FNM Also Suspends Foreclosures Thru January
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FRE Suspends All Foreclosures, Evictions of Occupied Homes Thru January 9, 2009
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S&P/TSX Down 765 Points, a 9% Decline to 7724 at Close
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10yr Yield Drops to 3.05% (Lowest Ever)
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Dell Beats in Q3 - 37 Cents/Share vs. 31 Estimated
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BoNY Cutting 4% (1,800 Jobs)
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Citi: Strong Capital Position, Liquidity --CNBC
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TSY - no other funds in TSY's temporary money mkt guarantee program rec'd a similar liquidation notice from the SEC
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TSY's Exchange Stabilization Fund will buy any remaining securities in The Reserve Fund at amortized cost
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TSY is helping The Reserve Fund to ensure "order and timely" liquidation
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Office of Thrift Supervision says 225 banks seeking funds are pending Agency Review
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OTS says 1/3 of Thrift Banks have sought bailout funds
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TSY - The Reserve Fund's securities are s/t Gov't paper and FNM, FRE securities
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TSY will serve as 'buyer of last resort' for The Reserve Fund's securities
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30yr Yield Drops to 3.61% (Lowest Ever) on Biggest Day Drop Since Sep-01
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TSY had taken The Reserve Fund into the Temporary Guarantee for Money Market Funds program
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TSY says they agree to help liquidate fund due to "extraordinary and unique" circumstances
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TSY agrees to help liquidate The Reserve Fund's U.S. Gov't Fund
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Long Bond Up 5 Handles in Panic-Buying
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S&P Down 5.1% to 765, Lowest Since Apr-97
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29th July, 2008 - FlexTrade Systems announces that Weeden & Co. LP has replaced its OMS platform with FlexOMS

Weeden & Co. Deploys FlexOMS

Vijay Kedia, President and CEO, FlexTrade: "FlexTrades proven expertise in low latency, high volume trading on the execution side enabled us to build a homegrown OMS that can stand alone or be configured to run as a fully integrated front to back solution with FlexTRADER or other in-house EMS platforms.

FlexTrade Systems Inc has announced that Weeden & Co. LP has replaced its OMS platform with FlexOMS, FlexTrades new sell-side order management system.

By implementing FlexOMS, Weeden is deploying a cutting edge, end-to-end order management solution that combines and streamlines the trading process between buy-side clients and execution venues, thus allowing them to manage firm-wide risk and optimize their trading workflow with significant performance and cost improvement.

As Weedens business model evolves from traditional high touch to a combination of high touch and no touch algorithmic trading, such as our industry leading ONEPIPE product, we needed to partner with an industry leader in the high volume, high throughput, and low latency OMS space. By integrating our proprietary front end trading technology with FlexTrades back office OMS technology, we now have a state-of-the-art front to back solution to help service our clients, said Amit Chatterjee, Managing Director and CIO of Weeden & Co.

We are very excited about this rollout, said Vijay Kedia, president and CEO of FlexTrade. Its no secret that the market for trading technology is rapidly changing. As the sell-side transaction processing needs have grown exponentially with algorithmic trading and DMA, FlexTrades proven expertise in low latency, high volume trading on the execution side enabled us to build a homegrown OMS that can stand alone or be configured to run as a fully integrated front to back solution with FlexTRADER or other in-house EMS platforms.

Designed to augment the sell-side functionality of FlexTrades suite of trading solutions, FlexOMS is comprised of three primary components, including:

Order Management

* Comprehensive management of all types of customer orders over their entire life-cycle.

* Configurable allocation module that supports automatic as well as manual matching.

* All-inclusive risk and position monitoring.

* Real-time reporting to FINRA/NASDAQ Trade Reporting Facility (ACT).

* A full suite of trading ledger and compliance reports, OATS and DPTR.

* Fully redundant solution for business continuity.

* Seamless integration with the FlexTRADER EMS.

* Flexible interface to integrate with any in-house EMS.

* Can be hosted or installed locally.

* Corporate action processing.

* MTD and YTD position and P&L maintenance, interface to multiple clearing systems, historical data manager.

Market Making

* Two-sided quoting with the national market system (NMS).

* Enforcement of Limit Order Display and Limit Order Protection rules when handling retail orders.

* Enforcement of Short Sale rules and Affirmative Determination Rule.

* Implementation of execution rules when handling retail orders, such as Limit Order Display and Short Sells.

* Compliance and Manning rules as specified by the NMS.

* Integrated rules and algorithmic engine for better control over trading process and risk.

Streamlined Reporting

* Persistence in FlexOMS database for custom reports and archiving.

* Integration with customers in-house data warehouse.

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