FTSE Mondo Visione Exchanges Index:

News Centre

SIFMA’s Asset Management Group Plays Role In Developing Protocol For Forward TBA MBS Trades That Were Conducted With Lehman Brothers

Date 29/09/2008

The Securities Industry and Financial Markets Association’s (SIFMA’s) Asset Management Group (AMG) convened buy side members to work with Lehman’s court-appointed Securities Investor Protection Corporation (“SIPC”) Trustee to develop an industry protocol that will provide guidance to firms terminating outstanding trades with Lehman. The protocol, 08-01, applies to To-be-announced mortgage backed securities trades that were expected to settle in October, November and December.
U.S. District Court Orders Five Individuals And Firms To Pay More Than $23 Million In Connection With The CFTC Cooperative Law Enforcement Investigation “Operation Wooden Nickel”

Date 29/09/2008

The U.S. Commodity Futures Trading Commission (CFTC) announced today that U.S. District Court Judge George Daniels of the Southern District of New York entered orders against five defendants in three CFTC cases stemming from the cooperative law enforcement investigation code-named “Operation Wooden Nickel” conducted by the CFTC, the Federal Bureau of Investigation, the Department of Justice, and the Securities and Exchange Commission. The orders require that the defendants pay millions of do
StreamBase Names Mark Palmer As New CEO

Date 29/09/2008

StreamBase Systems, Inc., a leading provider of high-performance complex event processing (CEP) software, today announced the promotion of President and Chief Operating Officer Mark Palmer to the position of Chief Executive Officer. The appointment is effective October 1, 2008.
CFTC Charges North Carolina Man And Two Companies With Solicitation Fraud And Misappropriation Of Approximately $1.3 Million Of Customer Funds In Commodity Pool Scheme

Date 29/09/2008

The U.S. Commodity Futures Trading Commission (CFTC) filed a federal lawsuit charging Tyrone “Cauzae” McCall, McCall Business Group, LLC (MBG), and MBG Global, LLC (MBG Global), both of Charlotte, North Carolina, with solicitation fraud and misappropriation of approximately $1.3 million of customer funds in connection with a commodity pool scheme. McCall’s last known place of residence is the Union County jail in Monroe, North Carolina.
Federal Reserve Bank Of Richmond Ready To Provide Liquidity In Wachovia Transition

Date 29/09/2008

The banking operations of Wachovia Corp., which is headquartered in Charlotte, N.C., are being acquired by Citigroup Inc. The transaction is being facilitated by the Federal Deposit Insurance Corporation and concurred with by the Board of Governors of the Federal Reserve and the Secretary of the Treasury.

Direct Edge Migrating Quotes To ISE Starting Oct. 3

Date 29/09/2008

In connection with Direct Edge's partnership with the International Securities Exchange (ISE), starting October 3, 2008, Direct Edge will begin the process of migrating its public quotations from the National Stock Exchange to the ISE Stock Exchange. Direct Edge plans to have this migration completed by the end of October 2008.
US Treasury Announces Temporary Guarantee Program For Money Market Funds

Date 29/09/2008

The U.S. Treasury Department today opened its Temporary Guarantee Program for Money Market Funds. The U.S. Treasury will guarantee the share price of any publicly offered eligible money market mutual fund – both retail and institutional – that applies for and pays a fee to participate in the program.
Federal Reserve And Other Central Banks Announce Further Coordinated Actions To Expand Significantly The Capacity To Provide U.S. Dollar Liquidity

Date 29/09/2008

In response to continued strains in short-term funding markets, central banks today are announcing further coordinated actions to expand significantly the capacity to provide U.S. dollar liquidity. Central banks will continue to work together closely and are prepared to take appropriate steps as needed to address funding pressures.
September 2008 Monthly Preliminary Performance Report Dow Jones-AIG Commodity Indexes

Date 29/09/2008

The Dow Jones-AIG Commodity Index was down -6.90% for the month of September. The Dow Jones-AIG Gold Sub-Index had the only positive monthly gain with a return of 6.38%. Sugar and Lead had the narrowest downside MTD performances of -0.40% and -1.09%, respectively.
Statement By US Treasury Secretary Paulson On The Sale Of Wachovia Bank

Date 29/09/2008

Treasury issued the following statement by Secretary Henry M. Paulson, Jr. on the sale of Wachovia Bank: "I commend the action taken by Chairman Bair and the FDIC today to facilitate the sale of Wachovia Bank to Citigroup in an orderly fashion to mitigate potential market disruptions. I agree with the FDIC and the Federal Reserve that a failure of Wachovia would have posed a systemic risk. As a result of this transaction, all Wachovia depositors will be protected and Wachovia's sen