News Centre

NASD Hearing Panel Fines American Funds Distributors $5 Million For Directed Brokerage Violations

Date 30/08/2006

An NASD Hearing Panel ruled today that American Funds Distributors, Inc. (AFD) violated NASD's Anti-Reciprocal Rule by directing brokerage commissions to securities firms that were the top sellers of American Funds mutual funds from 2001 through 2003. The panel censured AFD and imposed a $5 million fine. Today's ruling resolves charges brought by NASD's Department of Enforcement in February 2005.

Itaubanco-PN (ADR) Share Increase In The S&P ADR Indices

Date 30/08/2006

Standard & Poor’s will make the following changes in the S&P ADR Indices effective after the close of trading on Friday, September 1, 2006: Itaubanco-PN (ADR) (Brazil, NYSE: ITU, CUSIP: 059602201, Sedol: 2849739) shares will increase by 68,518,100 to 595,496,100. The share increase is due to a merger with Bank Boston and Libero Trading.

Itaubanco – PN (ADR) Share Increase In The S&P Latin America 40 Indices

Date 30/08/2006

Standard & Poor’s will make the following change in the S&P Latin America 40 Index effective after the close of trading on Friday, September 1, 2006. Itaubanco – PN (Brazil, SEDOL: 2849739, GICS: Financials, Code: 40101010) ADR shares will increase by 68,518,100 to 595,496,100. The share increase is due to a merger with Bank Boston and Libero Trading.

ICEX Reactivates Its Calculation Of The Three-Month Fixed-Income Index

Date 30/08/2006

ICEX has reactivated its calculation of the three-month fixed-income index (ICEX-3M-NI). Now, ICEX calculates three non-indexed (i.e., without inflation protection) bond indices, with three-month, one-year and five-year duration. Also, ICEX calculates two inflation-indexed indices with a duration of five years and 10 years.

ICEX News & Views, 30 August 2006 - Volume 6, Issue 16

Date 30/08/2006

FTSE September 2006 Index Reviews

Date 30/08/2006

FTSE Group (FTSE), the global index provider, will announce the regular quarterly changes to the FTSE UK Index Series (including the FTSE 100, FTSE 250 and FTSE All-Share indices) after UK market close, on Wednesday 6th September 2006.

Euronext Delivers Robust First Half 2006 Results: Strong Top Line Growth

Date 30/08/2006

Revenues: €557.7m, up 20.9% on H1, 2005 Net Profit: €193.7m, up 97% EPS of €1.73, up 99% Euronext NV reports today a strong set of results for the first six months of 2006. Record revenues for the second quarter of the year enabled Euronext to achieve half-year revenues of €557.7m, up 20.9%, compared to the same period in 2005.

EEX: Intraday Trading Scheduled To Start On September 25, 2006

Date 30/08/2006

The European Energy Exchange (EEX) will start its Intraday Market on September 25, 2006, subject to the approval of the exchange council on September 22, 2006. The exchange is highly content with the progression of a first simulation, which took place in August and which has seen a total of 60 companies participating. A second and final simulation is scheduled to start on September 4, 2006, and will terminate on September 15, 2006.

Dow Jones Indexes & JS Group To Launch Islamic Index For Pakistan

Date 30/08/2006

Dow Jones Indexes, a leading global index provider, and JS Group, Pakistan’s premier financial group, today announced the launch of the Dow Jones-JS Pakistan Islamic Index. The index measures the performance of companies in the Pakistani stock market that pass screens for compliance with Islamic principles.

CFTC Staff Allows Mexican Derivatives Exchange’s Futures Contract Based on the Mexican Stock Exchange’s IPC Index to Be Offered and Sold in the United States

Date 30/08/2006

The Commodity Futures Trading Commission's (CFTC's) Office of General Counsel issued a no-action letter on August 24, 2006, permitting the offer and sale in the United States of the Mexican Derivatives Exchange’s (MexDer’s) futures contract based on the Mexican Stock Exchange’s Price and Quotation Index (IPC).