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  • EEX Chief Financial Officer Iris Weidinger Confirmed In Office

    Date 21/10/2010

    Iris Weidinger’s position as a member of the Executive Board was renewed by the Supervisory Board of European Energy Exchange AG (EEX) by three years with effect from 15 August 2011. This was announced by the EEX Supervisory Board following its meeting on 21 October 2010. As a result of this decision Iris Weidinger will continue to be in charge of the European Energy Exchange‘ s departments of finance, boards and human resources in the capacity of the Group Chief Financial Officer (CFO)

  • World’s First, Singapore Exchange To Clear OTC Indonesian Coal Swap

    Date 21/10/2010

    Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bituminous Coal Swap from 3 November 2010. The extension of SGX’s OTC clearing service to the Asian coal market offers traders and physical players an effective risk management tool to support its high growth potential.

  • BBA Statement Regarding Bank Levy

    Date 21/10/2010

    "The banks are committed to playing their part in restoring the UK economy – and that includes helping to meet the greater demands on the Exchequer. The banking industry paid more than £26bn in taxes last year and the bank levy will increase this figure. We will work with the Treasury to ensure the final levy also meets the aim of maintaining the UK's position as the world's financial centre while generating additional tax revenues.

  • UK Government Publishes Draft Legislation On The Bank Levy

    Date 21/10/2010

    Financial Secretary to the Treasury, Mark Hoban MP, announced today the publication by the Government of draft legislation on the Bank Levy, which was announced in the June Budget.

  • Clearstream To Offer Access To Latvia And Lithuania - Clearstream Leverages Its Existing Link To Estonia To Cover The Entire Baltics - The New Links Will Be Launched Effective 22 November 2010 - Clearstream’s Global Network Extends To 49 Domestic Markets

    Date 21/10/2010

    Clearstream, the international central securities depository (ICSD) within Deutsche Börse Group, will open two new links with Latvia and Lithuania helping foreign investors to access these markets. Government bonds, corporate bonds and equities settled via an account at SEB banka, Riga (Latvia) or SEB Bankas, Vilnius (Lithuania) respectively will be eligible for settlement and custody in Clearstream Banking. The new service will be offered through Clearstream Banking’s agent for the Est