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  • BSX Trading Member - Instinet (Bermuda) Ltd - Voluntarily Resigns

    Date 28/01/2009

    The Bermuda Stock Exchange (BSX) today announces that Instinet (Bermuda) Ltd (the “Company”) wishes to voluntarily resign and withdraw its Trading Membership from the BSX.

  • Bahamas International Securities Exchange Year End Statistical Report For 2008

    Date 28/01/2009

    BISX is pleased to announce its annual and quarterly BISX All Share Index and trading statistics for the periods ending December 31, 2008 with comparison to previous periods.

  • Instinet Becomes Australian Clearing Member - Global Agency Broker Now Offering Direct Settlement And Clearing Services For The Australian Market

    Date 28/01/2009

    Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, today announced that its Instinet Australia Clearing Services Pty Limited subsidiary has secured membership on the ASX Settlement and Transfer Corporation (ASTC), which is a wholly-owned subsidiary of the Australian Securities Exchange (ASX), and has been successfully clearing and settling client trades for the past three months.

  • IMF's Global Financial Stability Report: GFSR Market Update

    Date 28/01/2009

    Financial markets worldwide reflect ongoing deleveraging pressures amidst a deepening economic downturn. In spite of extensive policies, the global financial system remains under intense stress. Moreover, worsening economic conditions are producing new, large writedowns for financial institutions. In response, balance sheets are being cut back through asset sales and the retiring of maturing credits. These actions have increased downward pressure on asset prices and reduced credit availabi

  • SEC Charges Nashville-Based Financial Planner With Fraud Involving Purported Investments In TARP

    Date 28/01/2009

    The Securities and Exchange Commission today took emergency action to charge Nashville, Tenn.-based investment advisor Gordon B. Grigg and his firm ProTrust Management, Inc. with securities fraud, and obtained a court order freezing their assets. The SEC alleges that Grigg and ProTrust defrauded clients out of at least $6.5 million and misrepresented that their money was invested in the federal government's Troubled Asset Relief Program (TARP) and other securities that, in reality, do not exist.