FTSE Mondo Visione Exchanges Index:

News Centre

Financial Services: European Commission Proposes Better Investor Protection Measures For Packaged Retail Investment Products

Date 29/04/2009

The European Commission has committed to delivering important improvements to investor protection measures for the main investment products bought by retail investors. Inconsistencies in existing standards can be detrimental to investors and can lead to competitive distortions in the retail investment market. The Commission's conclusions, set out in the Communication on Packaged Retail Investment Products, are that product information requirements and ru
SEC Halts Beverly Hills Hedge Fund Fraud

Date 29/04/2009

The Securities and Exchange Commission today obtained a court order halting a fraudulent scheme in Beverly Hills, Calif., in which investors were coaxed into investing in two hedge funds that purportedly held more than $800 million in assets when in fact the funds lost money and have less than $1 million in assets.
The Irish Stock Exchange Publishes Statistical Review For Q1 2009 - Over Half Million Transactions Dealt In Q1 However Lower Share Prices Leads To Fall In Trade Values

Date 29/04/2009

The Irish Stock Exchange [ISE] has published its statistical review covering the first quarter of the year [January – March inclusive].
SEC Office Of The Chief Accountant Selects Four Professional Accounting Fellows

Date 29/04/2009

The Securities and Exchange Commission's Office of the Chief Accountant (OCA) has selected four professional accounting fellows for two-year terms beginning in 2009.
USA Federal Open Market Committee Statement

Date 29/04/2009

Information received since the Federal Open Market Committee met in March indicates that the economy has continued to contract, though the pace of contraction appears to be somewhat slower. Household spending has shown signs of stabilizing but remains constrained by ongoing job losses, lower housing wealth, and tight credit. Weak sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories, fixed investment, and staffing. Although the economic outl

Dubai Mercantile Exchange Chairman Announces Board Appointments

Date 29/04/2009

Ahmad Sharaf, Chairman of the Dubai Mercantile Exchange Limited (DME), has announced that the DME has welcomed John F. Sandner and Ali Tabbal to its Board of Directors.
Hedge Fund Standards Board Statement On Alternative Investment Funds Directive

Date 29/04/2009

The Hedge Fund Standards Board (HFSB) has strong reservations about proposals contained in the European Commission’s Draft Directive on Alternative Investment Fund Managers and is concerned at the lack of consultation over the directive.
UK's Financial Services Authority: Hedge Fund Manager Banned And Fined £35,000 For Mismarking Trading Positions To Hide Losses

Date 29/04/2009

The Financial Services Authority (FSA) has banned and fined Mr Loic Albert Antoine Montserret, a former portfolio manager at BlueCrest Capital Management Limited (BlueCrest), £35,000 for deliberately mismarking his positions in an attempt to avoid losing his job over losses he was making on his trading book.
Marcus Stuttard Appointed Head Of AIM

Date 29/04/2009

London Stock Exchange today appointed Marcus Stuttard as its new Head of AIM. Marcus was previously Deputy Head of AIM and brings 15 years experience at the London Stock Exchange to the role.
New Records On IDEX, Borsa Italiana Power Derivatives Market

Date 29/04/2009

IDEX, Borsa Italiana Power Derivatives Market, reached yesterday, 28 April 2009, a new record on daily volumes with 357.840 MWh. Previous record was 281.410 MWh, reached on 21 April 2009, while April total volumes registered 1.463.485 MWh as of yesterday.