ICE Clear Europe Clears Euro 51 Billion in Third Week of European CDS Processing; Announces New CDS Clearing MemberAugust 16th, 2009 LONDON -
IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced ICE Clear Europe(R) cleared 734 transactions totaling Euro 50.8 billion (US$72.1 billion) in credit default swap (CDS) indexes during the week of August 10. Open interest reached Euro 6.6 billion (US$9.4 billion).
ICE Clear Europe Clears Euro 32 Billion in Second Week of European CDS ProcessingAugust 9th, 2009 LONDON -
IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced ICE Clear Europe(R) cleared 699 transactions totaling euro 31.9 billion (US$45.2 billion) in credit default swap (CDS) indexes during the week of August 3. Open interest reached euro 1.5 billion (US$2.1 billion).
ICE Clear Europe Announces euro5.9 Billion in CDS Cleared for Week of July 27, 2009August 2nd, 2009 LONDON -
IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that in its first week of operation, ICE Clear Europe(R) cleared euro5.9 billion (US$8.4 billion) in credit default swap (CDS) indexes. ICE began clearing the iTraxx index contracts on July 27 through ICE Clear Europe's CDS clearing operations.
ICE Clear Europe Launches European CDS ClearingJuly 28th, 2009 LONDON -
IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, announced that ICE Clear Europe(R) has introduced clearing for European credit default swaps (CDS), beginning with iTraxx contracts, effective this week. ICE's CDS clearing operations are designed to address the operational and risk management needs of the credit market, as well as calls by regulators and policy makers for transparency, standardization and systemic risk reduction.
Credit Suisse Asset Management Selects BNY Mellon Asset Servicing to Provide Full Range of Fund Administration Services for New Exchange-Traded Funds (ETF)July 14th, 2009 DUBLIN -
- CSAM launches first Irish ETFs
BNY Mellon Asset Servicing, the global leader in securities servicing, has been selected by Credit Suisse Asset Management (CSAM) to provide a full range of fund services including accounting, administration, transfer agency and custody services, to support the launch of their first Irish ETFs. The ETFs will be UCITS products and will be based on broad market equity and fixed income indices.
Banks Support Gunvor With USD 600m Syndicated LoanJuly 6th, 2009 GENEVA - Leading independent oil trader Gunvor International B.V., headquartered in Amsterdam, has signed a revolving one-year credit facility of USD 600m, successfully refinancing and extending last year's debut of USD 370m. Just as the 2008 debut was oversubscribed, this year's refinancing also attracted significant interest and original plans for a USD 450m facility were extended by an additional USD 150m.
Card Statements Blind Consumers to Debt TrapJune 15th, 2009 MELBOURNE, Australia - New research released today indicates that the majority of credit statements used around the world mask the true level of debt being racked up by unsuspecting consumers thanks to major design flaws within the documents. "Consumers have been lulled into a false sense of security, that they are operating their credit card to the best of their ability based on the information they are being given on their statement," says Professor Sless, Director of the Communication Research Institute, "but the study has found that these statements are virtually incomprehensible.
Addax Petroleum Presents at Upcoming ConferencesMay 27th, 2009 CALGARY, Canada - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) announces that Mr. Jean Claude Gandur, President and Chief Executive Officer, will be presenting at the Credit Suisse London Oil & Gas Conference 2009 on Tuesday, June 2, 2009 at approximately 2:30 p.m.
Fannie Mae Prices New Issue 2-Year Benchmark Notes(R)April 7th, 2009 WASHINGTON - The following is being issued by Fannie Mae (NYSE: FNM):
2-Year Pricing Date April 8, 2009 Settlement Date April 9, 2009 Maturity Date April 28, 2011 Issue Size US$6 billion Coupon 1.375% Price 99.759 Yield 1.495% Payment Dates Each April 28th and October 28th, beginning April 28, 2009 Spread +60 basis points / 0.875% 03/31/11 U.S. Treasury CUSIP 31398AWQ1 Listing Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange
Barclays Capital Inc., Credit Suisse Securities (USA) LLC, and Goldman Sachs & Co.
Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R)April 6th, 2009 WASHINGTON - The following is being issued by Fannie Mae (NYSE: FNM):
2-Year Pricing Date April 8, 2009 Settlement Date April 9, 2009 Maturity Date April 28, 2011 Issue Size TBD Coupon TBD Payment Dates Each April 28th and October 28th, beginning April 28, 2009 CUSIP 31398AWQ1 Listing Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange
Barclays Capital Inc., Credit Suisse Securities (USA) LLC, and Goldman Sachs & Co. are the joint lead managers.