All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer . Morningstar: 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved.
By Tia Ghose,Livescience.com / October 8, 2013 The find contradicts the notion that European Jews mostly descend from people who left Israel about 2,000 years ago. clh/HO/The Wellcome Trust/Reuters The Christian Science Monitor Weekly Digital Edition Though the finding may seem intuitive, it contradicts the notion that European Jews mostly descend from people who left Israel and the Middle East around 2,000 years ago. Instead, a substantial proportion of the population originates from local Europeans who converted to Judaism, said study co-author Martin Richards, an archaeogeneticist at the University of Huddersfield in England. Tangled legacy Little is known about the history of Ashkenazi Jews before they were expelled from the Mediterranean and settled in what is now Poland around the 12th century. On average, all Ashkenazi Jews are genetically as closely related to each other as fourth or fifth cousins, said Dr. Harry Ostrer, a pathology, pediatrics and genetics professor at the Albert Einstein College of Medicine in New York and the author of “Legacy: A Genetic History of the Jewish People” (Oxford University Press, 2012). RECOMMENDED: Are you scientifically literate? Take our quiz But depending on whether the lineage gets traced through maternal or paternal DNA or through the rest of the genome, researchers got very different answers for whether Ashkenazi originally came from Europe or the Near East. Past research found that 50 percent to 80 percent of DNA from the Ashkenazi Y chromosome , which is used to trace the male lineage, originated in the Near East, Richards said. That supported a story wherein Jews came from Israel and largely eschewed intermarriage when they settled in Europe. [ The Holy Land: 7 Amazing Archaeological Finds ] But historical documents tell a slightly different tale. Based on accounts such as those of Jewish historian Flavius Josephus, by the time of the destruction of the Second Temple in A.D.
ICE Clear Europe Announces Successful Launch of European CDS Client Clearing; Five Clients Active on Day One
Morgan. In the U.S., ICE Clear Credit commenced client clearing in 2009 and has cleared U.S. $2.6 trillion in gross notional value for 301 clients to date. Globally, ICE has cleared 1.45 million CDS trades in the aggregate, totalling U.S. $44.8 trillion in gross notional value CDS instruments. Open interest stood at $1.5 trillion at September 27, 2013. ICE Clear Europe’s client clearing solution provides global OTC clearing expertise, an industry-leading risk management model, real-time clearing for index and single name CDS and enhanced position and margin portability. The ICE CDS clearing houses also have independent governance and the world’s largest dedicated default funds for CDS. ICE has established risk frameworks for the clearing of CDS that are separate from its futures markets, including independent risk models, guaranty funds and margin accounts, as well as a CDS-focused risk management system. The client clearing solution permits firms to retain important trading and contractual relationships, including accepting transactions from a range of competitive existing execution models. As the leading middleware and connectivity provider for CDS execution, ICE Link connects dealers, inter-dealer brokers and over 790 buy-side firms, enabling product standardisation and integrated post-trade processing. About IntercontinentalExchange IntercontinentalExchange ( ICE ) is a leading operator of regulated exchanges and clearing houses serving the risk management needs of global markets for agricultural, credit, currency, emissions, energy and equity index products. www.theice.com The following are trademarks of IntercontinentalExchange, Inc.