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The contract will have a notional value of US$40,000 and a tick value of US$10. The clearing and settlement will take place through The Clearing Corporation, Chicago, which is a safe, reliable independent clearing house with a 75 year history of risk management.
Bombay Stock Exchange (BSE), the oldest exchange in Asia, has announced that it […]

US stocks shot up the most in two weeks on Tuesday after strong demand for a Lehman Brothers share offering quelled fears it was headed toward a fate similar to Bear Stearns and raised optimism that the worst of the credit crisis may be over.
A $19 billion write-down by Swiss bank UBS AG reinforced the […]