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Futures Commission Merchant Nations Investments, LLC And Members Of Two South Florida Families Ordered To Pay $5.4 Million To Settle Undercapitalization And False Statement Charges Brought By The CFTC
Date 02/09/2008
The U.S. Commodity Futures Trading Commission (CFTC) announced today that Nations Investments, LLC (Nations), a futures commission merchant (FCM) based in Fort Lauderdale, Florida, and its principals, Sulaiman “Sal” Husain and his son, Mansur “Manny” Husain, will pay $3.5 million in restitution and $1.5 million in monetary penalties to settle undercapitalization and false statements charges, brought by the agency.
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Kansas City Board Of Trade Wheat Volume Third Largest In August - New HRW Wheat Settlement Procedures Go Into Effect Today
Date 02/09/2008
The Kansas City Board of Trade trading volume for the month of August amounted to 438,250 contracts in the hard red winter wheat futures contract, which is the third-largest trading volume for the month of August, behind 565,463 contracts in 2007 and 559,282 contracts in 2006.
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Futures Commission Merchant Nations Investments, LLC And Members Of Two South Florida Families Ordered To Pay $5.4 Million To Settle Undercapitalization And False Statement Charges Brought By The CFTC
Date 02/09/2008
The U.S. Commodity Futures Trading Commission (CFTC) announced today that Nations Investments, LLC (Nations), a futures commission merchant (FCM) based in Fort Lauderdale, Florida, and its principals, Sulaiman “Sal” Husain and his son, Mansur “Manny” Husain, will pay $3.5 million in restitution and $1.5 million in monetary penalties to settle undercapitalization and false statements charges, brought by the agency.
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CFE's August Average Daily Volume Up Over Previous Month; Year-To-Date Volume 20% Ahead Of Year-Ago
Date 02/09/2008
The CBOE Futures Exchange, LLC (CFE) today announced that August average daily volume of 4,343 contracts rose three percent over the 4,208 contracts per day during July 2008.
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KCBT Wheat Daily Price Limit At 60 Cents - Daily Price Limit For Trade Date September 3, 2008 At 60 Cents
Date 02/09/2008
Price limits for KCBT hard red winter wheat futures are at 60 cents for trade date September 3, 2008 (effective with the September 2 evening session).
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CBOE August Volume Totals 88.5 Million Contracts; Year-To-Date Volume Up 25% To 772 Million Contracts
Date 02/09/2008
The Chicago Board Options Exchange (CBOE) today reported that trading volume during August totaled 88.5 million contracts. Daily trading volume averaged 4.2 million contracts during the month, down eight percent against August 2007, the best August ever for CBOE. With 772.4 million contracts traded year to date, CBOE trading volume rose 25 percent over the first eight months of 2007.Daily trading volume from January through August 2008 averaged 4.6 million contracts. August comes on the heel
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SEC Announces Summit To Help Senior Investors Protect Assets
Date 02/09/2008
Securities and Exchange Commission Chairman Christopher Cox today announced that helping older investors make difficult decisions about their finances and learn new ways to protect their assets as they age will be the primary focus of the SEC's third annual Seniors Summit to be held at the agency's Washington, D.C., headquarters on September 22.
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NZX As Underwriter For Bond Exchange Of South Africa Ltd (BESA) Capital Raising
Date 02/09/2008
NZX has entered into a contract as an underwriter in the capital raising for the Bond Exchange of South Africa Limited (BESA). BESA is raising R80 million ($NZD15 million) through a fully underwritten rights issue to new and existing shareholders.
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Standard Chartered Further Strengthens Financial Markets With Two Key Senior Appointments - Global Head Of Structuring And Global Head Of Equity Derivatives And Commodities Appointed
Date 02/09/2008
Standard Chartered Bank today announced two senior appointments in Financial Markets.
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NYSE Euronext To Issue Third-Quarter 2008 Financial Results And Conduct Conference Call On October 31, 2008
Date 02/09/2008
NYSE Euronext (NYX) will announce corporate earnings for the third-quarter 2008, ending September 30, 2008 , before the market opens on Friday, October 31, 2008 . A news release will be issued at approximately 2:30 a.m. (New York)/ 8:30 a.m. (Paris) and a conference call with remarks by NYSE Euronext senior management will begin at 8:00 a.m. (New York)/ 2:00 p.m. (Paris).
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