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  • Nymex To Increase Margins On Some Gasoline And Heating Oil Futures Contracts

    Date 16/03/2005

    The New York Mercantile Exchange, Inc., will increase the margins on its gasoline, New York Harbor gasoline calendar swap, heating oil, and New York Harbor heating oil calendar swap futures contracts at the close of business tomorrow.

  • Minneapolis Grain Exchange Announces History Project

    Date 16/03/2005

    The Minneapolis Grain Exchange (MGEX) announces the commencement of The Minneapolis Grain Exchange History Project. The Exchange, founded on October 19, 1881, will celebrate its 125-year history in October 2006. To commemorate this milestone, the MGEX board of directors established the 125th Commemoration Commission Committee whose objectives are to chronicle the history of the Exchange, its people and organizations, and to create awareness of the Exchange’s role in the growth and development of

  • Labuan International Financial Exchange (LFX) Appoints Avenue Securities Sdn. Bhd. As Listing Sponsor

    Date 16/03/2005

    The Labuan International Financial Exchange (LFX) announced the appointment of Avenue Securities Sdn Bhd as its 8th Listing Sponsor and Advisor on the Exchange. Avenue Securities Sdn Bhd, a participating organisation of Bursa Malaysia Securities Berhad has been given the approval to carry out the relevant functions and responsibilities of a Listing Sponsor of LFX.

  • Jefferson Pilot To Pay Over $500,000 In First VUL Market Timing Action - NASD Also Fines Affiliate $125,000 For E-Mail Retention Violations

    Date 16/03/2005

    NASD has fined Jefferson Pilot Variable Corporation, a Concord, NH broker-dealer, $325,000 for failing to have an adequate supervisory system in place to prevent market timing and excessive trading in the sub-accounts of its Ensemble series of variable universal life insurance policies (VULs). Jefferson Pilot is the exclusive distributor of Ensemble VULs, which are issued by a Jefferson Pilot insurance affiliate. In addition, the firm must pay $238,697 in restitution to the affected funds.

  • Investments In Thailand’s mai-Listed Firms Resulted In An Average 5.41% Dividend Yield For 2004

    Date 16/03/2005

    Twenty listed firms on the mai (Market for Alternative Investment) announced dividend payments for the year 2004 totaling THB589.71 mln., representing a 5.41% average dividend yield. Firms with the highest yields were Unique Mining Services Pcl. (UMS), Pack Delta Pcl. (PD), and RK Media Holding Pcl. (RK).

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