Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

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skinny - Thanks for your good wishes, hip op went well and she (who must be obeyed) was in good form when I went to visit tonight. Apparently exercises start tomorrow, as soon as she can walk up and down stairs with the aid of 2 sticks she can come home. Miss trading but to be honest enjoying the weather more and won a tight golf match this morning, sell in May would appear to be good advice this year so some good bargains awaiting or not as the case may be down the line. Trust you are making a few bob. Cheers Chris.

PS

On the salads now, seen the error of my ways in the mirror this morning, anymore Mickey D's in danger of becoming a fat baxxxxd :O)

May Be Scrapped by EU Lawmakers
By Jim Brunsden on May 24, 2012 Tweet

NYSE Euronext

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Go Deutsche Boerse AG (DB1) may win a reprieve from draft European Union proposals to force exchanges to open up their derivatives clearing services to competition.

Some members of the European Parliament are seeking to scrap part of the proposals by Michel Barnier, the bloc’s financial services chief, amid fears they would threaten market stability, according to a document obtained by Bloomberg news.

The legislators are concerned that Barnier’s plans to boost competition will “fragment liquidity in trading platforms,” which “played a vital role in promoting stability during the financial crisis,” according to the document that lists proposed amendments to Barnier’s draft law.

EU antitrust officials vetoed merger plans by Deutsche Boerse and NYSE Euronext (NYX) (NYX) in February after concluding that the combination could threaten competition for trading in some derivatives. Barnier urged Joaquin Almunia, the EU’s antitrust chief, to take the competition-boosting effect of the draft law into account when deciding whether the merger should be permitted.

The move by the lawmakers “underpins” Deutsche Boerse’s position that open access to exchanges’ derivatives trade feeds “will endanger market integrity and lead to increased systemic risk,” Stefan Mai, Head of Market Policy and European Public Affairs at the Frankfurt-based exchange, said in an e-mail.

Competition Barriers
Barnier’s plan would require exchanges to share data on derivatives trades with rival clearinghouses, so allowing them to compete for business. The commissioner has said the measure is needed to tackle barriers to competition and so reduce costs for investors.

Some lawmakers from the parliament’s Christian Democrat, Socialist and Liberal groups are warning instead that the measure may threaten financial stability, by weakening clearinghouses and making them less able to cope with a large bank failure, according to the document.

“It would be a pity and yet another example of short- sightedness in policy making if the EU opts to row back on measures to improve competitiveness,” Richard Reid, research director for the International Centre for Financial Regulation in London, said in an e-mail. “Ultimately for end users, well regulated, transparent and open markets are better for choice and costs.”

Broader Overhaul
Barnier’s plans are part of a broader overhaul of the bloc’s financial market rules, known as Mifid, published last year. The draft law also includes curbs on high-frequency trading and a crackdown on so-called dark pools, private venues that don’t display prices in advance.

Clearinghouses such as LCH.Clearnet Group Ltd. and Deutsche Boerse’s Eurex Clearing operate as central counterparties for every buy and sell order executed by their members, who post collateral, reducing the threat from a trader’s default.

The parliament’s economic and monetary affairs committee is scheduled to vote on its opinion on the draft law on July 9, according to the assembly’s website. The legislation must be approved by the parliament and by the EU’s national governments before it can come into effect.

Governments clashed last year over whether to include similar provisions to bolster competition in a separate Barnier proposal to regulate trading in over-the-counter derivatives.

The U.K. gave up demands for the data sharing provisions to be imposed for exchange-traded derivatives in return for a promise from Barnier that the measures would be included in the Mifid proposals.

To contact the reporters on this story: Jim Brunsden in Brussels at jbrunsden@bloomberg.net.

All the best to your wife Chris in her recovery.

Cheers DC

'Cloaking' idea traps a rainbow

Researchers have trapped a rainbow - slowing light to a near-stop - in an array of 25,000 "invisibility cloaks", each smaller than a hair's breadth.

England match tomorrow night.

Do we really have a chance this time at Euros?.

Going to wembley tomorrow to watch huddersfield hopefully beat shef UTD. Bet theirs a 80,000 crowd maybe more.

2 historical giants.

Do we really have a chance this time at Euros?.

No way. Englebert Humperdincks to old to win.

