John Lothian Newsletter: Xetra head to leave Deutsche Börse; BATS to borrow $300m for dividend payouts; Approval Pending, Miami Exchange Plans Its Launch

Nov 28, 2012

Deutsche Börse announces changes to its senior management team. Exchange operator BATS looks to the debt market for financing, its first attempt to raise money since its failed self-IPO this past March. Miami Options Exchange forges ahead with plans to open its doors in early December, despite a lack of regulatory approval for that action. If you missed yesterday’s release of the second part of JLN’s Restoring Customer Confidence series, you’re in luck. Watch the interview with Eurex’s Byron Baldwin and learn how Eurex handles customer account segregation.

First Read

New Restoring Customer Confidence Video
The second video in our Restoring Customer Confidence series deals with customer segregation. Each week we will post a new idea answering the question – how do you restore customer confidence and bring traders back?

Restoring Customer Confidence More ideas»
Customer Segregation: A Clear View - Byron Baldwin

Customer Segregation: A Clear View

Moving excess customer funds to a clearing house is one way to reduce the amount of capital at risk. Byron Baldwin, SVP, Buyside Relations at Eurex, says his exchange developed segregated account services that can be as wide or granular as needed.

Watch the video »

This video is sponsored by:


About the Restoring Customer Confidence video series
In the aftermath of the MF Global collapse, fraud at Peregrine Financial Group and high profile high-frequency trading shocks, John Lothian News asks – how do you restore customer confidence and bring traders back?

The Restoring Customer Confidence video series answers that question by exploring potential solutions using expert interviews and simple animations.

John Lothian News interviewed more than a dozen professionals in the industry to get their ideas and solutions. As these ideas become practice, or as new concepts are adopted by the industry, we will continue to add them to the site.

Visit the video series page on over the next several weeks for new ideas and solutions.


Deutsche Boerse Completes Planned Changes In Leadership Structure
Effective 1 December 2012, Ms Hauke Stars (45) will as previously announced assume responsibility for the newly-structured IT division of Deutsche Börse AG. At the same time Deutsche Börse’s entire market data business as well as selected external IT services will be brought together into this area of responsibility and led by the IT engineer.

**** For some this bit of information will be a big byte.


NYSE Arca Options announces Mini Options Launch Date of March 18, 2013
NYSE Arca Options is pleased to announce that it will commence trading Mini Options on March 18, 2013. This launch date has been selected after extensive consultation with a broad cross section of the options industry including liquidity providers and order flow providers. NYSE Arca Options will initially list Mini Options on the following securities: APPL, AMZN, GLD, GOOG, and SPY.

**** Mini Options are the next BIG THING.


GFI FENICS, part of GFI Group Inc., announced today that it has received two prestigious 2012 awards from Asia Risk magazine: GFI FENICS has obtained 1st place in the Foreign Exchange Derivatives Pricing and Risk category in the Asia Risk Rankings; FENICS Trader received the Technology Development of the Year award.


ICE Futures to restart daily carbon trading
Philip Stafford –
IntercontinentalExchange, the operator of Europe’s largest carbon trading platform, is to lift a near two-year shutdown of trading in daily emissions futures after regulators improved oversight.

**** Carbon-loading, ready, set, go.


What Do You Think about the Future of Analytics?
As we evolve our trading analytics, we want to hear what our customers and the industry think about the future of analytics by participating in this short survey.

At a recent event, we invited our booth visitors to answer a three-question survey addressing this topic, and we are now asking our newsletter subscribers to weigh-in with their thoughts.

The survey questions are:
1. What types of analysis will be most important in your investment process going forward?
2. What trading analytics tools do you find most valuable?
3. What types of execution methods do you plan to use in the near future?

Please join the respondents who have already completed the survey and voice your opinion on the future of analytics by December 14, 2012.

Take the Survey >


NASDAQ OMX Becomes First North American Exchange To Join The United Nations Global Compact
Today The NASDAQ OMX Group, Inc. announced it has joined the United Nations Global Compact. The announcement was made at the Global Compact’s 3rdLEAD Symposium being hosted at the NASDAQ MarketSite in Times Square, New York City.

