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  • SEC Sues Online Adviser For Conduct Involving “Auto-Trading” - Online Adviser Conducting “Auto-Trading” Program Uses Misleading Performance Projections

    Date 01/07/2005

    The Securities and Exchange Commission today announced the filing of civil charges against Terry’s Tips, Inc., a Vermont corporation, and Terry F. Allen, of Ferrisburg, Vt., for violations related to their operation of “auto-trading” programs. The Commission alleges that Terry’s Tips and Allen used misleading performance projections in marketing the auto-trading programs to clients.

  • Paul Druckman Re-Appointed - UK's Financial Reporting Council

    Date 01/07/2005

    Gerry Sutcliffe, UK's Minister for Employment Relations and Consumer Affair, has confirmed the re-appointment of Paul Druckman as a director of the Financial Reporting Council (FRC).

  • Oslo Børs: Monthly Statistics For Equities 2005

    Date 01/07/2005

    Indices, turnover per sector, winners and losers, key figures per instrument, shareholder structure, new issues and new listings last month and year to date. The archive includes monthly statistics from May 2001.

  • OMX Introduces A Common Global Industry Classification Standard From July 1

    Date 01/07/2005

    As a part of the integration of the Nordic and Baltic securities markets, all six OMX exchanges will as of today use the same Global Industry Classification Standard (GICS) for classifying listed securities. The listed securities in Helsinki, Tallinn, Riga and Vilnius have now been classified in accordance with the GICS standard, developed by Morgan Stanley Capital International Inc. (MSCI) and Standard & Poor’s (S&P).

  • OMX Exchanges Statistics January-June 2005

    Date 01/07/2005

    Average daily share turnover amounted to EUR 2 924 (2775) million. The turnover rate was 142 (131) percent. The average daily derivative trading turnover amounted to 472 373 (514 874)contracts. The number of listed companies amounted to 683 at the end of June (end 2004: The number of members amounted to 147 at the end of June (end 2004:142).