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  • IMF Welcomes European Actions To Stabilize Euro Area

    Date 10/05/2010

    Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement today on the European Union’s announcement of sweeping measures to stabilize its economic and financial system: “I strongly welcome the far-reaching steps unveiled today by the European Union and the European Central Bank (ECB) to restore confidence and financial stability in the euro area. These are strong measures that will help to secure global economic

  • KRX: Securities Settlement To Advance By One-hour

    Date 10/05/2010

    To enhance the settlement reliability and investors’ convenience, the Korea Exchange (“KRX”) advances payments and securities deliveries from the KRX to clearing members having receiving position in two stages. The first stage change, to be effective on July 5, 2010, allows payments and securities deliveries to begin at 15:00 hour, one hour earlier than the existing settlement deadline of 16:00 hour, and the second stage change, to be introduced in July 2011, allows payments and securities

  • China Securities Index Co.: SSE Consumer 80, SSE Resource, CSI 300 Cyclical, CSI 300 Non-cyclical To Be Launched

    Date 10/05/2010

    China Securities Index Co., Ltd. (CSI) has recently announced that SSE Consumer 80 Index (SSE Consumer 80), SSE Natural Resource Index (SSE Resource), CSI 300 Cyclical Industry Index (CSI 300 Cyclical) and CSI 300 Non-cyclical Industry Index (CSI 300 Non-cyclical) will be launched on May 28, 2010.

  • IMF Executive Board Approves EUR30 Billion Stand-By Arrangement For Greece

    Date 09/05/2010

    The Executive Board of the International Monetary Fund (IMF) today approved a three-year SDR 26.4 billion (€30 billion) Stand-By Arrangement for Greece in support of the authorities’ economic adjustment and transformation program. This front-loaded program makes SDR 4.8 billion (about €5.5 billion) immediately available to Greece from the IMF as part of joint financing with the European Union, for a combined €20.0 billion in immediate financial support. In 2010, t

  • Update -- The NASDAQ Stock Market Names Stocks With Cancelled Trades - The NASDAQ Stock Market Had No Technology Or System Issues Associated With May 6th Trading Between 2:00 and 3:00 p.m. Eastern Time

    Date 09/05/2010

    The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's largest exchange company, announced that The NASDAQ Stock Market had no technology or system issues associated with the trading that occurred on May 6th between 2:00 and 3:00 p.m. ET. The NASDAQ Stock Market operated continuously and its close process ran successfully.

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