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  • Tokyo Grain Exchange: The Daily Price Limits For Oct. 24, 2008

    Date 23/10/2008

    The daily price limits for Oct. 24, 2008 are the following: Corn 1,500 yen, Soybeans 2,700 yen, Non-GMO Soybeans 4,500 yen, Arabica Coffee 1,500 yen and Raw Sugar 1,500 yen.

  • NASDAQ OMX Europe Announces 2008 Price Promotion To Become Most Competitively Priced Trading Venue In Europe

    Date 23/10/2008

    Following its successful launch and the rollout of over 500 securities, NASDAQ OMX Europe today announced it will introduce a price promotion positioning NASDAQ OMX Europe as the most competitively priced trading platform in Europe. The pricing will feature an increased rebate for adding orders as well as further discounted pricing for removing liquidity on all stocks on NASDAQ OMX Europe. There will be an additional discount on routing orders in UK listed equities to other markets.

  • CalPERS: No Immediate Impact Of Market Downturn On Employer Rates - Rate Stabilization Reduces Volatility Of Employer Rates

    Date 22/10/2008

    The California Public Employees’ Retirement System (CalPERS) today said employer rates for fiscal year 2008-09 are unaffected by the market losses experienced in October of this year. Employer rates were built using investment returns from earlier periods, and the effect of the current market downturn in October will be unknown until investment returns are determined for the fiscal year ending June 30, 2009.

  • New York Attorney General Cuomo Announces Important New Developments In His Investigation Of AIG

    Date 22/10/2008

    Today Attorney General Cuomo sent the attached letter to Edward Liddy, the CEO of AIG. The letter sets forth that: (1) AIG will freeze any payments under former-CEO Martin Sullivan's $19 million contract; and (2) AIG has confirmed that no payments will be made out of the $600 million compensation and bonus pools of the Financial Products subsidiary. The letter also states the Attorney General's position that taxpayers should be repaid before any executives and that new executive pay structures s

  • SIFMA Welcomes US-Led Global Summit On Economic Turmoil

    Date 22/10/2008

    Tim Ryan, president & CEO of the Securities Industry and Financial Markets Association (SIFMA), welcomed today’s announcement of a global summit: