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Rep Fossella To U.S. Treasury: Bold And Decisive Action Is Needed

Date 13/10/2008

Congressman Vito Fossella (R-NY13) today wrote a letter to US Treasury Secretary Henry Paulson calling for bold and decisive action to help our economy recover. The Congressman applauded Paulson for working together with the other G7 leaders in formulating an agreement on principles to help the world economy recover from the current financial crisis. He also shared his support for the plan Paulson announced Friday where the government will soon begin to purchase equity stakes in US banks, t
Central America Exchanges Are Meeting Today In Panama

Date 13/10/2008

Today, in Panama, the stock exchanges of Costa Rica (BNV), El Salvador (BVES) and Panama (BVP) started working with the aim of advancing an integration plan. During today and tomorrow, the exchanges’ managers will discuss the establishing of a common trading platform, the single order book, remote membership and the necessary legal and regulatory infrastructure.
Component Changes Made To Dow Jones Select Dividend Indexes

Date 13/10/2008

Dow Jones Indexes, a leading global index provider, today announced that Barclays PLC (United Kingdom, Banks, BARC.LN; BCS) will be deleted from the Dow Jones U.K. Select Dividend 20, Dow Jones EPAC Select Dividend and Dow Jones Global Select Dividend indexes. Barclays PLC is being removed due to the cancellation of its dividend payment.
KCBT Wheat Daily Price Limit For Trade Date October 14, 2008 At 60 Cents

Date 13/10/2008

Price limits for KCBT hard red winter wheat futures are at 60 cents for trade date October 14, 2008 (effective with the October 13 evening session).
US Treasury Hires Investment Adviser Under The Emergency Economic Stabilization Act

Date 13/10/2008

The U.S. Treasury Department today announced that EnnisKnupp and Associates will serve as its investment adviser for the implementation of the Troubled Asset Relief Program authorized under the Emergency Economic Stabilization Act. Treasury hired the Chicago-based firm Saturday and the firm began work immediately to help the Department administer the complex portfolio of troubled assets the Department will purchase.

Deputy US Treasury Secretary Robert M. Kimmitt Remarks On Policy Principles For Sovereign Wealth Funds And Recipient Countries To The United States Council For International Business

Date 13/10/2008

Thank you, Peter, for that warm introduction. It is a pleasure to join you today to discuss the importance of keeping markets open for foreign investment, a particularly timely topic given the current uncertainty in global financial markets. I would like to thank the U.S. Council for International Business for hosting this event and for its continuing interest in this important topic, and I also thank the co-sponsors and supporters of the event.
State Aid: European Commission Gives Guidance To Member States On Measures For Banks In Crisis

Date 13/10/2008

The European Commission has published guidance on how Member States can best support financial institutions in the current financial crisis whilst respecting EU state aid rules and so avoiding excessive distortions of competition. The guidance is based in particular on EC Treaty rules allowing for aid to remedy a serious disturbance in the economy of a Member State (Article 87.3.b of the EC Treaty). The guidance will help Member States to put in place co
NYSE Arca Options Launches Auction Billing For Penny Pilot Issues

Date 13/10/2008

NYSE Arca, Inc., a subsidiary of NYSE Euronext (NYX), today announced that NYSE Arca Options will expand its auction billing rates to include sweep trades in all penny pilot issues.
Dubai Gold And Commodities Exchange Xchange Newswire - October 13, 2008

Date 13/10/2008

Click here to download the Dubai Gold And Commodities Exchange Xchange newswire for October 13, 2008.
DIFX Welcomes China Security & Surveillance Technology Inc. - First Listing By A Chinese Company On Dubai-based exchange

Date 13/10/2008

China Security & Surveillance Technology Inc (CSR) today became the first company based in China to list on the Dubai International Financial Exchange (DIFX).