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Daily News; White Plains
Fx Markets Gain Liquidity As Electronic Trading Integrates World
NEW YORK (HedgeWorld.com) - Figuring out the trends in foreign exchange may be tricky, but trading is easier than ever - with costs coming down and volume growing as prime brokerages hook up to an electronic system. Global macro and FX managers have long benefited from the liquidity of currency markets. That is being enhanced by electronic trading. Electronic Broking Service, a consortium owned by 11 banks, averages US$100 billion in FX trades a day, said EBS Chief Operating Officer Bill Moran.
Sungard Buys Kiodex, Expands Its Asp Services
NEW YORK (HedgeWorld.com) - SunGard Trading and Risk Systems, an operating group of SunGard Data Systems Inc., announced its acquisition of Kiodex Inc., New York. Kiodex is known for the Kiodex Risk Workbench and Kiodex Global Market Data, risk-management tools delivered on an application service provider framework. SunGard acquired Kiodex in order to expand its own ASP-based portfolio, officials there said in a statement Tuesday.
S&P: Event Driven and Arbitrage Pull Index Up
NEW YORK (HedgeWorld.com) - After going into the red in July, the Standard & Poor's Hedge Fund Index was positive for August, up 0.16%, buoyed by arbitrage and event-driven funds, with the distressed strategy as the best performer. The event-driven portion, which covers merger arbitrage, distressed and special situations, gained 0.26%. Arbitrage strategies made 0.27%, despite negative performance by fixed-income vehicles. Convertible arbitrage returns, at almost 1% for the month, also boo...
Dioxin Levels Three Times Higher; Report Finds Greater Risk of Cancer for Iwd Neighbours
PARITUTU residents exposed to dioxin emissions from the former Ivon Watkins-Dow chemical plant could have a 10% higher risk of dying of cancer, a Ministry of Health investigation has found. Yesterday residents who were part of a recent blood serum study were told they had, on average, three times higher levels of dioxin compared with the rest of the New Zealand population.
Doug Determined Not to Get Down Over Blood Imbalance
LONG-TIME Paritutu resident Doug West has four times the national average of a dangerous dioxin in his blood -- but he's not worried. "I might be wrong, but I reckon you are the master of your future, to a degree. If you eat healthy and move your backside off a chair, you have a better chance.
DOW AGROSCIENCES does not accept the levels of dioxin exposure revealed in the Ministry of Health's interim Paritutu study represent a threat to human life. In a statement issued yesterday, Dow Agrosciences New Zealand manager, Peter Dryden, said: "While there is scientific consensus that dioxin can harm humans, this occurs at very high levels of exposure -- far higher than those found in this interim study.
PUKE ARIKI'S esteemed child-focused learning programme has been given an extended lease on life. The Learning Experiences Outside the Classroom (LEOTC) scheme missed out on government funding earlier this year and looked set to close down.
Family Wonders If Dioxin Caused Girl's Leukaemia
WHY ME? That is the question in the minds of 15-year-old Paritutu resident Melissa Long and her parents Terry and Tanya.
Man Admits Kicking in Cashflow Machine
TWO men accused of breaking into a bank and also stealing a digger fronted up in the New Plymouth District Court yesterday. Charles Godfrey Kemp pleaded guilty to entering Waitara's ANZ with intent to commit a crime and taking a digger worth $20,000.
Forum Gives Voters a Look at Candidates
SOUTH TARANAKI voters will have a chance to meet many of their candidates at a public forum to be held in Hawera next Monday evening. Promoted by the Naumai South Taranaki Toastmasters, the forum will give candidates for Taranaki Regional Council, District Health Board and the Hawera-Normanby ward a two-minute opportunity to introduce themselves before facing question and answer sessions.
Films at Festival Popular with New Plymouth Fans
NEW PLYMOUTH is halfway through a feast of the world's best films. The first week of the town's 27th International Film Festival has been very successful, Top Town Cinemas manager Pamela Smith said.
Mountain Visitors Leave Trail of Trash for Others
STRATFORD residents have had a gutsful of visitors who come to see the mountain and leave a trail of rubbish in their wake. Access roads to Mt Taranaki were often littered with bottles, cans, and fast food packaging, Stratford District Council spokesperson Linda Patterson said.
Thrills On Way for Skywatchers
A NEW aircraft in our skies may soon turn Taranaki's popular aerobatic duet into a trio. Plane watchers who marvel at the tight formation, rolls, loops, dives and dogfights that often fill the weekend skies with the rumble of aircraft engines, will notice a newcomer on the scene.
[ Raising the Roof ][No Published Headline]
RAISING THE ROOF: Highlands Intermediate School pupils were among 800 children who gave it their all at the New Plymouth Primary Schools Music Festival last night at the TSB Stadium. Students from 23 school choirs got some of the 1800 spectators' toes tapping when they performed together at the biannual event. Some schools sang individually while others took the stage alongside Francis Douglas Memorial College's band.
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