News Centre

KCBT Raises Minimum Margins - Increased Market Volatility Brings Higher Margins

Date 17/05/2006

The Kansas City Board of Trade has raised its minimum margins for wheat futures contracts. The changes, effective tomorrow, come as a result of increased market volatility and are as follows: Hard Red Winter Wheat Initial Maintenance

ISE Names New Officer

Date 17/05/2006

The International Securities Exchange (NYSE: ISE) said today that the Board of Directors elected Joseph W. Ferraro III, Legal Officer.

Industry Classification Benchmark Celebrates Stellar Progress In The Financial Industry - Over 50 Notable Financial Institutions Globally Adopt New Classification System - ICB Set To Become Industry Standard In 2006

Date 17/05/2006

The Industry Classification Benchmark (ICB), the joint classification system launched by FTSE Group (FTSE) and Dow Jones Indexes, celebrates a series of business wins in a range of sectors within the financial services arena around the globe. Russell Investment Group is the latest organization to switch its classification system to ICB. ICB will replace the current FTSE Global Classification Universe that was previously available to users of Russell’s REDE system.

FIX Protocol Ltd Hosts The FPL Canadian Electronic Trading Conference 2006

Date 17/05/2006

FIX Protocol Ltd (FPL) is proud to announce that the FPL Canadian Electronic Trading Conference 2006 will be held on May 31st at the Toronto Board of Trade. The event aims to bring together over 350 securities and derivatives industry leaders, and 30 sponsors and exhibitors to focus on enhancing both the Canadian and global trading processes, through the use of electronic trading technology and the FIX (Financial Information eXchange) Protocol.

Cyprus Stock Exchange: Review Of Developments For April

Date 17/05/2006

Monthly review of developmentsOn the last trading session of April 2006 , the General Index reached 2.689,31 points, representing a relative increase of 9,26 %. The value of shares traded also exhibited a decrease of 29,34 % compared to the previous month. It is worth mentioning however, that the highest level the index reached for the month was 2.729,06 points. The other Market Indices reached the following levels: Main Market reached 2.743,65 , Parallel Market 1.188,89 , Alterna

CFTC Commissioner Sharon Brown-Hruska Reported On Mymoney.gov Activities To The Financial Literacy And Education Commission

Date 17/05/2006

At the eighth meeting of the Financial Literacy and Education Commission (FLEC), Commissioner Sharon Brown-Hruska of the Commodity Futures Trading Commission (CFTC) and Chairman of the Financial Literacy and Education Commission’s website subcommittee, reported the latest enhancements to FLEC’s website – www.Mymoney.gov. Commissioner Brown-Hruska discussed the subcommittee’s last quarter activities as well as

CBOE Tops Five Million Contracts Traded On Wednesday, May 17 - New Single Day Trading Records Set In Options On iShares Russell 2000 Index Fund (IWM) And S&P 100 Index (XEO)

Date 17/05/2006

The Chicago Board Options Exchange (CBOE) announced today that reported trading volume on Wednesday, May 17, topped the five million contract mark for the third time this year. Today's reported volume of 5,200,488 contracts traded, ranks as the third busiest day in CBOE history.

CalPERS Bans Investment In Nine Companies Tied To Sudan - Pension Fund Adopts Sudan Position Statement

Date 17/05/2006

The California Public Employees' Retirement System (CalPERS) Board of Administration this week voted to ban investments in nine companies that do business in Sudan.

Actively Managed Canadian Equity Funds Lag Indices In Q1 2006, Says S&P - Less Than 1 In 3 Actively Managed Canadian Equity Funds Outperformed The S&P/TSX Composite Index In Q1 2006.

Date 17/05/2006

Actively managed mutual funds in the Canadian and U.S. equity categories lagged their respective benchmarks (the S&P/TSX Composite Index and S&P 500 Index) in the first quarter of 2006, Standard & Poor’s said today. According to the Standard & Poor’s Indices Versus Active Funds Scorecard (SPIVA) for Canada, the S&P/TSX Composite Index outperformed 69.8% of actively managed Canadian equity funds through March, while the S&P 500 Index (measured in Canadian dollars) outperformed 61.4% of U.S. equit

UK's Financial Services & Markets Tribunal Decision - Paul Davidson & Ashley Tatham

Date 16/05/2006

The Financial Services & Markets Tribunal has reached its judgment in respect of the Financial Service Authority's (FSA) case against Mr Davidson and Mr Tatham. The FSA received the tribunal's decision late this afternoon. It is a long and complicated judgment which is currently being studied by the FSA. If necessary the FSA will comment subsequently on the decision.