News
CDS: Spreads rally tracking stocks; Citi leads the charge
Credit default swap 5-year mid-levels for structured products issuers (September 3)
US Wrap: S&P 500 sandwiched between alternative choices
Two less traditional alternatives to the S&P 500 index have been released into the US market by Credit Suisse and Royal Bank of Canada (RBC).
New member registrations reopened on Climex
Netherlands-based exchange Climex, which offers environmental and energy contracts, has reopened its membership registration for the carbon spot exchange after reviewing and amending its criteria.
DB liquidates oil ETN
Deutsche Bank will close down one of its exchange-traded oil products amid an investigation by regulators into the need for tighter oversight of energy futures markets.
Duke Energy withdraws from Clean Coal coalition
US utility Duke Energy has withdrawn from the American Coalition for Clean Coal Electricity (ACCCE) because of constraints imposed by influential member companies who will not support passing climate change legislation in 2009 or 2010 the company said.
LME delays launch date for minor metals
The London Metal Exchange (LME) has delayed the launch of its new minor metals contracts for molybdenum and cobalt until February 22 2010.
E.ON completes 475MW wind farm in US
German utility E.ON has announced the completion of its 457.5 megawatt (MW) Panther Creek wind farm in Texas, making it one of the ten largest wind farms in the United States.
Dealers in $128m ARS repurchase as legal actions continue
Three securities firms are to repurchase $128 million in auction-rate securities (ARS) from aggrieved holders of the illiquid instrument and will pay $600,000 in fines in the latest in a spate of regulatory actions in response to the mis-selling of the…
Actimize acquires Fortent
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Schapiro reprimands broker-dealers over remuneration
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NYSE addresses corporate governance best practice
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Stanford and Antigua regulator 'blood brothers' in fraud, claims CFO
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UK Treasury warns banks over sanctions
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Cebs appoints new chair and deputy chair
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Morgan Stanley turns bullish on Asia exposure with four new ETFs
Morgan Stanley has unveiled a new play on Asian equity exposure in the US, a US$5million deal that links to an equally weighted basket of four exchange-traded funds (ETFs).
RBS returns to market with NDFA following Keydata collapse
Royal Bank of Scotland (RBS) is returning to the intermediary market with its new range of structured products after replacing its now-insolvent administrator Keydata with NDFA.
ProShares hit by lawsuits over leveraged ETFS
Exchange-traded fund (ETF) provider ProShares is the target of two class action lawsuits filed by Labaton Sucharow in the US over the performance of its UltraShort Real Estate and Financials funds. The actions come in the wake of media scrutiny over…
Deutsche redeems Powershares ETNs
Deutsche Bank will redeem all outstanding Powershares DB Crude Oil Double Long exchange-traded notes (ETNs), according to a statement issued by the bank on September 1.