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

Username: Password: Forgotten your Password? Create an Account

August 1st, 2008 - The Osaka Securities Exchange Co., Ltd. (OSE) and International Securities Exchange Holdings, Inc. (ISE) has announced the termination of their Memorandum of Agreement (MOA) to create a jointly owned equity options trading platform for the Japanese market. Given market developments in Japan, OSE has changed strategic direction to concentrate on strengthening its core business, and as such, elected to terminate the MOA that would have led to the establishment of a new joint venture with ISE.

Osaka Securities Exchange and International Securities ExchangeTerminate Memorandum of Agreement

Michio Yoneda, President and CEO of OSE, said, "This adoption of a new strategic direction will allow us to concentrate on growing our core business and further improving our technology platform. We deeply regret the announcement of the termination of the MOA with ISE and offer our sincere appreciation for ISE's understanding in the matter."

Gary Katz, President and CEO of ISE, said, "Although we are very disappointed that our joint venture with OSE did not come to fruition, we recognize OSE's corporate priorities have changed, and we respect their decision to end discussions related to our joint project."

click here to return to the top of the page