BoC To Auction C$2bln In 30 Day TLF on Monday
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White House Officially Signs Off On Automaker Loan Agreements
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Fed to Further Revise TALF Terms Based on Market Needs Going Forward
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Fed Extends TALF Loan Maturity from 1yr to 3yrs
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TALF Loans No Longer Distributed Through Auction, Available to All Eligible Borrowers --NY FED
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BoA Sells $6.75bln of FDIC-Backed Debt
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IL Governor intends to stay on the Job; will answer questions in appropriate forum
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Obama - economists insist economy must be put back on track first
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Obama - part of econ plan...mechanism to get budgets under control
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Obama - once we get economy back on track, we will be confronted w/ "this enormous deficit"
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Obama - will change how business is done in D.C.; no road to nowhere...
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Obama - focus on job creation, increasing demand, fix financial markets will cost significant amount of money
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Obama - need bold approach to stop rapid econ decline
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Community Bankers Trust Gets $17.68mln of TARP Funds
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Obama - concerned about Stimulus estimates; econ forecasts have deteriorated
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Obama - must have reciprocity in Trade Agreements; labor, environmental agreements must be part of trade agreements
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Obama - must rebuild regulatory structure
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Obama - create jobs and train workers for them; the way to keep jobs in the U.S. is to rebuild infrastructure
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No FED speeches scheduled thru year end - barring unforseen events
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Petrobras Gas, Oil Output Totaled 2.17mln BPD in November
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June 12th, 2008 - National Stock Exchange, Inc. (NSX) will use SunGards Brass Liquidity Services dual routing infrastructure to route all traffic NSX directs to other venues for best execution obligations.

NSX to Use SunGard’s Brass Liquidity Services for Execution and Clearing

Joseph Rizzello, CEO, NSX: "“We have a commitment to our clients to provide cutting edge technology and keep our cost structure low."

NSX will use Brass Sponsored Access, from SunGard’s Brass Liquidity Services suite, to help it with Reg NMS-compliant, direct connectivity to protected venues, ECNs and dark pools. Brass Liquidity Services’ dual-routing infrastructure will help NSX fulfill both its best execution and Reg NMS obligations by supporting exchange requirements to route away flow to any of the Reg NMS protected venues showing a better price. Additionally, the dual structure will provide NSX with a backup routing infrastructure and a cross-platform failover mechanism. This will help ensure reliability and stability, especially during volatile trading conditions.

NSX will leverage Brass Sponsored Access‘ high-speed, low-latency direct connectivity to reduce the number of hops it takes to reach available, better-priced markets.By minimizing the number of hops, latency in the trade lifecycle is reduced, and will help NSX to better fulfill its best execution obligations. Correspondent clearing services will help NSX to increase post-trade efficiency, while decreasing infrastructure requirements and clearing and settlement costs.

Joseph Rizzello, chief executive officer of NSX, said, “We have a commitment to our clients to provide cutting edge technology and keep our cost structure low. SunGard worked with us to tailor a custom solution with competitive pricing that meets our own unique needs and will help us reduce our operational expenses. We look forward to the prospect this presents for offering our clients even more competitive pricing and we are particularly excited to provide SunGard’s customer base with our low-cost solution.”

Raj Mahajan, president of SunGard’s trading business, said, “NSX and SunGard share a customer-centric focus and approach to running our businesses. We strive to present our customers with cost-effective, innovative solutions, across the entire trade lifecycle. NSX’s selection of SunGard demonstrates how we strategically partner with our customers to provide tailored, complete solutions that support all areas of the business.”

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June 12th, 2008 - National Stock Exchange, Inc. (NSX) will use SunGards Brass Liquidity Services dual routing infrastructure to route all traffic NSX directs to other venues for best execution obligations.

NSX to Use SunGard’s Brass Liquidity Services for Execution and Clearing

Joseph Rizzello, CEO, NSX: "“We have a commitment to our clients to provide cutting edge technology and keep our cost structure low."

June 12th, 2008 - National Stock Exchange, Inc. (NSX) will use SunGards Brass Liquidity Services dual routing infrastructure to route all traffic NSX directs to other venues for best execution obligations.