TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: CIMA who wrote (92990)	10/4/2001 4:56:58 PM
From: Jim Bishop	of 150070

URGENT-Talks to sell RBC-DS to FC Stone cease WINNIPEG, Oct 4 (Reuters) - RBC-Dominion Securities said on Thursday that negotiations to sell its Winnipeg-based agricultural commodity trading division to FC Stone had ceased. A statement by RBC-DS, an institutional trading division of the Royal Bank of Canada (Toronto:RY.TO - news), the country's largest bank, said the trading house would remain a part of the RBC financial group. FC Stone, one of the largest commercial grain brokerage firms in the United States, said on Sept. 10 that it was in ``serious negotiation'' to buy RBC-DS's commodities unit. The Des Moines Iowa-based risk management firm is a wholly-owned subsidiary of Farmer's Commodities Corp., an agricultural co-operative and one of the largest volume commercial grain brokerage firms in the United States. RBC-Dominion Securities' commodity trading division in Winnipeg operates as a futures commission merchant, which trades at the Winnipeg Commodity Exchange, Canada's only agricultural futures and options trading floor.

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