**** Hopefully, NASDAQ OMX is the first of many.


US Regulatory Action For Dark Execution Inevitable But Must Be Part Of Broader Market Structure Debate, Says TABB
A regulatory debate over dark execution is inevitable, says TABB Group in new research announced today, turning a spotlight on dark execution on- and off-exchange. Trading outside the lit order books offers legitimate value and advantages, says Miranda Mizen, a TABB principal, director of equities research and author of “A Spotlight in the Dark: An Inevitable Debate,” but the industry lacks consensus about its cause and effect.

**** What is done in the dark, stays in the dark.


Montreal Exchange Achieves New Trading Volume Record on CGB Ten-Year Government of Canada Bond Futures
TMX Group Limited today announced that Montréal Exchange achieved a record of 369,761 contracts traded on the Ten-Year Government of Canada Bond Futures contract (CGB) on November 26, 2012, which surpassed the previous record of 368,697 contracts traded that was established on May 24, 2007.

***** Oh for the days of volume records to report. Thank you MX, you have made me happy today.


Trolling Big Data to Find Rogue Traders
Laton McCartney – Traders Magazine
The line-up of rogue traders continues to grow. Big data may help curb that. The latest convicted of unauthorized activity: UBS trader Kweku Adoboli, sentenced last week to seven years in prison for his role in the biggest fraud in British history. The Ghanian-born Adoboli, a senior trader on the Swiss investment banks’s ETF desk, was found guilty in a jury trial involving $2.3 billion in losses for his employer.

**** You might even hook a whale, assuming there was data for the markets whales trade.


Head of Financial Times Group to Step Down
Rona Fairhead, chief executive of Pearson PLC’s Financial Times Group and a member of Pearson’s board of directors, will step down in April, the company said Tuesday. She will be the second high-level executive in recent months to leave Pearson, the London-based media conglomerate.

**** FT, from Fairhead to headed to soon be part of fair and balanced?


JLN Forex

IntercontinentalExchange Introduces New FX Products; First U.S. Exchange to Offer Indian Rupee Futures Contract
IntercontinentalExchange, a leading operator of global markets and clearing houses, announced today it will launch two new cash-settled foreign exchange futures contracts on ICE Futures U.S. for the trade date of Monday, January 28, 2013.

Denmark’s Saxo Bank to cut jobs as trading stalls
Denmark’s Saxo Bank is to cut its workforce by 17.5 percent because of reduced trading activity, a source close to the company told Reuters.

GAIN Capital’s GTX Partners with Indonesia Commodity and Derivatives Exchange (ICDX) to offer New Exchange-Traded …
PR Newswire via Yahoo! Finance
GAIN GTX, LLC, the institutional division of GAIN Capital Holdings, Inc., has signed an agreement with the Indonesia Commodity and Derivatives Exchange (ICDX), the leading futures exchange in Indonesia, under which GTX will provide trading technology and liquidity services for ICDX’s new currency contracts.


MarketsWiki Page of the Day
Mark J. Carney

MarketsWiki Recent Updates


Mark J. Carney; Mary L. Schapiro; Byron Baldwin; Ronald H. Filler; Jeff Ward; Rona Fairhead

Companies, Organizations and Groups



Segregated funds; Clearing house


31,280,865 pages viewed, 7,239 articles, 150,426 edits
MarketsWiki Statistics

Lead Stories

Xetra head to leave Deutsche Börse
Michelle Price – Financial News
The head of Deutsche Börse’s cash equities market is to leave the exchange group next summer following a business and management reshuffle.

BATS to borrow $300m for dividend payouts
Arash Massoudi and Vivianne Rodrigues in New York and Philip Stafford in London –
BATS Global Markets is looking to raise $300m of “junk”-rated debt to fund a payout to shareholders in its first attempt to tap investors since the exchange operator bungled its own public float in March.

Approval Pending, Miami Exchange Plans Its Launch
By Jacob Bunge – Dow Jones
A new stock-options exchange plans to open for business Dec. 7, though the market has yet to be granted formal approval by U.S. regulators. The planned Miami Options Exchange, which aims to become the 11th U.S. options market, told banks and financial firms of the expected launch date in a notice that outlined the final tests of its new trading system.

Court rules Europe rescue fund within law
Jamie Smyth in Dublin –
Europe’s new permanent rescue fund does not violate European Union law, the European Court of Justice ruled on Tuesday, in a test case that marks the first intervention in the eurozone debt crisis by the bloc’s highest court.

