FTSE Mondo Visione Exchanges Index: 98,477.15 -634.09

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ROFEX: New Possibilities To Dodge Financial Volatility

Date 16/10/2008

In line with the international process of financial innovation, in the last months ROFEX has generated new combined trades, which consist in the simultaneous trading of two or more derivatives contracts on different products, positions or exercise prices.
Federal Reserve Announces Interim Final Rule To Allow Bank Holding Companies To Include Senior Perpetual Preferred Stock Issued To The Treasury Department In Tier 1 Capital

Date 16/10/2008

The Federal Reserve Board on Thursday announced the adoption of an interim final rule that will allow bank holding companies to include in their Tier 1 capital without restriction the senior perpetual preferred stock issued to the Treasury Department under the capital purchase program announced by the Treasury on October 14, 2008. Treasury established the capital purchase program under the Emergency Economic Stabilization Act of 2008, which became law on October 3, 2008. Details a
US Treasury Hires Legal Adviser Under The Emergency Economic Stabilization Act

Date 16/10/2008

The U.S. Treasury Department this week announced that Simpson, Thacher and Bartlett will serve as a legal adviser for the implementation of the Emergency Economic Stabilization Act. Treasury hired the New York City-based firm Sunday and work began immediately to help the Department with its equity program structuring.
ROFEX Surpassed 2.5 Million Contracts In Open Interest - Throughout The Month, The Market Has Been Surpassing Its Own Open Interest record - September Also Became The Second Highest Volume Month In ROFEX´s History, With More Than 4 Million Contracts Trade

Date 16/10/2008

ROFEX ended September with a new Open Interest historical record in its financial and agricultural divisions. This index amounted to 2,778,383 open contracts on September 29 trading session, representing more than 2,000 million dollars in nominal value.
KCBT Wheat Daily Price Limit For Trade Date October 17, 2008 At 60 Cents

Date 16/10/2008

Price limits for KCBT hard red winter wheat futures are at 60 cents for trade date October 17, 2008 (effective with the October 16 evening session).

Program Trading Averaged 16.2 Percent Of NYSE Volume During Oct. 6-10

Date 16/10/2008

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Oct. 6-10.
Joint Statement From The New York Attorney General And American International Group

Date 16/10/2008

Attorney General Andrew M. Cuomo met today with Edward M. Liddy, the new Chairman and Chief Executive Officer of American International Group, Inc. (“AIG”) In a candid discussion, the Attorney General laid out his serious concerns regarding executive compensation issues and exorbitant expenses at AIG. The meeting in the Attorney General’s New York City Offices occurred one day after Attorney General Cuomo informed AIG that it must recover improper bonuses and other payments and perks from its fo
SEC Announces October 29 Roundtable On Mark-to-Market Accounting

Date 16/10/2008

The Securities and Exchange Commission announced today that on Oct. 29, 2008, at 9 a.m. ET, it will host the first of two roundtables on "mark-to-market" accounting and current market conditions.
UK’s Financial Services Authority: Update On Market Wide Exercise 2008

Date 16/10/2008

The Tripartite Authorities have decided to reschedule the Market-Wide Exercise 2008, due to take place on 18 and 26 November, into the new year. This decision has been taken in light of global market conditions and feedback from the industry.
SEC Charges San Francisco Hedge Fund Adviser For "Portfolio Pumping"

Date 16/10/2008

The Securities and Exchange Commission today charged San Francisco investment adviser MedCap Management & Research LLC (MMR) and its principal Charles Frederick Toney, Jr. with reporting misleading results to hedge fund investors by engaging in a practice known as "portfolio pumping."