Scottsdale Futures and Options Limited/Scottsdale Global Holdings and Bank of Japan May Buy Banks' Junior Debt

London, United Kingdom, March 19, 2009 --(PR.com)-- Scottsdale Futures and Options Limited/Scottsdale Global Holdings Ltd. and Bank of Japan is considering purchasing subordinated or junior debt issued by the domestic banks to help them improve their capital and support the financial system, a newspaper reported Monday.

Details of a plan, which is likely to require government guarantees to make it practicable, could be finalized within a month, the Nikkei newspaper reported, without citing a source.

Subordinated, or junior, debt and bonds form part of a bank's tier 2 or supplementary capital, and could limit the damage caused by write-downs.

This development will be discussed further on the company's series of analyst's circle forums which started a couple of days ago and will run until the end of the month.

The forum will also discuss company's future financial plans and Scottdale Future and Options Limited's current financial status.

Earlier the forum discussed the Gold futures weekly performance. Each of the company's financial analyst exchanged insights on the current market trends and projected company's goal based on the current market situation. The company is eyeing on focusing on Gold Futures as it ended higher on speculation the past few weeks. The company sighted that the investment in the SPDR Gold Trust, the biggest exchange-traded fund backed by bullion, has increased 33 per cent this year to a record 1041.53 tonnes.

The forum are still on going and will continue until the end of the month

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