Archive for March 25th, 2008

Clearstream launches its new generation of processing environment

Clearstream has successfully launched, on 10th March, its new generation of post trade infrastructure processing environment, delivering real-time transaction processing across the full instruction life cycle throughout the daytime settlement period.

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UBS proposes David Sidwell for election to Board of Directors

At its Annual General Meeting on 23 April 2008 the UBS Board of Directors will propose David Sidwell for election to the board as a non-executive member.

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TSX Group’s Interim Co-CEO calls for national carbon market with full engagement of emitters

TSX Group Inc. Interim Co-CEO Rik Parkhill says TSX Group believes that a national emissions market that allows the price of carbon to vary with market conditions is the best solution for Canada.

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Lehman Brothers closes $2 billion committed unsecured three-year facility

Lehman Brothers Holdings Inc. (NYSE: LEH) announced that it closed its $2 billion committed unsecured three-year revolving credit facility.

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PORTAL Market to Accept 144A Equity Securities Using Alternative Settlement Processes in Preparation for The PORTAL Alliance

The NASDAQ OMX Group, Inc. announced the effectiveness of a rule change approved by the Securities and Exchange Commission that permits 144A equity securities that use alternative settlement processes to be included in NASDAQ OMX’s PORTAL system.

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Credit Suisse Launches Factoring for Businesses

Alternative form of financing offers clear benefits for corporate clients

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Eurex, ISE and OCC Announce Transatlantic Options Trading and Clearing Link

Eurex, the International Securities Exchange (ISE), and The Options Clearing Corporation (OCC) announced they plan to create a transatlantic trading and clearing link that will allow Eurex customers to access ISE’s options market using their existing Eurex connections.

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CME Group Inc. to Acquire NYMEX Holdings, Inc. on Terms Previously Announced

Strategic combination creates leading global exchange with benchmark products in every major asset class.

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MultaQa Qatar Discusses Key Insurance Topics

MultaQa Qatar, a conference for the international insurance and re-insurance industry about the rapidly growing insurance opportunities in Qatar and the Middle East region, opened at the Sharq Resort and Spa on 16 March in Doha.

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DIFC and DWTC Launch MEFX

Middle East Banking and Finance event to reinforce Dubai’s position as a World-Class financial hub

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