VENTURE CAPITAL POST

The U.S. securities and commodities regulatory agencies pushed the congress to increase their budget. They argued that more fund is needed to do their functions in the growing financial markets and technology in recent years.

Brent crude extended its rally on Tuesday, moving further away from six-year lows hit in January, but some analysts warned that prices had risen too far and could face a downward correction.

The world's largest retailer is likely to provide an update on its layaway program's results and on early indications of whether shoppers are taking to its first holiday specials. Wall Street is waiting to see whether Wal-Mart again cuts its fiscal year forecast.

TrueEX's application for interest rate swap facilities is the next step to consolidate the market.

CME planning to create a platform SEF from the CFTC.

A US regulator subpoenaed major metal warehousing firms after an alleged restriction of material inflated prices.

INTL FCStone abandoned its plan to buy Cleartrade Exchange due to the newly-issued financial guidelines.

The CFTC would be conducting a formal meeting to discuss its new rule on swaps.