Nasdaq have announced that IDCG are now doing real swaps. http://www.reuters.com/article/idUSN2725655120100727 Good news for RZR.Also US Govt talk about reform plans for Fannie Mae and Freddie Mac which might turn out good for IDCG.Fannie and Freddie are one of the largest users of interest rate swaps and IDCG should be now firmly in the running for their business. So still plenty of existing work to keep RZR afloat. Now if they could just score a new deal. Still no announcement of the installation of the software at KPEI Indonesia.Must be due soon.
RZR Price at posting:
2.5¢ Sentiment: None Disclosure: Held
