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Date 02/05/2008
Ibovespa Closes May 2 At 69,366 Points
The Ibovespa Stock Index ended the day up 2.21% at 69,366 points, the highest close since April 30, when it reached 67,868 points.
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Date 02/05/2008
SEC Investor Education Information Accompanying IRS Refund Checks To 3 Million Americans
The Securities and Exchange Commission today announced that investors awaiting their refund checks from the Internal Revenue Service will simultaneously be receiving information about a new SEC phone-based resource that can help them learn more about various investing topics and avoid investment scams.
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Date 02/05/2008
U.S. Commodity Futures Trading Commission Obtains Federal Court Order Freezing Assets Of California-based Safevest LLC - Defendants From California, Virginia, And Washington, DC Charged With Defrauding Investors Of More Than $25 Million In Ponzi Scam Invo
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it obtained a federal court order in Santa Ana, California, against defendants Safevest LLC, located in Mission Viejo, California, and its owners and officers, Jon G. Ervin of Laguna Hills, California and John V. Slye of Herndon, Virginia, freezing the defendants’ assets, prohibiting the destruction of documents, and appointing a temporary receiver.
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Date 02/05/2008
SEC Halts Multi-Million Dollar Ponzi Scheme Exploiting Christian Communities
The Securities and Exchange Commission has obtained a court order halting a $25 million Ponzi-like scheme that particularly targeted Christian communities nationwide.
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Date 02/05/2008
TFS Green Appointed As Joint Exclusive Seller’s Representative To The Asian Development Bank
TFS Green, an award-winning broker in the environmental markets, is delighted to announce its appointment as joint exclusive Seller’s Representative to the Asian Development Bank (ADB) under the bank’s Carbon Market Initiative.
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Date 02/05/2008
KCBT Wheat Daily Price Limit At 60 Cents - Daily Price Limit For Trade Date May 5, 2008 At 60 Cents
Price limits for KCBT hard red winter wheat futures remain at 60 cents for trade date May 5, 2008 (effective with the May 4 evening session).
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Date 02/05/2008
Eurex: Trading Volumes Up By 22 Percent In April - 185 Million Contracts Compared To 151 Million In April 2007 - Daily Average Turnover Of 8.4 Million Contracts
Eurex, the international derivatives exchange, gained an 22 percent increase in turnover volume compared year-on-year to 185 million contracts (April 2007: 151 million contracts). The daily average turnover stood at 8.4 million contracts (April 2007: 8 million contracts). Open interest saw a rise of 13 percent to 141 million contracts per the end of March 2008.
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Date 02/05/2008
Deutsche Börse: Xetra Trades Up By 34 Percent In April - Total Volume Of €192 Billion Traded On All Stock Exchanges In Germany
In April the number of trades executed on Xetra was up by 34.7 percent reaching more than 16 million transactions – compared to April 2007 with 12 million trades. Orderbook turnover on Xetra slightly decreased by 1.5 percent year-on-year to €166.5 billion (April 2007: €169.1 billion). On Xetra and the Frankfurt floor €163 billion were turned over in German equities and €8.1 billion in foreign shares. Roughly 97.6 percent of the transaction volume with German equities was executed at Börse Frankf
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Date 02/05/2008
NYMEX To Change Margins For Platinum, Palladium Futures Contracts
The New York Mercantile Exchange, Inc. announced today that it will change margins for its platinum and palladium futures contracts, effective at the close of business on May 5.
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Date 02/05/2008
CBOE Named U.S. Options Exchange Of The Year, Innovator In ETFs
The Chicago Board Options Exchange (CBOE), the largest U.S. options marketplace and the creator of listed options, in mid-April received two prestigious awards for leadership in product innovation.Additionally, a third award was given to a new product based on a CBOE benchmark index.
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