisor William L. Sessions.
NASD Fines Janney Montgomery Scott $1.2 Million For Market Timing And Other Violations - Orders Restitution Of Nearly $1 Million - NASD Also Sanctions Janney Managers

Date 03/10/2005

NASD announced today that it has fined Janney Montgomery Scott LLC, of Philadelphia $1.2 million for permitting improper market timing and related violations. In addition, NASD ordered the Philadelphia-based firm to pay nearly $1 million in restitution to the affected mutual funds.
NASD Fines First Allied Securities Over $400,000, Orders More Than $325,000 In Restitution For Market Timing Violations - NASD Also Fines And Suspends Broker

Date 03/10/2005

NASD announced today that it has fined First Allied Securities, Inc. of San Diego $408,000 for facilitating the deceptive efforts of three hedge fund customers to engage in improper market timing transactions. NASD also ordered First Allied to pay approximately $326,500 to reimburse the affected funds.
Michael Östlund & Company Fondkommission AB New Member At The Stockholm Stock Exchange

Date 03/10/2005

Michael Östlund & Company Fondkommission AB becomes a new cash member of the Stockholm Stock Exchange and will start trading in the SAXESS trading system as of today.