Review: Kabul Bank sent millions of dollars abroad
Associated Press via Yahoo! News
Hundreds of millions of dollars from Kabul Bank were spirited out of Afghanistan — some smuggled in airline food trays — to bank accounts in more than two dozen countries, according to an independent review released on Wednesday about massive fraud that led to the collapse of the nation’s largest financial institution.

EU Approves Spanish Banks’ Restructuring Plans
European Union regulators Wednesday gave the green light to restructuring plans for four Spanish lenders, BFA/Bankia, NCG Banco, Catalunya Banc and Banco de Valencia BVA.

The top items in Mark Carney’s inbox
Richard Partington – Financial News
Ed Balls, the UK shadow chancellor, wrote in April this year that “only superhumans need apply” for the role of Governor of the Bank of England. Mark Carney, the Governor of the Bank of Canada, was this week handed the unenviable task of living up to this epithet.


Factbox: Schapiro’s wins and losses heading the SEC
Reuters via Yahoo! Finance
Mary Schapiro, the first woman to head the Securities and Exchange Commission, announced on Monday that she will step down from the agency on December 14 with more than a year left on her term.

David Weidner’s Writing on the Wall: SEC chief’s to-do list starts with market fix
Market Watch
The new SEC chairman doesn’t have to be a radical to improve the commission’s image. It’s a matter of plugging in, linking up, getting tough and keeping what works.

World Federation of Exchanges Urges International Regulatory Bodies to Modify Capital Standards for Exchange Traded Derivatives in Support of G20 Reforms
The World Federation of Exchanges (WFE), representing 59 publicly regulated stock, futures, and options exchanges and associated clearinghouses, today called on international regulatory bodies to modify capital standards to appropriately reflect the liquidity and efficiency of exchange traded derivative (ETD) markets.

Nadex Commends The CFTC’s Action Against Unregistered Binary Option Platforms
As the only CFTC-registered exchange that provides retail traders with direct membership and the opportunity to trade a complete array of binary options on forex, commodity futures, stock index futures and economic events, the North American Derivatives Exchange, Inc. (Nadex)commends the U.S. Commodity Futures Trading Commission (CFTC) for its aggressive action yesterday to protect U.S. traders.

Margin Requirements on Non-Centrally Cleared Swaps Could Increase Risk, According to ISDA Analysis
Business Wire via Yahoo! Finance
The International Swaps and Derivatives Association, Inc. (ISDA), today published an analysis of initial margin (IM) requirements for non-centrally cleared OTC derivatives under current regulatory proposals.

The COBA Project Announces Plan For An Industry-Led Pan-European Consolidated Tape
In an open letter to key industry stakeholders, co-founders of The COBA Project, Graham Dick, former Head of Business Development at Chi-X Europe and Mark Schaedel former Global Head of Market Data at NYSE Euronext, today announced a plan for the delivery of an industry-led pan-European consolidated tape.

Panel praises new takeover rules
David Thomas – Financial News
Rules to protect target companies in a takeover from a “siege situation” appear to be working well, according to a report by a Takeover Panel committee, but lawyers have warned that the pendulum has swung too far in the direction of protecting target companies.

Exchanges & Trading Facilities

Rainer Riess to leave Deutsche Börse Group
Rainer Riess (46), Managing Director of Deutsche Börse AG and Deputy Chairman of the Board of Management of the Frankfurt Stock Exchange, will leave Deutsche Börse Group, effective 30 June 2013, having worked for the Group for 24 years.

NYSE Bonds Connectivity Now Available through iTBconnect
NYSE Euronext’s fixed income trading platform in the U.S., NYSE Bonds, today announced that ITB Holdings, Inc (iTB), a leading software provider for the fixed income trading community will now offer its clients access to the NYSE Bonds platform. Clients of iTB will be able to access firm market quotes for the thousands of debt securities listed on NYSE Bonds through the same customizable interface they do other markets, resulting in increased liquidity with decreased fragmentation.

NYSE Euronext to Host the 2012 NYSE Russia Day with Half-day Conference at the New York Stock Exchange on Monday, Dec. 3, 2012
Leading business executives, investors, and government officials led by Igor Shuvalov, First Deputy Prime Minister of the Russian Federation will visit the New York Stock Exchange (NYSE) for the 2012 NYSE Russia Day on Monday, Dec. 3, 2012.

