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  • Statement By US Treasury Secretary Paulson On The Sale Of Wachovia Bank

    Date 29/09/2008

    Treasury issued the following statement by Secretary Henry M. Paulson, Jr. on the sale of Wachovia Bank: "I commend the action taken by Chairman Bair and the FDIC today to facilitate the sale of Wachovia Bank to Citigroup in an orderly fashion to mitigate potential market disruptions. I agree with the FDIC and the Federal Reserve that a failure of Wachovia would have posed a systemic risk. As a result of this transaction, all Wachovia depositors will be protected and Wachovia's sen

  • London Metal Exchange Prompt Date Extensions Go Live

    Date 29/09/2008

    The London Metal Exchange (LME) has today launched extended prompt dates for Primary Aluminium, Copper Grade A, Special High Grade Zinc, Primary Nickel and Standard Lead contracts.

  • CME Group, BM&FBOVESPA Announce September 30 Start Date For Order Routing

    Date 29/09/2008

    CME Group, the world's largest and most diverse derivatives exchange, and BM&FBOVESPA, the largest exchange in Latin America, have announced that the order routing of BM&F derivatives products on CME Globex(R) is scheduled to begin September 30.

  • Global Finance Names ICE Best Derivatives Exchange For 2008

    Date 29/09/2008

    IntercontinentalExchange (NYSE: ICE), a leading operator of global futures exchanges and over-the- counter (OTC) markets, announced today that the editors of Global Finance Magazine have named ICE "Best Derivatives Exchange" for 2008 based on strategic and financial achievements. The recognition is part of the magazine's Best Derivatives Providers awards, which will be detailed in the November issue.

  • OTP Bank Plc Considers A WSE Listing

    Date 29/09/2008

    OTP Bank Plc acknowledges the importance of the existing investor group based in Poland which is currently the 4-th largest investor. OTP would be more than happy if Polish investors further increased their stake within its existing shareholder base and plans to undertake a number of measures to assist that – among others a targeted road-show for Polish institutional investors.

  • Statement By Chairman Bernanke On Agreement By The Congress And The Administration

    Date 29/09/2008

    I welcome the agreement by the Congress and the Administration on a comprehensive plan to stabilize our financial system and support our economy. This legislation should help to restore the flow of credit to households and businesses that is essential for economic growth and job creation, while at the same time affording strong and necessary protections for taxpayers. I look forward to swift passage of the legislation. In addition, the Federal Reserve Board supports the timely actio

  • Tehran Stock Exchange Listed Companies Increased Their Earnings Forecast

    Date 29/09/2008

    Forecasted Net Earnings of TSE' listed companies reached to $11/4 Billions that have increased about $1 billion as compared with previous forecast two months ago. The earnings forecast for the base metals sector at the top of 36 industries in the Tehran Stock Exchange reached to $3 Billion. The big companies in this sector include Mobarake Steel , Khorasan Steel , National Copper Industries , Iralco. Also, the market capitalization of this industry comes about $14,700 million.

  • BBVA’s ETF “FTSE4GOOD IBEX ETF” To Start Trading On The Spanish Stock Exchange On Wednesday

    Date 29/09/2008

    As of Wednesday, October 1st, the exchange traded fund (ETF) FTSE4GOOD IBEX ETF, issued by BBVA, will start trading on the ETF segment of the Spanish stock exchange, following the approval given by the stock market regulator.

  • Deutsche Börse Receives Approval For Office In Beijing

    Date 29/09/2008

    On Friday, September 26 Deutsche Börse received approval by the China Securities Regulatory Commission (CSRC) for establishing a representative office in Beijing. Jianhong Wu is assigned to be Chief Representative Officer, the office is to start operations still in this year.

  • Bond Exchange Of South Africa Shareholders Approve Rights Issue

    Date 29/09/2008

    The Bond Exchange of South Africa Limited (BESA) has secured the necessary shareholder approvals in respect of its Rights Issue. Shareholders voted in favour of the transaction at BESA’s first annual general meeting as a public company, held in Johannesburg earlier today. Ninety-eight percent of the votes cast by Shareholders were in favour of the Rights Issue.