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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October 9th, 2008 - Tora appoints Transaction Network Services to provide fully-managed, low latency trading connectivity for brokers and clients via TNS' Secure Trading Extranet

Tora enhances connectivity with TNS

Alex Walker, Senior VP & GM, Financial Services Division, TNS, added: "The TORA Compass trading platform is a valuable addition to our financial community of interest."

Tora has appointed Transaction Network Services (NYSE:TNS) to provide fully-managed, low latency trading connectivity for brokers and clients via TNS' Secure Trading Extranet.

"TNS is widely recognised as one of the world's leading FIX-enabled networks for electronic trading," comments Mick Hastings, Tora's vice president for technology infrastructure. "On top of the advantages of fast and secure connectivity, the previously complex task of connecting new brokers to our TORA Compass trading platform has been greatly simplified. Thanks to TNS' connectivity management we have realised significant efficiency gains that have enabled us to reallocate internal resources to support other critical processes."

Alex Walker, TNS' senior vice president and general manager, Financial Services Division, added: "The TORA Compass trading platform is a valuable addition to our financial community of interest. We are delighted to welcome Tora and their growing list of clients to our network and to provide them with fully managed connectivity." click here to return to the top of the page