London Stock Exchange: Megafon Raises $1.7bn In London’s Largest Telecoms Capital Raising For More Than A Decade
London Stock Exchange today welcomes MegaFon, one of Russia’s largest telecommunications businesses, to its Main Market.

CBOE/CFE/OneChicago Move to Equinix NY4

[CBOE] Options for Receiving Credits under the Volume Incentive Plan

NYSE Group Inc. Issues Short Interest Report

NYSE MKT Issues Short Interest Report

NYSE Euronext to Host the 2012 NYSE Russia Day with Half-day Conference at the New York Stock Exchange on Monday, Dec. 3, 2012

NASDAQ Announces Mid-Month Open Short Interest Positions In NASDAQ Stocks As Of Settlement Date November 15, 2012

Direct Edge Trading Notice #12-57: Retail Order Designation Pricing For EDGX

NASDAQ OMX Nordic Foundation Supports Financial Market Research Through A Grant To University Of Helsinki

Hedge Funds & Managed Futures

Portman Square Capital struggles to reach fundraising target
Harriet Agnew – Financial News
Portman Square Capital, the hotly-anticipated hedge fund launch from the former global head of proprietary trading at Citigroup, Sutesh Sharma, is more than half way off its launch target of $500m, Financial News has learned.

Cohen’s SAC hedge fund to hold investor call on Wednesday
Reuters via Yahoo! News
NEW YORK – Steven A. Cohen’s SAC Capital Advisors, facing fresh scrutiny after a former employee was charged with illegal insider trading, plans to hold a conference call on Wednesday, two people familiar with the hedge fund said on Tuesday.

Uncleared Swaps Will Need $1.7 Trillion-$10.2 Trillion Initial Margin -ISDA
Katy Burne – Dow Jones
Swaps that will be allowed to remain outside clearinghouses when new rules take effect in 2013 will require traders to post $1.7 trillion to $10.2 trillion in margin, according to a report by an industry group.

Better Capital to pay first dividend
Jennifer Bollen – Financial News
UK listed turnaround specialist Better Capital, chaired by private equity veteran Jon Moulton, plans to pay its first dividend next year in a sign of strength amid widespread woes in the listed sector.

Stratton Street Seeks Asian Money With Bond Hedge-Fund Return
Stratton Street Capital LLP, a U.K. manager with $1.6 billion in assets, is seeking to raise money from Asian investors with a yuan bond hedge fund that has returned 23 percent this year.

The Carlyle Group Raises $1.38 Billion for Energy Credit Investments
Business Wire via Yahoo! Finance
Global alternative asset manager The Carlyle Group today announced that it has raised $1.38 billion for energy credit investments. Carlyle Energy Mezzanine Opportunities Fund primarily targets investments in projects and companies in the power generation and energy sectors requiring capital of $20 million to $150 million per transaction.

Ex-SocGen CIB head Péretié returns at alternative asset manager
William Hutchings – Financial News
Michel Péretié, the former chief executive of corporate and investment banking at Societe Generale, has re-emerged almost a year after leaving the French bank, as joint chief executive of alternative asset manager RiverRock European Capital Partners.

Liontrust taps Mabbutt for fixed income play
Sarah Krouse – Financial News
Liontrust Asset Management has hired a founder of Thames River Capital as head of its new global credit division as it branches out into fixed income.

ISDA Asia Ex-Japan Credit Derivatives Determinations Committee: GTL Infrastructure Limited Restructuring Credit Event

Mr Tomas Franzen Appointed New Chairman Of EDHEC-Risk Institute’s International Advisory Board

Banks & Brokers

CeFDex opens up CFD market in Spain with new direct offer
CeFDex, one of the leading providers of contracts for difference (CFDs) in Germany, has taken an important first step in its expansion into Europe and into the retail customer business. From 3 December, the company will offer its range of products and services directly to customers in Spain. The opening of the new CeFDex branch office in Barcelona underlines its ambitions for the Spanish CFD market, and is a response to the growing international interest among CFD market participants in services designed around German banking standards.

EBS to offer relationship-based, disclosed liquidity with the launch of EBS Direct
EBS, ICAP’s market-leading electronic FX platform, announces the launch of a new service, EBS Direct, providing relationship-based disclosed liquidity, in addition to its traditional anonymous spot FX offering.