Yes, the chance exist, something between Zero and 1%. IMO
Never say Never!!

LOL made me chuckle GM.

Seem to be shit at everything we do these days.

Anyway im going to enjoy the Euros no matter what, got 6 crates of stella in 10 bottles of spirits and to cap it all 2 cases of shit hot bombay mix........ brilliant.

England goalkeeper John Ruddy has been ruled out of Euro 2012 after breaking his finger in training.

Jedward are going to win Eurovision . They proved Simon Cowell wrong , they have become more successful then some of the X Factor winner's

Having been totally and utterly impressed by Gary Neville's take and analysis on 'matters football' with his recent punditry on Sky Sports, I will be interested to see if he brings a beneficial influence into England's style of play.

I reckon he will.

South Africa, Australia and New Zealand will host the biggest radio telescope ever built.

The nations belonging to the Square Kilometre Array (SKA) organisation took the decision at a meeting on Friday.

Very interesting zzzzzzzzzzzzzzzzzzzz

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Sorry - it is Friday. :-)

Bit pissed but that's okay it's Fiday yippeeee. Sitting in the garden yesterday when I heard a thump, looked round and saw a baby magpie scrabbling around on the lawn flapping what I can only describe as premature wings very fluffy. He or she is about 6 inches tall very rotund and was waddling around pitifully. Now the problem is we have two cats who as nature intended became very interested in this latest spectacle. Appreciating the possible consequences of this event I quickly dispatched said two cats indoors asap. Having done that and returning to the scene (I swear the only drug I was under the influence at the time was 3 cans of Bulmers cider and perhaps a quart of Famous Grouse Whisky, ( very apt bird picture on the bottle) My main concern was a ginger tom who only moved into the neighbourhood 12 months ago who upon his arrival with the absense of a bell round his neck killed every bird in his power, Until said owner was informed (thick bas....) that it might be a good idea in the interest of the bird population in our area to fit one, who objected vehemently and has subsequently binned it so no bird is safe yet again.

What to do? The parents who have nested here for the last two years are totally irresponsible, according to my wife same thing happened last year apparently (my wife is currently in hospital having had a hip replacement yesterday) but she was able with the aid of a ladder to put baby magpie back in the tree who was big enough to jump from branch to branch back into the nest. Sadly since last year the neighbours at the the back of us had a tree guy in who has pruned the branches of said tree out of reach of our ladder, shit was my first thought! Now mummy and daddy magpie though vociforous whenever any thing like a cat has approached including myself by the way are still totally clueless, they have knocked leaves of the tree presumably in an effort to feed baby magpie, who squawks like a good un, but has no chance of eating a bloody big leaf. For my part I have fed it bread soaked in water, wait for this the wife suggested from her hospital bed that I soak the bread in milk cause i'ts a baby ahhhh, for f sake I said the parents don't soak bread in milk, get a grip woman. Night time dawns what do I do? This little fellar is going to get eaten, brainwave where did i put our cats carry cages. Found one eventually, put in a nice warm blanket, saucer of water and some bread, placed baby magpie in said cage, goodnight god bless, safe. You guessed this morning when I went to release the poor mite cage covered in shite, but hey good news still alive. Now like most of the British Isles today was seriosly hot and obviously being a caring person I followed the little fellar as he hopped around the garden, every credit mummy and daddy magpie were still alert and dived bomb every cat and me following the progress of their little angel, who by 3pm was totally exhausted and collasped at certain intervals due to the heat. By now I had a certain determination that I was going to save this little blighter come what may, so I googled RSPB whatever and eventually spoke to a lady called Grace (so ironic that name) for advice. She with what can only ascern with very little emotion having informed her of the plight of this little fellar that realy it wouldn't be such a heartbreaker if the baby magpie died, cause they are the enemy they eat little birds. Oh okay, fu I thought, because by now I was on a mission the markets fucxxd and isn't nature wonderful and so what etc. Every bloody cat this evenig has sized this poor bugger up and mummy and daddy magpie have sorted them, at 9pm duskish with torch found the little fellar hiding behind cats cage, put a couple of leaves in, saucer of water and some bread soaked in water (not fing milk, for gods sake) so he is safely locked in till the morn. Next gripping episode tomorrow folks :O)

!

Bring on the next episode, great. :-))