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  • Nymex Sets Monthly Trading Records During August

    Date 07/09/2004

    The New York Mercantile Exchange, Inc., announced today that it set monthly records in August for total Exchange volume, futures volume, NYMEX Division futures volume, and light, sweet crude oil futures volume.

  • New York Attorney General Eliot Spitzer: Invesco And Aim Settle Mutual Fund Timing Cases - Two Affiliated Companies Will Pay Fines, Cut Fees And Adopt Reforms

    Date 07/09/2004

    Attorney General Eliot Spitzer today announced a $450 million settlement with two prominent mutual fund management companies to resolve charges that the companies permitted illegal market timing of their funds.

  • NASDAQ Selects HyperFeed Technologies, Inc. As Ticker Plant For Data Factory Project

    Date 07/09/2004

    The NASDAQ Stock Market (“NASDAQ®”; OTCBB: NDAQ) and HyperFeed Technologies, Inc. (NASDAQ: HYPR), a provider of ticker plant technologies to the financial community, announced today that NASDAQ has selected HyperFeed to supply the ticker plant to drive their Data Factory Project. The ticker plant will handle market data from NASDAQ itself as well as data from a range of other sources including other equity and option exchanges. The processed data will feed into a wide variety of existing interna

  • NASDAQ Completes Acquisition Of BRUT LLC

    Date 07/09/2004

    The NASDAQ Stock Market (“NASDAQ®”; OTCBB: NDAQ) today announced that it has completed its acquisition of Brut LLC, the owner and operator of the Brut ECN, from SunGard Data Systems Inc. (NYSE: SDS) for a total consideration of $190 million in cash. NASDAQ has received all the necessary regulatory approvals and expects the transaction to be accretive to its shareholders within 12 months.

  • MAI To Join ICAAT In Helping Smes On Their Accounting Systems And Preparing For Listing

    Date 07/09/2004

    The MAI has signed a MoU with the ICAAT to jointly equip the SMEs interested in listing on the MAI with proper accounting systems as well as provide advisory assistance. Their first activity was today’s seminar entitled “Tips for Adjusting Accounting and Financial Systems to Go for MAI Listing”, which has taken place at the SET Building.