Margaret McDermid Named Federal Reserve System’s Chief Information Officer
PR Newswire via Yahoo! News
The Federal Reserve Bank of Richmond has appointed Margaret E. “Lyn” McDermid as the Federal Reserve System’s chief information officer. McDermid, in her new role, will oversee national information technology for the Federal Reserve System.

Deutsche Bank Sued Over Home Mortgage-Backed Securities
Deutsche Bank AG , Germany’s largest lender, was sued by a trustee claiming that some securities sold by a unit of the bank were backed by home-mortgage loans taken out by fraudulent borrowers.

JPMorgan Sued for Fraud by CIFG Assurance Over CDOs
JPMorgan Chase & Co. was sued by CIFG Assurance North America Inc., which says it lost more than $100 million on collateralized debt obligations created by Bear Stearns, the investment bank JPMorgan acquired in 2008.

Canaccord Genuity plans to name UBS banker to head European arm
The Wall Street Journal
Canaccord Genuity plans to appoint former UBS banker Adrian Haxby head of its European investment banking arm, as the Canadian securities firm continues its push into the region following the acquisition earlier this year of UK stock broker Collins Stewart Hawkpoint.

Macquarie raises $500m for UK projects
Gill Plimmer, David Oakley and Patrick Jenkins –
Macquarie Group, the Australian investment bank, has raised $500m to invest largely in UK infrastructure projects in a move that should bolster plans by the British government to encourage private sector investment in new power stations, roads and hospitals.

Big Banks More Likely to Impose Arbitration on Checking
Large banks are more likely to force checking-account customers to forgo their right to sue over a dispute, according to a new study by the Pew Charitable Trusts.

FSA blames ‘ineffective’ UBS computer system for £1.4bn missed fraud
The Financial Services Authority has largely blamed UBS’ computerised risk management systems for failing to control the £1.4 billion losses incurred by rogue trader Kweku Adoboli.

State Street Announces Winners of 2012 Institutional Press Awards, Asia Pacific
Marketwire via Yahoo! Finance
State Street Corporation is pleased to announce today the winners of the inaugural State Street Institutional Press Awards, Asia Pacific, in recognition of outstanding performance in institutional financial services reporting across the region.

The biggest struggle yet for Citi’s repairman
Reuters via Yahoo! News
When Citigroup Inc’s board of directors was looking for a chief executive in 2007, it called Michael O’Neill, who had turned around Bank of Hawaii Corp a few years before. O’Neill spoke to a Citigroup board member on the telephone, but the board was reluctant to consider O’Neill seriously because he had never run a bank of Citigroup’s size or complexity

Goldman’s Blankfein Among CEOs Meeting With Obama Tomorrow
Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein joins 13 other corporate executives at the White House tomorrow as President Barack Obama courts their support for his plan to raise revenue and cut spending to avert the so-called fiscal cliff.

Gregory J. Fleming to Speak at the Goldman Sachs 2012 Financial Services Conference

The Sky’s the Limit: Schwab Brings Trading Power to the Web with Cloud Technology

Clearing & Settlement

TriOptima and four SGX members complete first portfolio compression cycle in Singapore clearinghouse
TriOptima announces that four SGX member banks successfully eliminated more than 82% of the SGD interest rate swaps they wanted to terminate in the first SGX triReduce portfolio compression cycle. The four participants, including two local institutions, reduced notional principal outstanding by $25 billion SGD in the inaugural compression cycle for cleared trades.

CME Group Clearing Advisory: Introducing Volatility Offset addition to SPAN Margin Methodology

Indexes & Products

Shanghai Ship Index Challenges 268-Year-Old London Bourse
Shanghai Shipping Exchange will introduce dry-bulk and oil-tanker indexes today in a challenge to a 268-year-old London bourse that sets freight rates covering about 75 percent of global commodity cargoes.

iShares Fixed Income ETFs Are First to Be Analyzed on Bloomberg Yield and Spread Analysis Tool
Business Wire via Yahoo! Finance
BlackRock, Inc. announced today that its iShares fixed income Exchange Traded Funds can now be analyzed using Bloomberg’s Yield and Spread Analysis tool. Originally developed for individual bonds, YAS has been enhanced to analyze the yield spread and interest rate risk sensitivity of select fixed income ETFs.

