71.   Federal Reserve chairman Alan Greenspan said however he was not concerned by the rapid development of the derivatives market despite the largest US local government collapse on record.

72.   Federal Reserve chairman Alan Greenspan said Thursday it would be a mistake to introduce special regulatory rules for the derivatives market.

73.   The resignations follow heavy losses suffered by Postipankki, especially at its New York branch, due to risky investments on the derivatives markets.

74.   The Sydney Futures Exchange warned that Barings collapse may hinder the rapid growth in Asian derivatives markets.

75.   Orange County filed for bankruptcy protection last week after revealing that it had lost millions of dollars in risky investments in the derivatives market.

76.   Securitisation and the derivatives markets both use SPVs.

77.   The collapse of British merchant bank Barings may hinder rapid growth in Asian derivatives markets, Les Hoskings, chief executive of the Sydney Futures Exchange, warned Tuesday.

78.   The Bundesbank chief said the governors had devoted their whole monthly meeting to the forex markets and had not touched on the derivatives markets at all.

79.   The derivatives market is a relatively new and extremely risky form of trading on financial instruments where the gains can be enormous, but so can the losses.

80.   The FEB will also draw up stricter regulations on investments by domestic fund managers and limits on losses in overseas financial derivatives markets.