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Bear Stearns Capital Trust III Announces Cash Distribution
Bear Stearns Capital Trust III, a special purpose trust controlled by The Bear Stearns Companies Inc. (NYSE: BSC), today announced its regular quarterly cash distribution on its outstanding shares of 7.8% Trust Issued Preferred Securities.
ICAP Launches Interactive Weblog To Focus on Market-Moving Issues and Events
ICAP plc, the world's largest interdealer broker, today announced the launch of an interactive weblog which will serve as a portal for up-to-the-minute industry news, analyst commentary and active discussion on timely issues facing the over the counter markets. Visitors can access the weblog at http://icapinsight.typepad.com/icap_insight/.
Lightspeed Holdings Closes Acquisition of E*TRADE Professional Trading and ETP Technologies
Lightspeed Holdings, LLC, a leading independent provider of brokerage services for institutional and professional traders, today announced it has completed the acquisition of E*TRADE Professional Trading, LLC and ETP Technologies, LLC from E*TRADE FINANCIAL Corporation. The transaction is pending approval from the NASD. Financial terms of the transaction were not disclosed.
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