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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CorvilNet Latency Management System Used to Monitor, Analyse and Optimise Credit Suisse Network Infrastructure for Ultra Low-Latency Trading

IDX: Credit Suisse selects Corvil for global low-latency networking deployment

Donal Byrne, CEO, Corvil: We look forward to working with the Credit Suisse and BT GFS teams to exploit the benefits of having superior latency information and performance to achieve trading advantage.

Corvil Ltd has announced a global deployment of its flagship CorvilNet product in Credit Suisse, one of the worlds leading banks. Corvil teamed with BT to deliver a best-in-class solution for automatic and continuous monitoring, analysing and optimising of the Credit Suisse network for low-latency.

In todays electronic trading environments, a latency reduction measured in microseconds can offer a significant competitive advantage. Traditional network instrumentation, analytics, and optimisation technologies are not able to meet the low-latency demands of these environments. CorvilNet is specifically designed to monitor, analyse and optimise the network against ultra low latency objectives, including those on market data feeds.

Kevin Covington, head of strategy propositions and portfolio at BT Global Financial Services, said: BT GFS is the premier supplier of ultra high speed network infrastructure to capital markets. We have considerable experience helping our customers achieve competitive advantage in the low-latency arms race. We believe it is very important to work with highly innovative companies like Corvil and bring the advantages of their breakthrough technology to our strategic customers.

With traditional approaches, troubleshooting and resolving network latency issues can take from hours to weeks. Meanwhile trading opportunities can be lost. With the CorvilNet Latency Management System, network administrators can proactively specify the latency objectives of the network in terms of meaningful objectives and automatically and continuously monitor the network for compliance against those baselines. If latency violations occur, CorvilNet immediately alarms, performs a Smart packet capture for deep forensics, and provides recommendations for network optimisations to re-establish performance in line with expectations. Additionally, with CorvilNet, a network administrator can easily measure the headroom available for market surges, traffic growth, or the impact of new applications on the network.

We are pleased that Credit Suisse has selected Corvil for latency management and optimisation of their network infrastructure, said Donal Byrne, CEO of Corvil. We look forward to working with the Credit Suisse and BT GFS teams to exploit the benefits of having superior latency information and performance to achieve trading advantage.

The global deployment within the Credit Suisse network covers LAN and WAN facilities in three different continents and represents one of the most comprehensive low latency networking projects in the market to date.
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CorvilNet Latency Management System Used to Monitor, Analyse and Optimise Credit Suisse Network Infrastructure for Ultra Low-Latency Trading

IDX: Credit Suisse selects Corvil for global low-latency networking deployment

Donal Byrne, CEO, Corvil: We look forward to working with the Credit Suisse and BT GFS teams to exploit the benefits of having superior latency information and performance to achieve trading advantage.

Donal Byrne, CEO, Corvil: We look forward to working with the Credit Suisse and BT GFS teams to exploit the benefits of having superior latency information and performance to achieve trading advantage.