| TradeKing CEO to Offer Perspective on the Growing Opportunity in ...
BOCA RATON, Fla., Nov. 19 /PRNewswire/ -- TradeKing (www.tradeking.com), a nationally licensed online broker dealer, today announced that its Chairman and CEO Donato Montanaro will be a featured speaker on "The Retail Business" panel during the 23rd Annual Futures and Options Expo taking place November 27-29 in Chicago. Montanaro and the panel participants will discuss the growth of options trading among individual investors and the various approaches brokerage firms are taking to offering options to the retail trader, comparing traditional business models with those of new entrants. He will be joined on his panel by brokerage executives from TD Ameritrade, Merrill Lynch, Optionshouse and OptionsXpress. For more information, visit: http://www.futuresindustry.org/expo-2007.asp.
NCEL launches awareness drive for rice trading
KARACHI: National Commodities Exchange Limited (NCEL) on Monday launched a month-long pre-launch programme and investor awareness drive ahead of the commencement of listing and trading of its IRRI-6 Rice Futures Contract.
Managing Director Assim Jang said NCEL will be in Kandhkot, in upper Sindh, holding the first of investor awareness seminars aimed at informing the potential participants, including growers, millers, traders and exporters of the details of Futures Trading in IRRI-6 rice and encouraging their participation.
We have chosen these areas to start out investor awareness drive as they are the trading hubs of IRRI-6 rice, Assim said adding, we feel it is important to reach out to the key participants in our market on a one-to-one basis, they will not only ultimately benefit from this new contract, but also will provide NCEL with the necessary depth and liquidity, he added.
Oil prices remain near US$99 a barrel but market seen staying bullish
Oil prices were barely higher Friday from the previous session's close after setting a record above US$100 a barrel overnight on a larger-than-expected drop in U.S. crude stockpiles. Light, sweet crude for February delivery was up 4 cents to US$99.22 a barrel in electronic trading on the New York Mercantile Exchange by midday in Europe. On Thursday, the contract rose as high as US$100.09 a barrel, a trading record, before retreating to settle at US$99.18. In London, Brent crude fell 8 cents Friday to US$97.52 a barrel on the ICE Futures exchange. The U.S. Energy Department's Energy Information Administration said Thursday that crude inventories fell 4 million barrels last week, much more than the 1.7 million barrel decline analysts surveyed by Dow Jones Newswires, on average, had expected.
In close race, U.S. Democrats brace for the long haul
For those voters who consider Obama as a glamorous IPO with the high-flying potential like another Google, they jump onto the bandwagon in fear that they might miss the chance to get rich quick. Who knows what eventually could turn out, just like so many fancy stocks during the dotcom craze days eventually turned into dogs and lemons in the aftermath of the dotcom meltdown. Obama might just become another Crispy Cream, which had so much anticipation and later so mcuh disappointment. .
Hedge funds scent a market turnaround amid turbulence
London: If hedge funds are, as is often claimed, the investment vanguard, their latest moves appear to be telling financial markets it is time to take a break from the trading patterns that have dominated since mid-2007. Investment banks have been poring over the latest data on hedge fund positioning from the Commodities Futures Trading Commission (CFTC) and concluded that a number of speculative bets have been changed. Societe Generale, for example, says long positions on 10-year government bonds have been closed. That is to say, hedge funds are not expecting demand for such bonds to increase and drive yields lower. .
Journey to the Lands of Cotton: A Brief Manual of Globalisation
Though synthetic fibres dominate the market (60 per cent), cotton is holding its own (40 per cent). And so cotton clothes the human race. And it doesn't stop there. It goes into the making of medical compresses, of course, but also specialized papers (including banknotes), photographic film and candlewicks. And, in their constant concern to make themselves useful, its fibres go into the composition of cosmetics (nail varnish, haircare products), toothpastes, ice creams ... And even though the taste of some Bolognese sauces or German sausages might seem strange, how were we to know that they contained cotton? The seeds are no less generous. Rich in protein, they provide us, without our knowing it, with a large part of our table oil. As the marketing men apparently fear that the 'cotton oil' label will put off the potential buyer, it is dubbed, more vaguely and more generally, 'vegetable oil'.
Official to quit if Roberts returns
Read the latest stories about the ORU lawsuit, examine the lawsuit and other documents, and watch slide shows and video.
Vote in a poll: Should Richard Roberts return as the president of ORU?
Oral Roberts University's executive vice president of academic affairs and provost offered his resignation to the board of regents on Thursday if the board decides to keep Richard Roberts as president.
Mark Lewandowski wrote regents Chairman George Pearsons that he "would be pleased to continue to serve" in his job if Roberts resigns or is not reinstated, according to his letter first obtained by The Associated Press.
Roberts has been on a leave of absence as ORU president since Oct. 17 while the board and independent auditors investigate allegations made in a lawsuit that he and his family misused ORU and Oral Roberts Ministries money and resources.
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