Four New iShares ETFs Launched On Xetra – ETFs Based On Government And Corporate Bonds And On Stock Corporations Based In Mexico

Launch Of CES China 120 Index On 10 December

STOXX Changes Composition Of Benchmark Indices – Results Of The Fourth Regular Quarterly Review To Be Effective On December 24, 2012

S&P Dow Jones Indices Announces Changes In Canadian Indices – A Deletion From The S&P/TSX SmallCap And Global Mining Indices


PEAK6 Advisors LLC Implements Paladyne FastStart in Their Investment Management Platform
Paladyne Systems, Inc., a Broadridge Financial Solutions, Inc. Company (BR) and leading provider of next generation investment management solutions, today announced that PEAK6 Advisors LLC, an investment advisory firm launching a multi-asset class hedge fund, has selected Paladyne FastStart as part of its institutional-grade investment management platform.

New Functionality for Swap Aggregation Increases CVA & PFE Calculation Speed
Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, today announced key features and functionality now available in Numerix CrossAsset, its flagship analytics framework for structuring, pricing and risk managing any derivative.


CFTC Fines Former Morgan Stanley Trader for Illegal Futures Trades
By Tess Stynes – Dow Jones
A former Morgan Stanley (MS) managing director and branch manager agreed to a $300,000 civil penalty and a four-month registration suspension in a settlement of trading-violation charges, according to the U.S. Commodity Futures Trading Commission.

CFTC Charges Connecticut Resident Feisal Sharif with Operating a $5.4 Million Commodity Pool Ponzi Scheme and Misappropriating at least $900,000 of Pool Participants’ Funds
The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action charging defendant Feisal Sharif of Branford, Conn., with operating a commodity pool Ponzi scheme that solicited approximately $5.4 million from at least 50 people to invest in a commodity pool named First Financial, LLC.

SEC Charges Four India-Based Brokerage Firms with Violating U.S. Registration Requirements
The Securities and Exchange Commission today charged four financial services firms based in India for providing brokerage services to institutional investors in the United States without being registered with the SEC as required under the federal securities laws.

[ASIC] Former consultant pleads guilty to insider trading

ASIC warns consumers against purported investment firm

The AMF warns the public about Capital Alliances Ltd

Environmental & Energy

ICE Futures Europe Announces Reopening of Emissions Daily Futures Market and New Phase III Daily Futures Contract
IntercontinentalExchange, a leading operator of global markets and clearing houses, today announced that ICE Futures Europe will reopen the daily futures market for Phase II EU Allowances and Certified Emission Reductions on December 10, 2012. On the same date, ICE Futures Europe will introduce a new daily futures contract for Phase III EU Allowances.

RGGI Investments Cut 12m Tons of CO2
Investments made between 2009 and 2011 using proceeds from the allowance auctions of The Regional Greenhouse Gas Initiative – a cap-and-trade system for power plants in certain northeast and mid-Atlantic states – will help avoid the emission of 12 million short tons of carbon dioxide pollution, according to a report released by the states participating in the program.

US defends ‘enormous’ climate efforts at UN talk
Anticipating an onslaught of criticism from poor nations, the United States claimed “enormous” strides in reducing greenhouse emissions at the opening of U.N. climate talks Monday, despite failing to join other industrialized nations in committing to binding cuts.

China, Brazil Call for $100 Billion Climate Aid Roadmap
China and Brazil called for developed nations to detail plans on boosting aid for climate projects to $100 billion by 2020, a measure they say is essential for United Nations climate talks to succeed.


Abe Spurs Tripling of Overseas Debt Buying on Yen: Japan Credit
Shinzo Abe, the front-runner to become Japan’s next prime minister, is helping drive an almost tripling of foreign bond buying by local investors as he calls for central bank steps to fuel inflation and weaken the yen.

Hong Kong’s Securities And Futures Commission: Former CITIC Pacific Senior Executive Jailed For Insider Dealing

Frontier Markets

DGCX Records Over 1 Million Contracts In October

JSE-Listed Companies Make Strides In Sustainable Business Practices – JSE’s 2012 SRI Index Annual Review Results

Dubai Financial Market And NASDAQ Dubai Hold UAE Investor Roadshow 2012 With Deutsche Bank

Tehran Stock Exchange Closes The 2nd FEAS On-site Program


Yes, InTrade Had A Contract On Whether InTrade Would Survive
Business Insider
Given the CFTC’s suit against InTrade, and the company’s decision to ban US participants from using real money, there are lots of jokes about whether there was an InTrade contract on InTrade’s continued existence.

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